Homework Answers
1. Answer : Option B , $576,000
Explanation :
Cost Assigned to Product X = $180 × 3,200 = $576,000
2 Answer : Option C , $270,000
Explanation;
Cost Assigned to Product A , = $150× 1,800 =$270,000
3. Answer : Option D , $23,460
Explanation;
Inspection Cost Assigned to Product A = $510 × 46 = $23,460
4. Answer : Option A , $12,320
Explanation;
Inspection Cost Assigned to Product X = $560 × 22 = $12,320
5. Answer : Option D , $187.50 Per Machine Hour
Explanation;
Activity Rate = Cost of Machining / Total Machine Hour
Activity Rate for Machining =$900,000/4,800= $187.50 Per Machine Hour
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Lynwood, Inc. produces two different products (Product A and Product X) using two different activities:...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $540 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,400 3,100 47 18 Total 4,500 65 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for inspection is $560 per batch. The activity drivers are used as follows: Product A Product x Total Machine hours 1,400 3,200 4,600 Number of batches 54 18 72 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $220 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Product A Product X 1,400 3,500 53 16 Total 4,900 Machine hours Number of batches What is the...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $580 per batch. The activity drivers are used as follows: Machine hours Number of batches Product a Product x 1,600 3,000 52 19 Total 4,600 71 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $510 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,800 3,100 46 19 Total 4,900 65 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, E and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $560 per batch. The activity drivers are used as follows: Machining, which uses machine hours as an activity driver, Product A 1,400 54 Product X 3,200 E...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A 1,800 53 Product X 3,000 21 Total 4,800 74 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $220 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Machine hours Number of batches Product 1,400 53 Product x 3,500 16 Total 4,900 69 What is the...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $570 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,900 3,200 54 21 Total 5,100 75 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $200 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Product A 1,900 45 Product X 3,900 Machine hours Number of batches Total 5,800 67 22 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $540 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,400 3,100 47 18 Total 4,500 65 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for inspection is $560 per batch. The activity drivers are used as follows: Product A Product x Total Machine hours 1,400 3,200 4,600 Number of batches 54 18 72 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $220 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Product A Product X 1,400 3,500 53 16 Total 4,900 Machine hours Number of batches What is the...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $580 per batch. The activity drivers are used as follows: Machine hours Number of batches Product a Product x 1,600 3,000 52 19 Total 4,600 71 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $510 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,800 3,100 46 19 Total 4,900 65 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, E and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $560 per batch. The activity drivers are used as follows: Machining, which uses machine hours as an activity driver, Product A 1,400 54 Product X 3,200 E...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A 1,800 53 Product X 3,000 21 Total 4,800 74 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $220 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Machine hours Number of batches Product 1,400 53 Product x 3,500 16 Total 4,900 69 What is the...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $570 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,900 3,200 54 21 Total 5,100 75 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $200 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Product A 1,900 45 Product X 3,900 Machine hours Number of batches Total 5,800 67 22 What is...
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