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ection 1 .) An activity that has a direct cause-effect relationship with the resources consumed is...
(6pts) 7) To find the largest value in a cell range, use the function. NOL meu...
(6pts) 7) To find the largest value in a cell range, use the function. NOL meu Section 1 1) An activity that has a direct cause effect relationship with the resources consumed is (1 pts) a(n) cost driver overhead rate. 0 cost pool product activity. 2) Just-in-time strives to eliminate inventories by using a pull approach. (1 pts) True 3) For the nubby tires, the company has 400 requisitions. 200 setups, and 200 inspections. The smooth tires require 600 requisitions....
An activity that has a direct cause-effect relationship with the resources consumed is a(n) cost pool....
An activity that has a direct cause-effect relationship with the
resources consumed is a(n)
cost pool.
cost driver.
overhead rate.
product activity.
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Section 4: Ortiz Manufacturing has five activity cost pools and two products (a budget tape vacuum...
Section 4: Ortiz Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Cost Drivers by Product Activity Cost Pool Cost Driver Est. Overhead Budget Deluxe Ordering and Receiving Orders $ 130,000 600 Machine Setup Setups 297,000 500 400 Machining Machine hours 1,000,000 150,000 100,000 Assembly Parts 1,600,000 1,200,000 800,000 Inspection Inspections 300,000 550 450 400 Instructions Compute the overhead cost per unit for each product Production is...
Search AutoSave OP H File Home U B Insert Page Layout ExcelTemplateAssignment_ChO4 (5) - Excel Formulas...
Search AutoSave OP H File Home U B Insert Page Layout ExcelTemplateAssignment_ChO4 (5) - Excel Formulas Data Review View Help DYMO Label QuickBooks A1 1 X fo E4-9 Compute overhead rates and assign overhead using ABC LA B C D E F G H I K LL 1 E4-9 Compute overhead rates and assign overhead using ABC 2 Alr United, Inc, manufactures two products: missile range Instruments and space pressure gaugos. During April 3 50 range Instruments and 300 pressure...
New Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products...
New Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Compute the overhead cost per unit for each product....
Remaining Time: 29 minutes, 52 seconds. Question Completion Status: QUESTION 1 Smith Phine, Inc. produces running...
Remaining Time: 29 minutes, 52 seconds. Question Completion Status: QUESTION 1 Smith Phine, Inc. produces running shoes, (1) Standard and (2)ultra During October, the companry experienced above normall production Specfically, 800 pairs of standard shoes were produced, and 200 pairs of ultra shoes were produced. The overhead cost is estimated to be $134,250 A breakdown of the overhead costs reveals the following activiies TOTAL COST 1. Materials handling 2 Equipment setup 3 Inspections Number of requisitions Number of setups Number...
1. 1000 points value Fellar Corp. has identified the following information Activity cost pools Materials handling...
1. 1000 points value Fellar Corp. has identified the following information Activity cost pools Materials handling Machine maintenance $60,000 51,750 Cost drivers Number of material moves Number of machine hours 960 75,000 1. Calculate the activity rate for each cost pool. (Round your answers to 2 decimal places.) Activity Rate Material Handling per Material Move Machine Maintenance per Machine Hour 2. Delermine the amount of overhead assigned to Fellar's producls if they have theolowing activity demands: (Round your intermediate calculations...
Home Insert A Page Layout B С D G H Cause-and-Effect Relationship Between Allocation Base and...
Home Insert A Page Layout B С D G H Cause-and-Effect Relationship Between Allocation Base and Activity Cost Total Standard Job Special Job 400 200 $ 600 $ 750 $ 100 $ 125 $ 90 $ 100 10 10 $ 75,000 Indirect costs of operating printing machines increase with printing machine hours 7 1 2 Number of printing jobs 3 Price per job 4 Cost of supplies per job 5 Direct labor costs per job 6 Printing machine-hours per job...
