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COVID 19 Company produces hand tools. Budgeted sales...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $1162.400 of overhead to products Beta and...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $1162.400 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH). production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow. Pool No.1 (Driver: DLH) 1,700 3,500 Pool No. 2 (Driver: SU)...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $162.400 of overhead to products Beta and...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $162.400 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow Pool No. 2 (Driver: Pool No. 3 (Driver: Pool No.1 (Driver:...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $995,300 of overhead to products Beta and...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $995,300 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow Pool No.1 (Driver: DLH) 1,800 3,250 Pool No. 2 (Driver: SU)...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $1,005,000 of overhead to products Beta and...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $1,005,000 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow. Pool No. 1 (Driver: DLH) 2,000 2,800 Pool No. 2 (Driver:...
COVID 19 Co produces hand tools. A sales budget for the next four months is as...
COVID 19 Co produces hand tools. A sales budget for the next four months is as follows: March 10,400 units, April 13.700, May 16,400 and June 21,500. Slow Toad & Co's ending finished goods inventory policy is 20% of the following month's sales. What is budgeted ending finished goods inventory for May? Select one: a. 4.300 b. 2,740 о C. 3,280 O d. 2,080
COVID 19 Co has an activity-based costing system with three activity cost pools-Machining, Assembly, and Other....
COVID 19 Co has an activity-based costing system with three activity cost pools-Machining, Assembly, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow Overhead costs: Equipment depreciation $79,600 Factory expense $5,000 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Assembly Other Equipment depreciation 0.30 0.50 0.20 Factory expense...
COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other....
COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: $79,600 Equipment depreciation $5,000 Factory expense Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Assembly Other 0.20 0.20 Equipment depreciation 0.50 0.30 Factory...
COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other....
COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: $79,600 Equipment depreciation $5,000 Factory expense Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Assembly Other 0.20 0.20 Equipment depreciation 0.50 0.30 Factory...
no need for details, just the final answer Which of the following is not a step...
no
need for details, just the final answer
Which of the following is not a step involved in activity-based costing? Select one: a. Identify the activities that consume resources and assign costs to those activities O b. Assign costs to products by multiplying the cost driver rate by the volume of cost driver units consumed by the product Oc Compute a cost rate per cost driver unit or transaction d. Determine how to reduce the costs of making products by...
Cartwright Inc produces wiring harnesses used in semi-trailers. The wiring harnesses sales for the next 4 months is proj...
Cartwright Inc produces wiring harnesses used in semi-trailers.
The wiring harnesses sales for the next 4 months is projected to
be:
January 15,000. February 17,000,
March 22,000, April 24,000, May 26,000.
Finished goods inventory on January 1 is expected to be 5000
units. The desired ending FGI for any month (except for the Dec 31
inventory as noted previously) is expected to be 20% of the
following month’s sales.
Data for materials used are: Part A87 4 parts per
unit ...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $1162.400 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH). production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow. Pool No.1 (Driver: DLH) 1,700 3,500 Pool No. 2 (Driver: SU)...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $162.400 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow Pool No. 2 (Driver: Pool No. 3 (Driver: Pool No.1 (Driver:...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $995,300 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow Pool No.1 (Driver: DLH) 1,800 3,250 Pool No. 2 (Driver: SU)...
St. Vincent's, Inc., currently uses traditional costing procedures, applying $1,005,000 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow. Pool No. 1 (Driver: DLH) 2,000 2,800 Pool No. 2 (Driver:...
COVID 19 Co produces hand tools. A sales budget for the next four months is as follows: March 10,400 units, April 13.700, May 16,400 and June 21,500. Slow Toad & Co's ending finished goods inventory policy is 20% of the following month's sales. What is budgeted ending finished goods inventory for May? Select one: a. 4.300 b. 2,740 о C. 3,280 O d. 2,080
COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: $79,600 Equipment depreciation $5,000 Factory expense Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Assembly Other 0.20 0.20 Equipment depreciation 0.50 0.30 Factory...
COVID 19 Co has an activity-based costing system with three activity cost pools--Machining, Assembly, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: $79,600 Equipment depreciation $5,000 Factory expense Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Assembly Other 0.20 0.20 Equipment depreciation 0.50 0.30 Factory...
no
need for details, just the final answer
Which of the following is not a step involved in activity-based costing? Select one: a. Identify the activities that consume resources and assign costs to those activities O b. Assign costs to products by multiplying the cost driver rate by the volume of cost driver units consumed by the product Oc Compute a cost rate per cost driver unit or transaction d. Determine how to reduce the costs of making products by...
Cartwright Inc produces wiring harnesses used in semi-trailers.
The wiring harnesses sales for the next 4 months is projected to
be:
January 15,000. February 17,000,
March 22,000, April 24,000, May 26,000.
Finished goods inventory on January 1 is expected to be 5000
units. The desired ending FGI for any month (except for the Dec 31
inventory as noted previously) is expected to be 20% of the
following month’s sales.
Data for materials used are: Part A87 4 parts per
unit ...
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