1 | ||
Total manufacturing overhead cost | 461120 | |
2 | ||
Total manufacturing overhead cost | 234880 | |
3 | ||
Total overhead cost: | ||
Product Y | 84% | =8400/10000 |
Product Z | 16% | =1600/10000 |
4 | ||
Machining costs: | ||
Product Y | 76.36% | =8400/11000 |
Product Z | 23.64% | =2600/11000 |
5 | ||
Machine Setups costs: | ||
Product Y | 25% | =60/240 |
Product Z | 75% | =180/240 |
6 | ||
Product Design cost: | ||
Product Y | 50% | =1/2 |
Product Z | 50% | =1/2 |
7 | ||
General Factory cost: | ||
Product Y | 84% | =8400/10000 |
Product Z | 16% | =1600/10000 |
Workings: | ||
Activity rate: | ||
Machining | 20.4 | =224400/11000 |
Machine setups | 540 | =129600/240 |
Production design | 44000 | =88000/2 |
General factory | 25.4 | =254000/10000 |
Product Y: | ||
Machining | 171360 | =8400*20.4 |
Machine setups | 32400 | =60*540 |
Production design | 44000 | |
General factory | 213360 | =8400*25.4 |
Total manufacturing overhead cost | 461120 | |
Product Z: | ||
Machining | 53040 | =2600*20.4 |
Machine setups | 97200 | =180*540 |
Production design | 44000 | |
General factory | 40640 | =1600*25.4 |
Total manufacturing overhead cost | 234880 |
1.using the ABC system, how much total manufacturing overhead cost would ge assigbed to product Y (Round your immediate...
Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Using the ABC system, what percentage of the Machining costs is assigned to...
A. using the abc system, how much total manufacturing overhead cost would be assigned to product Y? B. Using ABC system, how mych total manufacturing overhead cost woykd be assigned to product Z? C.using the plabtwide iverhead rate, what percentage if the total overbead cost is allocated to product Y and product Z? D. Using ABC system, what percebtage if the machining costs is assigned to product Y and product Z? E. what percentage if machine setups cost is assigned...
Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Using the ABC system, what percentage of Machine Setups cost...
12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) 14. Using the ABC system, what percentage of the Product Design cost...
product and role 2 Hound your 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal places.) Product Y Product Z Machining cost 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal places.) Product Y Product z Machine setups cost % 14. Using the ABC system, what...
Required information 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 $ 198,000...
What is the company’s plantwide overhead rate? Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? What is the activity rate for the Machining activity cost pool? What is the activity rate for the Machine Setups activity cost pool? What is the activity rate for the Product Design activity cost pool? What is the activity rate for the General Factory activity cost pool? Using the ABC system, how much total manufacturing...
Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups...
Required information 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 Machining Machine setups Production design General factory Activity Measure Machine-hours Number...
Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Estimated Overhead Expected Activity 11,000 MHs Activity Cost Pool Machining Machine setups Production design...