Homework Answers
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Allocation rate = Estimated overhead/total allocation base = 6000/(35+125) = 6000/160 = 37.50 Option D is the answer |
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9. Heather Manufacturing Company manufactures two products (I and II). The overhead costs (536,200) have been divided i...
16) Figure 4-11 Longview Manufacturing Company manufactures two products (I and II), The overhead costs ($58,000)...
16) Figure 4-11 Longview Manufacturing Company manufactures two products (I and II), The overhead costs ($58,000) have been divided into three cost pools that use the following activity drivers: Number of Labor Product Number of Orders ransactions Labor Hours 500 2,000 Cost per pool $12,500 $8,000 $40,000 Refer to Figure 4-11. What is the allocation rate per order using ABC? $12,500 $500 $2,320 $58,000
& Tandem Company manufactures to products (D and F). The overhead costs (584,000) have been divided...
& Tandem Company manufactures to products (D and F). The overhead costs (584,000) have been divided into three cost pools that use the following activity drivers Product Number of Setups Machine Hours Packing Orders SOO 175 10 2,000 10 Cost per pool 511,000 560,000 $18.750 What is the allocation rate per packing order using activity based costing? a $18,750 b. 575 c. $ 1,875 d. S 250 HD The overhead costs ($36.200)
8. Tandem Company manufactures two products (D and F. ompany manufactures two products (D and F)....
8. Tandem Company manufactures two products (D and F. ompany manufactures two products (D and F). The overhead costs ($84.000) have divided into three cost pools that use the following activity an Product Number of Setups Machine Hours Packing Orders 500 10 2.000 175 10 75 Cost per pool $11,000 $60,000 $18.750 What is the allocation rate per packing order using activity-based costing? a. $18,750 b. $ 75 c. $ 1.875 d. $ 250
The Leon Company manufactures Bows and Ties. The following shows the activities per product and total...
The Leon Company manufactures Bows and Ties. The following shows the activities per product and total activity information: Setups Inspections Assembly (DLH) Bows - 4,000 units 1 4 1 Activity Pool Budgeted Amount Activity Base Setups $60,000 20,000 Inspections $120,000 124.000 Assembly (DL Hrs) $420,000 28,000 Calculate the total factory overhead to be charged to each unit of Bows. Multiple Choice $16.67 $23.00 the total factory overhead to be charged to each unit of Bows. Multiple Choice $16.67 $23.00 $50.00...
Schwering Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been...
Schwering 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: Machining, $45,900; Order Filling, $90,000; and Other, $55,200. Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Machining) Orders (Order Filling) Product D7...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $22.86 per unit, while product B has been assigned $7.39 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: Cost Pools Activity Costs Cost Drivers Activity Driver Consumption Machine setup $...
Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The...
Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity Machining Machine-hours $ 209,000 10,000 MHs...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $30.25 per unit, while product B has been assigned $6.97 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: points eBook Cost Pools Machine setup Materials handling Electric power Activity Costs...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $10.80 per unit, while product B has been assigned $3.60 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: Cost Pools Machine setup Materials handling Electric power Activity Costs Cost Drivers...
Donald Trump’s Company has budgeted manufacturing overhead costs of $3,000,000. It has allocated overhead on a plant-wid...
Donald Trump’s Company has budgeted manufacturing overhead costs of $3,000,000. It has allocated overhead on a plant-wide basis to its two products (The Wall and The Wig) using machine hours, which are estimated to be 100,000 for the current year. The company has decided to experiment with activity-based costing and has created five activity cost pools and related activity cost drivers as follows: Activity Cost Driver Estimated Overhead Expected Activity Material handling Number of moves $250,000 50,000 Purchase orders Number...
16) Figure 4-11 Longview Manufacturing Company manufactures two products (I and II), The overhead costs ($58,000) have been divided into three cost pools that use the following activity drivers: Number of Labor Product Number of Orders ransactions Labor Hours 500 2,000 Cost per pool $12,500 $8,000 $40,000 Refer to Figure 4-11. What is the allocation rate per order using ABC? $12,500 $500 $2,320 $58,000
& Tandem Company manufactures to products (D and F). The overhead costs (584,000) have been divided into three cost pools that use the following activity drivers Product Number of Setups Machine Hours Packing Orders SOO 175 10 2,000 10 Cost per pool 511,000 560,000 $18.750 What is the allocation rate per packing order using activity based costing? a $18,750 b. 575 c. $ 1,875 d. S 250 HD The overhead costs ($36.200)
8. Tandem Company manufactures two products (D and F. ompany manufactures two products (D and F). The overhead costs ($84.000) have divided into three cost pools that use the following activity an Product Number of Setups Machine Hours Packing Orders 500 10 2.000 175 10 75 Cost per pool $11,000 $60,000 $18.750 What is the allocation rate per packing order using activity-based costing? a. $18,750 b. $ 75 c. $ 1.875 d. $ 250
The Leon Company manufactures Bows and Ties. The following shows the activities per product and total activity information: Setups Inspections Assembly (DLH) Bows - 4,000 units 1 4 1 Activity Pool Budgeted Amount Activity Base Setups $60,000 20,000 Inspections $120,000 124.000 Assembly (DL Hrs) $420,000 28,000 Calculate the total factory overhead to be charged to each unit of Bows. Multiple Choice $16.67 $23.00 the total factory overhead to be charged to each unit of Bows. Multiple Choice $16.67 $23.00 $50.00...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $30.25 per unit, while product B has been assigned $6.97 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: points eBook Cost Pools Machine setup Materials handling Electric power Activity Costs...
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $10.80 per unit, while product B has been assigned $3.60 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: Cost Pools Machine setup Materials handling Electric power Activity Costs Cost Drivers...
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