Homework Answers
Ans :
| activity based manufacturing cost budget | |||
| Unit level cost | |||
| Direct materials | 120000 | 20000*2*3 | |
| Assembly | 80000 | 20000*0.5*8 | |
| Manufacturing overhead | 60000 | 260000 | 20000*3 |
| Batch level cost | |||
| Set up cost | 200 | 10*20000/1000 | |
| Inspection | 4000 | 4200 | 200*20000/1000 |
| Product level cost | |||
| Product development | 15000 | 15000 | |
| Facility level cost | |||
| Factory administrative | 45000 | 45000 | |
| Budgeted manufacturing cost | 324200 | ||
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eBook Question 1 Partially correct Mark 0.29 out of 1.00 P Flag question Activity-Based Budget Macon...
Highlands Industries has the following budget information available for February: Units manufactured Factory administration Assembly Direct...
Highlands Industries has the following budget information available for February: Units manufactured Factory administration Assembly Direct materials Inspection Manufacturing overhead Product development Setup cost 30,000 $65,000 0.5 hour per unit X $12 2 pounds per unit X $4 $250 per batch of 1,000 units $5 per unit $20,000 $15 per batch of 1,000 units Use activity based costing to prepare a manufacturing cost budget for February. Clearly distinguish between unit, batch, and facility-level costs. Highlandsindustries Activity-Based Manufacturing Cost Budget For...
QUESTION 1 P Flag question Marked out of 25.00 Not yet answere d Traditional Product Costing Versus Activity-Bas...
QUESTION 1 P Flag question Marked out of 25.00 Not yet answere d Traditional Product Costing Versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $252,000, consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $69,000 Setup hours 1,500 Materials handling Number of moves 39,000 300 120,000 Assembly hours Assembly 12,000 Maintenance 24,000 Maintenance hours...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $65,000 30,000 70,000 $55,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours 165,000 $100,000 The following activity predictions were also made for the year Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Subscriptions O Noah Questo 2 Not complete Marked out of 51.00 Flat question Activity-Based Costing Slack...
Subscriptions O Noah Questo 2 Not complete Marked out of 51.00 Flat question Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Cost Driver Maintenance 520.000 $10.000 Machine hours Material handling 30,000 15.000 Material moves Machine setup 70,000 5.000 Machine setups Inspections 25.000 Inspection hours $120,000 $55,000 The following activity predictions were also made for the year Fabrication Department Finishing Department Machine hours 10000...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools: Maintenance Materials handling Machine setups Inspections Fabrication Department Finishing Department Cost Driver $35,000 $25,000 Machine hours 30,000 15,000 Material moves 70,000 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 10,000 5,000 3,000 1,500 700 1,000 50 It...
84,000 Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019...
84,000 Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Finishing Department Department Cost Driver Maintenance $ 24,000 12,000 Machine hours Materials handling 36,000 18,000 Material moves Machine 6,000 Machine setups Inspections 30,000 Inspection hours Total $144,000 $ 66,000 The following activity predictions were also made for the year: Fabrication Finishing Department Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 25 Inspection hours...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $35,000 30,000 70,000 $25,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,028,400, divided...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,028,400, divided into four activities: fabrication, $444,800; assembly, $192,400; setup, $127,200; and inspection, $264,000. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 1,000 dlh 1,700 dlh 40 setups 80 inspections Bass boat 2,200 900 80 400 3,200 dlh 2,600 dlh 120 setups 480 inspections...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $955,700, divided...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $955,700, divided into four activities: fabrication, $390,000; assembly, $192,000; setup, $115,200; and inspection, $258,500. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 1,100 dlh 1,400 dlh 40 setups 120 inspections Bass boat 1,900 1,000 80 350 3,000 dlh 2,400 dlh 120 setups 470 inspections...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,228,500, divided into four activities: fabrication, $660,000; assembly, $288,000; setup, $153,000; and inspection, $127,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 7,500 dlh 24,000 dlh 54 setups 94 inspections Bass boat 22,500 8,000 396 656 30,000 dih 32,000 dlh...
Highlands Industries has the following budget information available for February: Units manufactured Factory administration Assembly Direct materials Inspection Manufacturing overhead Product development Setup cost 30,000 $65,000 0.5 hour per unit X $12 2 pounds per unit X $4 $250 per batch of 1,000 units $5 per unit $20,000 $15 per batch of 1,000 units Use activity based costing to prepare a manufacturing cost budget for February. Clearly distinguish between unit, batch, and facility-level costs. Highlandsindustries Activity-Based Manufacturing Cost Budget For...
QUESTION 1 P Flag question Marked out of 25.00 Not yet answere d Traditional Product Costing Versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $252,000, consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $69,000 Setup hours 1,500 Materials handling Number of moves 39,000 300 120,000 Assembly hours Assembly 12,000 Maintenance 24,000 Maintenance hours...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $65,000 30,000 70,000 $55,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours 165,000 $100,000 The following activity predictions were also made for the year Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Subscriptions O Noah Questo 2 Not complete Marked out of 51.00 Flat question Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Cost Driver Maintenance 520.000 $10.000 Machine hours Material handling 30,000 15.000 Material moves Machine setup 70,000 5.000 Machine setups Inspections 25.000 Inspection hours $120,000 $55,000 The following activity predictions were also made for the year Fabrication Department Finishing Department Machine hours 10000...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools: Maintenance Materials handling Machine setups Inspections Fabrication Department Finishing Department Cost Driver $35,000 $25,000 Machine hours 30,000 15,000 Material moves 70,000 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 10,000 5,000 3,000 1,500 700 1,000 50 It...
84,000 Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Finishing Department Department Cost Driver Maintenance $ 24,000 12,000 Machine hours Materials handling 36,000 18,000 Material moves Machine 6,000 Machine setups Inspections 30,000 Inspection hours Total $144,000 $ 66,000 The following activity predictions were also made for the year: Fabrication Finishing Department Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 25 Inspection hours...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $35,000 30,000 70,000 $25,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,228,500, divided into four activities: fabrication, $660,000; assembly, $288,000; setup, $153,000; and inspection, $127,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 7,500 dlh 24,000 dlh 54 setups 94 inspections Bass boat 22,500 8,000 396 656 30,000 dih 32,000 dlh...
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