AutoSave OB R File Home Insert U Page Layout E xcelTemplateAssignment_Ch04 (5) - Excel Search Formulas...
AutoSave OB R File Home Insert U Page Layout E xcelTemplateAssignment_Ch04 (5) - Excel Search Formulas Data Review View HelpDYMO Label QuickBooks G X V 04-4 - Assign overhead using traditional costing and ABC A B C D E F 1 E4-4 - Assign overhead using traditional costing and ABC 2 Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to 3 assign to each product line, the controller, Robert Hermann, has developed...
(6pts) 7) To find the largest value in a cell range, use the function. NOL meu Section 1 1) An activity that has a direct cause effect relationship with the resources consumed is (1 pts) a(n) cost driver overhead rate. 0 cost pool product activity. 2) Just-in-time strives to eliminate inventories by using a pull approach. (1 pts) True 3) For the nubby tires, the company has 400 requisitions. 200 setups, and 200 inspections. The smooth tires require 600 requisitions....
An activity that has a direct cause-effect relationship with the
resources consumed is a(n)
cost pool.
cost driver.
overhead rate.
product activity.
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Section 4: Ortiz Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Cost Drivers by Product Activity Cost Pool Cost Driver Est. Overhead Budget Deluxe Ordering and Receiving Orders $ 130,000 600 Machine Setup Setups 297,000 500 400 Machining Machine hours 1,000,000 150,000 100,000 Assembly Parts 1,600,000 1,200,000 800,000 Inspection Inspections 300,000 550 450 400 Instructions Compute the overhead cost per unit for each product Production is...
Search AutoSave OP H File Home U B Insert Page Layout ExcelTemplateAssignment_ChO4 (5) - Excel Formulas Data Review View Help DYMO Label QuickBooks A1 1 X fo E4-9 Compute overhead rates and assign overhead using ABC LA B C D E F G H I K LL 1 E4-9 Compute overhead rates and assign overhead using ABC 2 Alr United, Inc, manufactures two products: missile range Instruments and space pressure gaugos. During April 3 50 range Instruments and 300 pressure...
New Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Compute the overhead cost per unit for each product....
Remaining Time: 29 minutes, 52 seconds. Question Completion Status: QUESTION 1 Smith Phine, Inc. produces running shoes, (1) Standard and (2)ultra During October, the companry experienced above normall production Specfically, 800 pairs of standard shoes were produced, and 200 pairs of ultra shoes were produced. The overhead cost is estimated to be $134,250 A breakdown of the overhead costs reveals the following activiies TOTAL COST 1. Materials handling 2 Equipment setup 3 Inspections Number of requisitions Number of setups Number...
1. 1000 points value Fellar Corp. has identified the following information Activity cost pools Materials handling Machine maintenance $60,000 51,750 Cost drivers Number of material moves Number of machine hours 960 75,000 1. Calculate the activity rate for each cost pool. (Round your answers to 2 decimal places.) Activity Rate Material Handling per Material Move Machine Maintenance per Machine Hour 2. Delermine the amount of overhead assigned to Fellar's producls if they have theolowing activity demands: (Round your intermediate calculations...
Home Insert A Page Layout B С D G H Cause-and-Effect Relationship Between Allocation Base and Activity Cost Total Standard Job Special Job 400 200 $ 600 $ 750 $ 100 $ 125 $ 90 $ 100 10 10 $ 75,000 Indirect costs of operating printing machines increase with printing machine hours 7 1 2 Number of printing jobs 3 Price per job 4 Cost of supplies per job 5 Direct labor costs per job 6 Printing machine-hours per job...
AutoSave OB R File Home Insert U Page Layout E xcelTemplateAssignment_Ch04 (5) - Excel Search Formulas Data Review View HelpDYMO Label QuickBooks G X V 04-4 - Assign overhead using traditional costing and ABC A B C D E F 1 E4-4 - Assign overhead using traditional costing and ABC 2 Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to 3 assign to each product line, the controller, Robert Hermann, has developed...
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