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31) An activity-based costing system that is designed for internal decision-making will not conform to generally...
QUESTION 13 Activity-based costing systems conform to Generally Accepted Accounting Principles and can therefore be used...
QUESTION 13 Activity-based costing systems conform to Generally Accepted Accounting Principles and can therefore be used for both internal and external reporting. O True O False QUESTION 14 Hane Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Activity Rate Assembling products.... Processing customer orders... Setting up batches... $8.90 $31.23 $43.72 per assembly hour per customer order per batch Data for one of the company's products follow: Product U94W Number...
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $...
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $ 630,000 Factory supplies $ 230,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Processing Unit Processing Other Total Supervisory wages 30% 65% 5% 100% Factory supplies 40% 30% 30% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. How much supervisory wages and factory supplies cost would...
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $...
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $ 660,000 Factory supplies $ 280,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Processing Unit Processing Other Total Supervisory wages 20% 70% 10% 100% Factory supplies 45% 35% 20% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. How much supervisory wages and factory supplies cost would...
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $...
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $ 780,000 Factory supplies $ 380,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Processing Unit Processing Other Total Supervisory wages 30% 60% 10% 100% Factory supplies 40% 30% 30% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. How much supervisory wages and factory supplies cost would...
Lehner Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages...
Lehner Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages Factory equipment depreciation $550,000 $273,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Customer Product Orders Processing Other Total 50% 30% 20% 100% Indirect factory wages Factory equipment depreciation 25% 60% 15% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization- sustaining costs that are not assigned to products. How much indirect factory wages and...
Ort Corporation has provided the following data from its activity-based costing accounting system: Distribution of Resource...
Ort Corporation has provided the following data from its
activity-based costing accounting system:
Distribution of Resource Consumption across Activity
Cost Pools:
The "Other" activity cost pool consists of the costs
of idle capacity and organization-sustaining costs that are not
assigned to products.
How much indirect factory wages and factory equipment
depreciation cost would be assigned to the Customer Orders activity
cost pool?
Indirect factory wages Factory equipment depreciation ....... $360,000 $100,000 Activity Cost Pools Indirect factory wages. Factory equipment depreciation..............
The following data have been provided by Hooey Corporation from its activity-based costing accounting system: Supervisory...
The following data have been provided by Hooey Corporation from its activity-based costing accounting system: Supervisory wages Factory utilities $ 48,000 $ 201,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Supervisory wages Factory utilities Hoteles Product Changeovers Machining 568 158 151 Other 133 Total 100% 191 1003 The "Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total amount of supervisory...
Beckley Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages...
Beckley Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages Factory equipment depreciation $ 22,000 $199.000 ok Distribution of Resource Consumption across Activity Cost Pools: Tint Customer Orders Product Processing Activity Cost Pools Indirect facetory wages Factory equipment depreciation other Total 44 438 134 14% 100 58V 100 The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total...
omasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $...
omasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $ 760,000 Factory supplies $ 360,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Processing Unit Processing Other Total Supervisory wages 20% 65% 15% 100% Factory supplies 45% 35% 20% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. How much supervisory wages and factory supplies cost would...
2. (cont.) Compute the product margins for the Xtreme and the Pathfinder products under the activity-based...
2. (cont.) Compute the product margins for the Xtreme and the
Pathfinder products under the activity-based costing system.
Pathfinder $ 80.00 $50.00 $10.00 Xtreme Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales 120.00 $ 64.80 $13.00 1.3 DLHs 1.0 DLHs 26,000 units 72,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead...
QUESTION 13 Activity-based costing systems conform to Generally Accepted Accounting Principles and can therefore be used for both internal and external reporting. O True O False QUESTION 14 Hane Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Activity Rate Assembling products.... Processing customer orders... Setting up batches... $8.90 $31.23 $43.72 per assembly hour per customer order per batch Data for one of the company's products follow: Product U94W Number...
Lehner Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages Factory equipment depreciation $550,000 $273,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Customer Product Orders Processing Other Total 50% 30% 20% 100% Indirect factory wages Factory equipment depreciation 25% 60% 15% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization- sustaining costs that are not assigned to products. How much indirect factory wages and...
Ort Corporation has provided the following data from its
activity-based costing accounting system:
Distribution of Resource Consumption across Activity
Cost Pools:
The "Other" activity cost pool consists of the costs
of idle capacity and organization-sustaining costs that are not
assigned to products.
How much indirect factory wages and factory equipment
depreciation cost would be assigned to the Customer Orders activity
cost pool?
Indirect factory wages Factory equipment depreciation ....... $360,000 $100,000 Activity Cost Pools Indirect factory wages. Factory equipment depreciation..............
The following data have been provided by Hooey Corporation from its activity-based costing accounting system: Supervisory wages Factory utilities $ 48,000 $ 201,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Supervisory wages Factory utilities Hoteles Product Changeovers Machining 568 158 151 Other 133 Total 100% 191 1003 The "Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total amount of supervisory...
Beckley Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages Factory equipment depreciation $ 22,000 $199.000 ok Distribution of Resource Consumption across Activity Cost Pools: Tint Customer Orders Product Processing Activity Cost Pools Indirect facetory wages Factory equipment depreciation other Total 44 438 134 14% 100 58V 100 The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total...
2. (cont.) Compute the product margins for the Xtreme and the
Pathfinder products under the activity-based costing system.
Pathfinder $ 80.00 $50.00 $10.00 Xtreme Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales 120.00 $ 64.80 $13.00 1.3 DLHs 1.0 DLHs 26,000 units 72,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead...
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