Homework Answers
Option (c) is correct
Activity based costing system is most accurate for overhead cost allocation and most likely to allow managers the ability to make better pricing decisions.
Under activity based costing, costs are allocated based on the activities performed by the departments or cost centres. So it will result in correct allocation of the overhead to those centres or departments.
please get back to me asap! A computer manufacturer's spending on testing its computers before shipping...
please get back to me asap!
A computer manufacturer's spending on testing its computers before shipping them to customers helps reduce which of the following costs? O A. Appraisal costs B. Internal failure costs OC. External failure costs OD. Prevention costs The information provided by an activity-based costing system can help with what type of decisions by an automobile manufacturer? O A. Pricing OB. Cost cutting O C. Evaluating manager performance OD. All of the listed choices are correct The...
please do both required ones Ch. 4 Homework i Saved Help Save & Exit Submit Check...
please do both required ones
Ch. 4 Homework i Saved Help Save & Exit Submit Check my work Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go-karts: Deluxe and Basic. 0.85 points Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2...
Ch 2 HW i Saved Help Save & Exit Submit Check my work 3 White Company...
Ch 2 HW i Saved Help Save & Exit Submit Check my work 3 White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: 1 points Department Cutting Finishing 6,200 72,000 60,100 3,000 $ 370,000 $...
1. Which costing system is most likely to produce the least cost distortion? a. Departmental overhead...
1. Which costing system is most likely to produce the least cost distortion? a. Departmental overhead allocation rates b. Plantwide overhead rate c. Activity-based costing d. Traditional costing system 2. The cost of reworking defective products before shipping to customers would be classified as which type of quality costs? a. External failure cost b. Internal failure cost c. Prevention cost d. Appraisal cost 3. A window manufacturer has a commitment to lean production. What is not a benefit from adopting...
Saved Help Save & Exit Submit 10 Check my work 2 Mason Company has two manufacturing...
Saved Help Save & Exit Submit 10 Check my work 2 Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B Estimated Data Kanufacturing overhead Direct labor hours Machine hours points Machining Assembly Total $12,500,000 625,000 $13, 125,000 525,000 520,000 25,000 500,000 500,000 20,000 eBook...
Tk #5 Saved Help Save & Exit Submit Check my work Snowden Industries produces two electronic...
Tk #5 Saved Help Save & Exit Submit Check my work Snowden Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Activity Pools Repair and maintenance on assembly machine Programming cost Software inspections Product testing Total overhead cost Cost Pool Total...
Ch. 2: Homework i Saved Help Save & Exit Submit Check my work 5 Delph Company...
Ch. 2: Homework i Saved Help Save & Exit Submit Check my work 5 Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: Part 2 of 2 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding 30,000 $ 790,000 $ 5.20 Fabrication 40,000 $ 200,000 $ 5.20 Total 70,000 $ 990,000 4 points During the year, the company had no...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing "V06000 75,000 hrs - Assembly...
Chapter 2 Homework Saved Help Save & Exit Submit Check my work Exercise 2-12 Computing Predetermined...
Chapter 2 Homework Saved Help Save & Exit Submit Check my work Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] 7.5 points Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: eBook Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 155,000 $ 657,000 $ 4.60 Ask Required: 1. Compute...
Ch 2 Foundational 15 Saved Help Save & Exit Sub 3 Check my work Sweeten Company...
Ch 2 Foundational 15 Saved Help Save & Exit Sub 3 Check my work Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March):...
please get back to me asap!
A computer manufacturer's spending on testing its computers before shipping them to customers helps reduce which of the following costs? O A. Appraisal costs B. Internal failure costs OC. External failure costs OD. Prevention costs The information provided by an activity-based costing system can help with what type of decisions by an automobile manufacturer? O A. Pricing OB. Cost cutting O C. Evaluating manager performance OD. All of the listed choices are correct The...
please do both required ones
Ch. 4 Homework i Saved Help Save & Exit Submit Check my work Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go-karts: Deluxe and Basic. 0.85 points Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2...
Ch 2 HW i Saved Help Save & Exit Submit Check my work 3 White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: 1 points Department Cutting Finishing 6,200 72,000 60,100 3,000 $ 370,000 $...
Saved Help Save & Exit Submit 10 Check my work 2 Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B Estimated Data Kanufacturing overhead Direct labor hours Machine hours points Machining Assembly Total $12,500,000 625,000 $13, 125,000 525,000 520,000 25,000 500,000 500,000 20,000 eBook...
Tk #5 Saved Help Save & Exit Submit Check my work Snowden Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Activity Pools Repair and maintenance on assembly machine Programming cost Software inspections Product testing Total overhead cost Cost Pool Total...
Ch. 2: Homework i Saved Help Save & Exit Submit Check my work 5 Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: Part 2 of 2 Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour Molding 30,000 $ 790,000 $ 5.20 Fabrication 40,000 $ 200,000 $ 5.20 Total 70,000 $ 990,000 4 points During the year, the company had no...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing "V06000 75,000 hrs - Assembly...
Chapter 2 Homework Saved Help Save & Exit Submit Check my work Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] 7.5 points Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: eBook Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 155,000 $ 657,000 $ 4.60 Ask Required: 1. Compute...
Ch 2 Foundational 15 Saved Help Save & Exit Sub 3 Check my work Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March):...
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