Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B...
Sheddon Industries produces two products. The products' identified costs are as follows:
| Product A | Product B | |||||
| Direct materials | $ | 19,000 | $ | 14,000 | ||
| Direct labor | 17,000 | 23,000 | ||||
The company's overhead costs of $53,000 are allocated based on direct labor cost. Assume 3,000 units of product A and 4,000 units of Product B are produced. What is the cost per unit for product B? (Do not round intermediate calculations.)
Homework Answers
however, in ques per unit cost
of only b was asked , i have given the per unit cost of product a
also for better understanding.
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Sheddon Industries produces two products. The products'
identified costs are as follows:
Product A
Product B...
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B...
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $20,000 $15,000 Direct labor 24,000 12,000 The company's overhead costs of $54,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round your intermediate calculations.) Multiple Cholce $39,000 $50,000 $93,000 None of the answers are correct.
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor...
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product Product B $ 22,000 $17,000 14,000 26,000 The company's overhead costs of $56,000 are allocated based on direct labor cost. Assume 6,000 units of product A and 7,000 units of Product Bare produced. What is the cost per unit for product B? (Do not round intermediate calculations.) Multiple Choice $13.34 $11.34 $12.69 None of the answers are correct. < Prey 2 of 7...
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor...
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product A $20,000 12,000 Product B $15,000 24,000 29 The company's overhead costs of $108,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice $68,000 $36.000 None of the answers are correct $111.000
Sheddon Industries produces two products. The products' identifted costs are as foillows eook Product A Product...
Sheddon Industries produces two products. The products' identifted costs are as foillows eook Product A Product B Direct materials $26,000 18,000 Relerences $21,000 Direct labor 30,000 The company's overhead costs of $60.000 are allocated based on labor cost. Assume 10,000 units of product A and 11,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice ©66500 (A $51.000 DNONE of the answers () S1,000
Paris, Inc, Produces two products, Product A and Product B. If currently allocates overhead costs using...
Paris, Inc, Produces two products, Product A and Product B. If currently allocates overhead costs using direct-labor hours, but the controller has recommended an activity-based costing (ABC) system using the following data: Activity Level Activity Cost-Driver Base Cost Product A Product B Production setup Number of setups 90,000 11 19 Materials handing & requisition Number of parts per unit 15,000 6 18 Packaging & shipping Number of units shipped 45,000 60,000 120,000 Total overhead 150,000 A, Compute the amount of...
Snowden Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires...
Snowden Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Activity Pools Repair and maintenance on assembly machine Programming cost Software inspections Product testing Total overhead cost Cost Pool Total $ 113,900 145,600 12,000 16,000 $287,500 Cost Driver Number of units...
Please help with the following Tiger Furnishings produces two models of cabinets for home theater components,...
Please help with the
following
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,340 3,700 2,400 $19,000 62,500 Dominator 490 2,300 4,000 $5,350 47,500 Total 1,830 6,000 6,400 $ 24,350 110,000 194,470 $328,820 Tiger Furnishings's CFO believes that a two-stage cost allocation system would give managers better...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, LO4-3, LO4-4] Kunkel Company makes two products...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, LO4-3, LO4-4] Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: points Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Mercon $ 10.00 $ 3.00 0.20 10,000 Wurcon $ 8.00 $ 3.75 0.25 40,oo eBook...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, LO4-3, LO4-4) Kunkel Company makes two products...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, LO4-3, LO4-4) Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Mercon $ 15.00 $ 5.00 @.50 2,000 Wurcon $12.00 $ 7.00 6.25 4,000 These products are...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, L04-3, L04-4] Kunkel Company makes two products...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, L04-3, L04-4] Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Mercon $ 8.00 $ 13.00 0.40 4,000 Wurcon $ 6.00 $ 16.00 2.80 8,000 These products...
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $20,000 $15,000 Direct labor 24,000 12,000 The company's overhead costs of $54,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round your intermediate calculations.) Multiple Cholce $39,000 $50,000 $93,000 None of the answers are correct.
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product Product B $ 22,000 $17,000 14,000 26,000 The company's overhead costs of $56,000 are allocated based on direct labor cost. Assume 6,000 units of product A and 7,000 units of Product Bare produced. What is the cost per unit for product B? (Do not round intermediate calculations.) Multiple Choice $13.34 $11.34 $12.69 None of the answers are correct. < Prey 2 of 7...
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product A $20,000 12,000 Product B $15,000 24,000 29 The company's overhead costs of $108,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice $68,000 $36.000 None of the answers are correct $111.000
Sheddon Industries produces two products. The products' identifted costs are as foillows eook Product A Product B Direct materials $26,000 18,000 Relerences $21,000 Direct labor 30,000 The company's overhead costs of $60.000 are allocated based on labor cost. Assume 10,000 units of product A and 11,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice ©66500 (A $51.000 DNONE of the answers () S1,000
Snowden Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Activity Pools Repair and maintenance on assembly machine Programming cost Software inspections Product testing Total overhead cost Cost Pool Total $ 113,900 145,600 12,000 16,000 $287,500 Cost Driver Number of units...
Please help with the
following
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,340 3,700 2,400 $19,000 62,500 Dominator 490 2,300 4,000 $5,350 47,500 Total 1,830 6,000 6,400 $ 24,350 110,000 194,470 $328,820 Tiger Furnishings's CFO believes that a two-stage cost allocation system would give managers better...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, LO4-3, LO4-4] Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: points Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Mercon $ 10.00 $ 3.00 0.20 10,000 Wurcon $ 8.00 $ 3.75 0.25 40,oo eBook...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, LO4-3, LO4-4) Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Mercon $ 15.00 $ 5.00 @.50 2,000 Wurcon $12.00 $ 7.00 6.25 4,000 These products are...
Exercise 4-7 Contrast ABC and Conventional Product Costs (L04-2, L04-3, L04-4] Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Mercon $ 8.00 $ 13.00 0.40 4,000 Wurcon $ 6.00 $ 16.00 2.80 8,000 These products...
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