Which of the following cost pools are used to classify costs under activity-based costing? Unit Batch...
Which of the following cost pools are used to classify costs under activity-based costing?
| Unit | Batch | Product | Facility | |||
| A) | Yes | Yes | Yes | No | ||
| B) | Yes | Yes | Yes | Yes | ||
| C) | No | Yes | Yes | No | ||
| D) | Yes | No | Yes | Yes | ||
| E) | Yes | Yes | No | No | ||
Homework Answers
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Which of the following cost pools are used to classify costs
under activity-based costing?
Unit
Batch...
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost...
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost hierarchy). 1. Procurement of raw materials 2. Material handling 3. Machine set-ups 4. Production 5. Quality inspection 6. Distribution
Which of the following are part of the four-level hierarchy used in activity-based costing systems? Batch-level...
Which of the following are part of the four-level hierarchy used in activity-based costing systems? Batch-level activities Company-wide activities Facility-level activities Overhead activities Product-level activities Unit-level activities
Classify each of the following activity costs of Quick Pix as either unit-level, batch-level, product-level, or facility-level.
(a)Colour printing materialsselect a classification of activity costs Batch- or unit-levelBatch- or-product-levelFacility-levelProduct-level(b)Photocopy paperselect a classification of activity costs Unit-levelFacility-levelBatch- or unit-levelBatch- or-product-levelBatch-levelProduct-level(c)Depreciation of machinery (assume units-of-activity depreciation)select a classification of activity costs ...
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other....
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hour (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Howell Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's...
Howell Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $32,300 $7,250 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation Indirect labor 0.50 0.30 0.20 0.40 0.30 0.30 Costs in the Machining cost pool are assigned...
please answer soon!!! Saved Howell Corporation's activity-based costing system has three activity cost pools--Machining. Setting Up,...
please answer soon!!!
Saved Howell Corporation's activity-based costing system has three activity cost pools--Machining. Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $32,900 $ 7,460 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.30 0.40 Setting Up 0.40 0.20 Other 0.30 0.40 Costs in the...
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing. Setting Up, and Other....
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing. Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) $ 27,200 Indirect labor (total) $ 7,840 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation 0.40 0.30 0.30 Indirect labor 0.40 0.30 0.30 Costs in the Machining cost pool...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $280,460 Number of machine hours 67,500 Number of design hours 70,070 Number of batches Estimated Cost Driver 75,800 7,500 490 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in...
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost hierarchy). 1. Procurement of raw materials 2. Material handling 3. Machine set-ups 4. Production 5. Qu...
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost hierarchy). 1. Procurement of raw materials 2. Material handling 3. Machine set-ups 4. Production 5. Quality inspection 6. Distribution
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hour (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Howell Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $32,300 $7,250 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation Indirect labor 0.50 0.30 0.20 0.40 0.30 0.30 Costs in the Machining cost pool are assigned...
please answer soon!!!
Saved Howell Corporation's activity-based costing system has three activity cost pools--Machining. Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $32,900 $ 7,460 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.30 0.40 Setting Up 0.40 0.20 Other 0.30 0.40 Costs in the...
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing. Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $280,460 Number of machine hours 67,500 Number of design hours 70,070 Number of batches Estimated Cost Driver 75,800 7,500 490 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in...
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