Homework Answers
Answer:
1.
| Activity | Estimated Manufacturing Overheads | Use of Cost Drivers | Cost Allocation Rates ($) |
| Machine Setups | 146,400 | 3,050 | 48 |
| Machining | 1,056,000 | 4,800 | 220 |
| Quality Control | 270,000 | 4,500 | 60 |
2.
| Job Cost Record | |
| Direct Material | $ 1,025 |
| James (12 * 25) | $ 300 |
| Alisha (4 * 28) | $ 112 |
| Machine Setup (1 * 48) | $ 48 |
| Machining (5* 220) | $ 1,100 |
| Quality Control (3 * 60) | $ 180 |
| Total Cost | $ 2,765 |
Add Answer to:
Hadsall Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect...
Wedge Industries, a small , family-run manufacturer, has adopted an ABC system. The following manufacturing activities,...
Wedge Industries, a small , family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: Click the icon to view activities, total costs, and cost drivers.) (Click the icon for additional information) Read the requirements 1. Compute the activity cost allocation rates for the year. (Round your answers to the nearest whole dollar.) Activity cost allocation rate Machine setups (per setup) Machining (per machine hour)...
Kirby Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect...
Kirby Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year Click the icon to view activities, total costs, and cost drivers.) During May. John and Allison Kirby machined and assembled Job 405. John worked a total of 12 hours on the job, while Allison worked 4 hours on the job. John is paid a $25 per hour wage rate, while Allison...
Gamble Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and...
Gamble Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified: (Click the icon to view the activity costs and drivers.) The Job Cost Record for Job #624 revealed that direct materials requisitioned for the job totaled $1,140. The Job Cost Record also showed that direct labor for this job totaled 6 hours at a wage rate of $22 per hour. Other data collected on the resources used by Job...
Gamble Products has adopted an ABC costing system. The following manufacturing The Job Cost Record for...
Gamble Products has adopted an ABC costing system. The following manufacturing The Job Cost Record for Job #624 revealed that direct materials requisitioned f activities, indirect manufacturing costs, and cost drivers have been identified: the job totaled $1,100. The Job Cost Record also showed that direct labor for th (Click the icon to view the activity costs and drivers.) job totaled 12 hours at a wage rate of $29 per hour. Other data collected on the resources used by Job...
Cormwell Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and...
Cormwell Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified: The Job Cost Record for Job #804 revealed that direct materials requisitioned forthe job totaled $1,250. The Job Cost Record also showed that direct labor for this job totaled 12 hours at a wage rate of $30 per hour. Total estimated Total estimated amount Activit l costs related of allocation base activity to activity $180,000 2,000 setups 2000 Machine...
Radley Products has adopted an ACB costing system. The following manufacturing activities, indirect manufacturing costs, and...
Radley Products has adopted an ACB costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified Machine setup 120,000 2,000 setups Machining 1,050,000 6,000 machine hrs Polishing 80,000 10,000 polishing cloths Quality control 280,000 4,000 test runs Facility-level costs 120,000 50,000 DL hrs MOH 1,650,000 The Job Cost Record for Job #624 revealed that direct materials requisitioned for the job totaled $1,050. the Job Cost Record also showed that direct labor for this job totaled...
Cornwell Products has adopted an ABC costing system to allocate its overhead costs. The following manufacturing...
Cornwell Products has adopted an ABC costing system to allocate its overhead costs. The following manufacturing activities and cost drivers have been identified: Activity Machine setup Machining Polishing Quality control Facility-level costs Total overhead costs Estimated OH Costs $180,000 $1,050,000 $100,000 $320,000 $150,000 $1,800,000 Esimated amount of allocation base 2,000 setups 12,000 machine hours 5,000 polishing cloths 4,000 test runs 50,000 DL hours The job cost record for Job #804 revealed the following Direct material costs: $1,250 Direct labor 12...
Assigned Media Question Help o E4-24A (similar to) Camoy Products has adopted an ABC cooling system....
Assigned Media Question Help o E4-24A (similar to) Camoy Products has adopted an ABC cooling system. The following manufacturing activities. Indirect manufacturing costs, and cost drivers have been identified: Click the icon to view the activity costs and drivers.) The Job Cost Record for Job 0624 revealed that direct materials requisitioned for the job totaled S1,040 The Job Cost Record also showed that direct labor for this job totaled 8 hours at a wage rate of $27 per hour Other...
