QS 17-12 (Algo) Allocating overhead cost using activity-based costing LO P3
Rand Company computed the following activity rates using activity-based costing.
| Activity | Activity Rate | |
|---|---|---|
| Setup | $ 1,050 | per setup |
| Materials handling | $ 45 | per materials requisition |
| Inspection | $ 2 | per unit inspected |
The company’s deluxe model used the following activities to produce 1,500 units.
| Activity | Actual Activity Usage | |
|---|---|---|
| Setup | 2 | setups |
| Materials handling | 23 | materials requisitions |
| Inspection | 1,500 | units inspected |
Compute the overhead cost per unit for the deluxe model using activity-based costing.
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QS 17-12 (Algo) Allocating overhead cost using activity-based costing LO P3
eBook Calculator Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces...
eBook Calculator Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a standard model and a deluxe model. The deluxe model has a wider and sturdier base and a variety of electronic gadgets to help the exerciser monitor heartbeat, calories burned, distance traveled, etc. At the beginning of the year, the following data were prepared for this plant: Standard Model Deluxe Model Expected quantity 30,000 15,000 Selling price $370 $700 Prime costs $4.5...
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Please show working and answer in order Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes....
Please show working and answer in order
Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a standard model and a deluxe model. The deluxe model has a wider and sturdier base and a variety of electronic gadgets to help the exerdser monitor heartbeat, calories burned, distance traveled, etc. At the beginning of the year, the following data were prepared for this plant Standard Model 30,000 $370 Deluxe Model 15,000 $700 Expected quantity...
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Please verify the correct answers below and complete the ending question. Options for drop down activity-based...
Please verify the correct answers below and complete the ending
question.
Options for drop down activity-based method
/ unit-based method
Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a standard model and a deluxe model. The deluxe model has a wider and sturdier base and a variety of electronic gadgets to help the exerciser monitor heartbeat, calories burned, distance traveled, etc. At the beginning of the year, the following data were prepared...
eBook Calculator Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a standard model and a deluxe model. The deluxe model has a wider and sturdier base and a variety of electronic gadgets to help the exerciser monitor heartbeat, calories burned, distance traveled, etc. At the beginning of the year, the following data were prepared for this plant: Standard Model Deluxe Model Expected quantity 30,000 15,000 Selling price $370 $700 Prime costs $4.5...
Please show working and answer in order
Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a standard model and a deluxe model. The deluxe model has a wider and sturdier base and a variety of electronic gadgets to help the exerdser monitor heartbeat, calories burned, distance traveled, etc. At the beginning of the year, the following data were prepared for this plant Standard Model 30,000 $370 Deluxe Model 15,000 $700 Expected quantity...
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Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Cost Activity Base Activity Casting $257,850 Machine hours Assembly Inspecting 206,910 41,440 36,400 35,260 Direct labor hours Number of inspections Number of setups Number of loads Setup Materials handling Corporate records were obtained to estimate the amount of activity...
Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $238,510 Machine hours Assembly 200,940 Direct labor hours Inspecting 31,360 Number of inspections Setup 51,840 Number of setups Materials handling 35,200 Number of loads Corporate records were obtained to estimate the amount of activity...
Please verify the correct answers below and complete the ending
question.
Options for drop down activity-based method
/ unit-based method
Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a standard model and a deluxe model. The deluxe model has a wider and sturdier base and a variety of electronic gadgets to help the exerciser monitor heartbeat, calories burned, distance traveled, etc. At the beginning of the year, the following data were prepared...
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