Computers and Technology, 14.02.2020 19:55 sarahidan
Several years after reengineering its production process, Biltmore Corporation hired a new controller, Rachael Johnson. She developed an ABC system very similar to the one used by Biltmore's chief rival, Westriver. Part of the reason Johnson developed the ABC system was because Biltmore's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, Biltmore had used a plantwide overhead rate based on direct labor hours that was developed years ago.
For the upcoming year, Biltmore's budgeted ABC manufacturing overhead allocation rates are as follows:
Activity Allocation Base Activity Cost Allocation Rate
Materials handling Number of parts $ 3.84 per part
Machine setup . Number of setups $330.00 per setup
Insertion of parts Number of parts $ 30.00 per part
Finishing Finishing direct labor hours $ 54.00 per hour
The number of parts is now a feasible allocation base because Biltmore recently installed a plantwide computer system. Biltmore produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows:
Standard Deluxe
Parts per wheel . 6.0 8.0
Setups per 1,000 wheels . 20.0 20.0
Finishing direct labor hours per wheel 1.2 3.3
Total direct labor hours per wheel 2.0 3.3
The company's managers expect to produce 1,000 units of each model during the year.
QUESTIONS
1.ı Compute the total budgeted manu facturing overhead cost for the upcoming year.
2.ı Compute the manufacturing overhead cost per wheel of each model using ABC.
3.ı ComputeBiltmore' rate. Usethisrateto determine the manufacturing overhead cost per wheel under the traditional system.
Answers: 2
Computers and Technology, 21.06.2019 17:10, jasoncarter
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Computers and Technology, 22.06.2019 22:00, delawdermia27
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. the highest speed measured was 78.1 mbps. the complete list of 50 data speeds has a mean of x overbarequals16.11 mbps and a standard deviation of sequals18.65 mbps. a. what is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. how many standard deviations is that [the difference found in part (a)]? c. convert the carrier's highest data speed to a z score. d. if we consider data speeds that convert to z scores between minus2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? a. the difference is nothing mbps.
Answers: 3
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