Requirements: 1. Compute the activity cost allocation rates for the year. 2. Complete the job cost...
Requirements:
1.
Compute the activity cost allocation rates for the year.
2.
Complete the job cost record for Job 557.
Kauler Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: (Click the icon to view activities, total costs, and cost drivers.) During May, Larry and Civilla Kauler machined and assembled Job 557. Larry worked a total of 12 hours on the...
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual...
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $201,600, $413,100, and $84,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,300, and number of inspections 1,800. Compute the overhead rate for each activity. Machine setups $ per setup Machining $ per machine hour Inspections $ per inspection
Wedge Industries, a small , family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: Click the icon to view activities, total costs, and cost drivers.) (Click the icon for additional information) Read the requirements 1. Compute the activity cost allocation rates for the year. (Round your answers to the nearest whole dollar.) Activity cost allocation rate Machine setups (per setup) Machining (per machine hour)...
Kirby Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year Click the icon to view activities, total costs, and cost drivers.) During May. John and Allison Kirby machined and assembled Job 405. John worked a total of 12 hours on the job, while Allison worked 4 hours on the job. John is paid a $25 per hour wage rate, while Allison...
Gamble Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified: (Click the icon to view the activity costs and drivers.) The Job Cost Record for Job #624 revealed that direct materials requisitioned for the job totaled $1,140. The Job Cost Record also showed that direct labor for this job totaled 6 hours at a wage rate of $22 per hour. Other data collected on the resources used by Job...
Gamble Products has adopted an ABC costing system. The following manufacturing The Job Cost Record for Job #624 revealed that direct materials requisitioned f activities, indirect manufacturing costs, and cost drivers have been identified: the job totaled $1,100. The Job Cost Record also showed that direct labor for th (Click the icon to view the activity costs and drivers.) job totaled 12 hours at a wage rate of $29 per hour. Other data collected on the resources used by Job...
Cormwell Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified: The Job Cost Record for Job #804 revealed that direct materials requisitioned forthe job totaled $1,250. The Job Cost Record also showed that direct labor for this job totaled 12 hours at a wage rate of $30 per hour. Total estimated Total estimated amount Activit l costs related of allocation base activity to activity $180,000 2,000 setups 2000 Machine...
Cornwell Products has adopted an ABC costing system to allocate its overhead costs. The following manufacturing activities and cost drivers have been identified: Activity Machine setup Machining Polishing Quality control Facility-level costs Total overhead costs Estimated OH Costs $180,000 $1,050,000 $100,000 $320,000 $150,000 $1,800,000 Esimated amount of allocation base 2,000 setups 12,000 machine hours 5,000 polishing cloths 4,000 test runs 50,000 DL hours The job cost record for Job #804 revealed the following Direct material costs: $1,250 Direct labor 12...
Assigned Media Question Help o E4-24A (similar to) Camoy Products has adopted an ABC cooling system. The following manufacturing activities. Indirect manufacturing costs, and cost drivers have been identified: Click the icon to view the activity costs and drivers.) The Job Cost Record for Job 0624 revealed that direct materials requisitioned for the job totaled S1,040 The Job Cost Record also showed that direct labor for this job totaled 8 hours at a wage rate of $27 per hour Other...
Requirements:
1.
Compute the activity cost allocation rates for the year.
2.
Complete the job cost record for Job 557.
Kauler Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: (Click the icon to view activities, total costs, and cost drivers.) During May, Larry and Civilla Kauler machined and assembled Job 557. Larry worked a total of 12 hours on the...
Most questions answered within 3 hours.
-
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 44 minutes ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 46 minutes ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 51 minutes ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 55 minutes ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 1 hour ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 1 hour ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 1 hour ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 1 hour ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 1 hour ago -
(As soon as possible) Balance each of the following equations
according to the half-reaction method:
H2O2(aq)...
asked 1 hour ago -
A thin rod with a mass of 3.5kg and a length L=1.5 m is oriented
horizontally....
asked 1 hour ago -
Inheritance pattern in BRCA 1
Describe the inheritance pattern of BRCA 1 Is it recessive or...
asked 1 hour ago