Business, 19.03.2021 15:50 bluevibe

Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity Machining Machine-hours $ 216,700 11,000 MHs Machine setups Number of setups $ 79,900 170 setups Product design Number of products $ 81,000 2 products General factory Direct labor-hours $ 296,400 13,200 DLHs Activity Measure Product Y Product Z Machine-hours 6,700 4,300 Number of setups 60 110 Number of products 1 1 Direct labor-hours 7,700 5,500 a. What is the company’s plantwide overhead rate? (Round your answer to 2 decimal places.)
Predetermined overhead rate: per DLH
b. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)
Manufacturing overhead allocated: Product Y: Product Z:
c. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)
Activity rate: per MH
d. What is the activity rate for the Machine Setups activity cost pool?
Activity rate: per setup
e. What is the activity rate for the Product Design activity cost pool?
Activity rate: per product
f. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.)
Activity rate: per DLH
g. Which of the four activities is a batch-level activity?
(a) Machining activity
(b) General factory activity
(c) Product design activity
(d) Machine setups activity
h. Which of the four activities is a product-level activity?
(a) Product design activity
(b) General factory activity
(c) Machining activity
(e) Machine setups activity
i. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.)
Total manufacturing overhead cost:
j. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.)
Total manufacturing overhead cost:
k. 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 "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
Manufacturing overhead: Product Y:% Product Z: %
l. 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 "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
Matching cost: Product Y:% Product Z: %
m. 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 "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
Machine setups cost: Product Y:% Product Z: %
n. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)
Product design cost: Product Y:% Product Z: %
o. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
General factory cost: Product Y:% Product Z: %

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 08:00, browneyedbaby20

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

Answers: 3

continue

Business, 22.06.2019 12:50, HarleyQuinn117

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:

Answers: 2

continue

Business, 22.06.2019 17:00, justyne2004

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Answers: 1

continue

Business, 22.06.2019 19:50, crzyemo865

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1

Answers: 3

continue

You know the right answer?

Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity Machining Machine-hour...