18) Setting up batch= 97*$59.96= $5816.12
Processing customer order= 47*$73.20= $3440.4
Assembly products= 501*$4.65= $2329.65
Overhead cost assigned to K91B= Setting up batch+Processing customer order+Assembly products
= $5816.12+3440.4+2329.65= $11586.17
So, the answer is option A) $11586.17
19) Processing cost per machine hour= $49800/11980= $4.16
Supervising cost per batch= $27500/2360= $11.65
Overhead cost assigned to Product O6= ($4.16*11300)+($11.65*1540)
= $64949
So, the answer is option D) $64949.00
5) Calculation of Equivalent Units for Conversion
Units completed and transferred | 32200 |
Units in ending inventory (1800*60%) | 1080 |
Equivalent units for Conversion costs | 33280 |
So, the answer is option A) 33280
6)
Calculation of Equivalent Units for Conversion
Units completed and transferred | 57650 |
Units in ending inventory (8150*40%) | 3260 |
Equivalent units for Conversion costs | 60910 |
Total costs= $35408+560104= $595512
Cost per equivalent unit for conversion costs= Total costs/Equivalent units for Conversion costs
= $595512/60910= $9.777
So, the answer is option B) $9.777
18) Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs t...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 59.91 per batch Processing customer orders $ 73.17 per customer order Assembling products $ 4.60 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 96 67 Number of customer orders 46 60 Number of assembly hours 500 907 How much overhead cost would be assigned to Product...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 59.11 per batch Processing customer orders $ 72.69 per customer order Assembling products $ 3.80 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 80 51 Number of customer orders 30 44 Number of assembly hours 484 891 How much overhead cost would be assigned to Product...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches Processing customer orders Assembling products $59.71 per batch $73.05 per customer order $ 4.40 per assembly hour Data concerning two products appear below: Product Product K91B F650 Number of batches 92 63 Number of customer orders 42 56 Number of assembly hours 496 903 How much overhead cost would be assigned to Product K91B using...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 59.46 per batch Processing customer orders $ 72.90 per customer order Assembling products $ 4.15 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 87 58 Number of customer orders 37 51 Number of assembly hours 491 898 How much overhead cost would be assigned to Product...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 60.06 per batch Processing customer orders $ 73.26 per customer order Assembling products $ 4.75 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 99 70 Number of customer orders 49 63 Number of assembly hours 503 910 How much overhead cost would be assigned to Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $52,100; Supervising, $30,100; and Other, $18,600. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Processing) Batches (Supervising) Product O6 17,400 750 Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $48,800; Supervising, $28,800; and Other, $24,100. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Processing) Batches (Supervising) Product O6 10,600 1,670 Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $48,800: Supervising. $36,700; and Other, $26,600. Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: MHS (Processing) 17,700 640 18,340 Batches (Supervising) 1,690 Product...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead Costs to Products. Help Save & Exit Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $27,200; Supervising $9,300; and Other, $9,500. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned...
Help Save & ERS Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing. $52,300; Supervising. $30,000; and Other, $26,000. Processing costs are assigned to products using machine- hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7...