Business, 06.11.2019 05:31 trevorhenyan51

Fogerty company makes two products, titanium hubs and sprockets. data regarding the two products follow:

direct labor hours per unitannual production

hubs 0.80 units1units

sprockets 0.40 units4 units

additional information about the company follows:
a. hubs require $32 in direct materials per unit, and sprockets require $18.
b. the direct labor wage rate is $15 per hour.
c. hubs are more complex to manufacture than sprockets and they require special processing.
d. the abc system has the following activity cost pools

activity cost pool (activity measure) overhead
costhubssprocketstot
machine set up ( number of set ups)$72000100300400
special processing ( machine hours)$255000
general factory (direct labor hours)$81600080001600024000

required:
1. compute the activity rate(i. e predetermined overhead state) for each activity cost pool.
2. determine the unit cost of each product according to the abc system.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 09:40

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?

Answers: 2

Answer

Business, 22.06.2019 14:30

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Answers: 1

Answer

Business, 22.06.2019 19:40

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.

Answers: 3

Answer

Business, 22.06.2019 21:00

Adecision is made at the margin when each alternative considers

Answers: 3

Answer

You know the right answer?

Fogerty company makes two products, titanium hubs and sprockets. data regarding the two products fol...

Questions