option D. (1).$2.0 ;(2) $ 1.50; (3)$16.00
Activity 1
budgeted cost = $ 70,000
Budgeted activity = $6000+$9000+$20000= $ 35,000
Activity rate = budgeted cost / budgeted activity
= $70,000/35,000
= $ 2
Activity 2
budgeted cost = $ 45,000
Budgeted activity= $ 7000+$15,000+$8,000= $30,000
Activity rate = $45,000/$30,000
= $1.5
Activity 3
Budgeted cost = $82,000
Budgeted activity= $ 2,500+$1,000+$1,625= $5125
Activity rate = $82,000/$5125
= $16
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Activity Budgeted Cost Product A Product B Product C $70,000 6,000 9,000 20,000 $45,000 7,000 15,000 8,000 $82,000 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing?...
6. A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 What are the activity rates for the three...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity cost pool budgeted cost product A product B product C Activity 1 70,000 6,000 9,000 20,000 Activity 2 45,000 7,000 15,000 8,000 Activity 3 82,000 2,500 1,000 1,625 How much overhead will be assigned to product B using activity-based costing?
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $70,000 6,000 9,000 20,000 Activity 2 $45,000 7,000 15,000 8,000 Activity 3 $82,000 2,500 1,000 1,625 How much overhead will be assigned to Product B using activity-based costing?...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 How much overhead will be assigned to Product B...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $70,000 $45,000 $82,000 Budgeted Activity Product A Product B Product C 6,000 9,000 20,000 7,000 15,000 8,000 2,500 1,000 1,625 How much overhead will be assigned to Product B using activity-based costing?
7. A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 How much overhead will be assigned to Product...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 What are the activity rates for the three...
A company uses activity-based costing to determine the costs of its three products: X, Y, and Z. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product X Product Y Product Z Activity 1 $ 67,750 5,807 8,718 115,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 (Round your answer to two decimal places as is...
OS 4-12 Computing activity rates A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of the company's three activity cost pools follow. Activity Cost Pool Activity l... Activity 2... Activity 3 Budgeted Activity of Cost Driver Budgeted Cost Product A Product B Product $140,000 20.000 6,000 $ 90,000 8,000 15.000 7.000 $ 82,000 1.625 1.000 2,500 9.000 Compute the activity rates for each...