Ans No of Material Moves - YES
Weight of material moved - YES
both of the above are acceptable measure of activity for a material handling activity cost pool.
Which of the following would be an acceptable measure of activity for a material handling activity...
Which of the following would be an acceptable measure of activity for a material handling activity cost pool? Number of Weight of material moved Yes Yes No No Options material moves Yes No Yes No Multiple Choice Option D Option C Option A Option B
Activity Cost Pool Activity Measure Estimated Overhead $
Purchasing Number of Orders $12,000.00 Material Handling Number of
Receipts $15,000.00 Production orders Set-up Hours $20,250.00
Inspection Inspection Hours $16,000.00 Frame assembly Assembly
Hours $8,000.00 Machine related Machine Hours $30,000.00 Total
Manufacturing Overhead costs $101,250.00.
To complete an "activity-based" cost structure, you are required
to apply manufacturing overhead to each of the briefcase products
on the activity cost pool data provided. Note that the Activity
Cost Pools are determined by management and...
Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 76,475.00 $ 72,200.00 $80,470.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 475 36,100 65 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy 10,130 180 9,550 22 Standard 21,800 126 20,000 16 Premium 3,575 169 6,550 27 Required: a. Calculate the...
Activity cost pools Materials handling Machine maintenance $48,590 $10,120 Cost drivers Number of material moves Number of machine hours 430 46,000 Required: 1. Calculate Bluefield's activity rate for each cost pool. 2. Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: Number of material moves Number of machine hours Product A Product B 240 190 17,900 28,100 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate...
Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 66,420.00 $113,100.00 $ 74,760.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 410 37,700 60 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy 10,040 112 9,650 15 Standard 20,800 126 20,400 Premium 3,590 172 7,650 15 30 Required: a. Calculate the...
Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $71,100.00 $74,400.00 $79,488.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 450 37,200 64 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy 10,080 148 9,550 28 Standard 20,100 127 20,300 11 Premium 3,525 175 7,350 25 Required: a. Calculate the activity rate...
$47,170 21,170 Activity cost pools Materials handling Machine maintenance Cost drivers Number of material moves Number of machine hours 890 73,000 Required: 1. Calculate the activity rate for each cost pool. 2. Determine the amount of overhead assigned to Fellar's products if they have the following activity demands: Number of material moves Number of machine hours Product Product B 550 340 42,100 30,900 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3...
Fellar Corp. has identified the following information: Activity cost pools Materials handling $53,100 Machine maintenance 21,000 Cost drivers Number of material moves 900 Number of machine hours 84,000 Required: 1. Calculate the activity rate for each cost pool. 2. Determine the amount of overhead assigned to Fellar’s products if they have the following activity demands: Product A Product B Number of material moves 540 360 Number of machine hours 42,200 41,800 Calculate the activity rate for each cost pool. Activity...
12. Which of the following activity costs would likely be included in a batch-level activity cost pool? A. Per unit inspection costs B. Machine set-up costs C. Quality control costs D. All of these answers are correct. 13. A product-level activity center would likely include all of the following costs except: A. engineering development costs. B. legal fees to obtain and protect patents. C. packaging design costs. D. materials handling costs.
4. Which of the following is an acceptable way of handling normal spoilage specific to a job? a) Increase the cost of good units produced in the job by the cost of the spoiled units. b) Decrease the cost of all good units produced in the job by the cost of the spoiled units. c) Write off the cost of spoiled units to manufacturing overhead d) Write off the cost of spoiled units as a period loss