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Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation (WHR) conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrige
Whirlpool Corporation conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrigerators (out of 333): one low-, one medlum-, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: Three Representative Number of Number of Number of Number of Machine Hours Refrigerators Setups Sales Orders Units Refrigerator-Low Volume 80 19 57 400 Refrigerator-Medium Volume 270 18 127 1,350...
Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrigerators (out of 333): one low-, one medium-, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: Three Representative Refrigerators Number of Machine Hours Number of Setups Number of Sales Orders Number of Units Refrigerator—Low Volume 120 21 63 600...
Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that We select three representative refrigerators (out of 333): one low-, one medium-, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: Three Representative Refrigerators Number of Machine Hours Number of Number of Number of Setups Sales Orders Units 100 Refrigerator-Low Volume Refrigerator-Medium Volume 500...
Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrigerators (out of 333): one low-, one medium, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: Three Representative Number of Number of Number of Number of Refrigerators Machine Hours Setups Sales Orders Units Refrigerator-Low Volume 40 20 60 200...
Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation conducted an activity-based costing study of its Evansvile, Indiana, plant in order to identify its most profitable products Assume that we select three representative refrigerators (out of 333): one low, one medium-, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: Number of Number of Number of Number of Three Representative Sales Orders Units Refrigerators Machine Hours Setups Refrigerator-Low Volume 20 19 100 1.950...
Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation (WHR) conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrigerators (out of 333): one low-, one medium-, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: TITI Number of Number of Number of Number of Sales Three Representative Refrigerators Machine Hours Setups Orders Units Refrigerator-Low Volume 24 14...
Chief Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $1,550,000, variable manufacturing overhead of $6.00 per labor hour, and 50,000 labor hours. The following data are available for Job 915, which was recently completed: 665 $21,045 Total machine hours Direct materials cost Total direct labor hours Direct labor 615 $26 per...
Chief Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $1,550,000, variable manufacturing overhead of $6.00 per labor hour, and 50,000 labor hours. The following data are available for Job 915, which was recently completed: Total machine 665 hours Direct $21,045 materials cost Total direct 615 labor hours Direct labor $26 per...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: 30,300 Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $575,700 4.00 16 Recently, Job T687 was completed 699 Number of units the job Total machine-hours Direct materials Direct labor cost $1, The amount of overhead applied to Job T687 is closest to NO Choice...
Meenach Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on 75.000 direct labor hours, total fixed manufacturing overhead cost of $150,000, and a variable manufacturing overhead rate of $2.70 per direct labor-hour. Recently Job X387 was completed and required 150 direct labor-hours. Required: Calculate the amount of overhead applied to Job X387. (Do not round intermediate calculations.) Overtad...