Hakara company has been using direct labor costs as the basis for assigning overhead to its many products. under this allocation system, product a has been assigned overhead of $10.80 per unit, while product b has been assigned $3.60 per unit. management feels that an abc system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information:
cost pools activity costs cost driver driver consumption
machine setup $ 360,000
setup hours 4,000
materials handling 100,000
pounds of materials 20,000
electric power 40,000
kilowatt-hours 40,000
the following cost information pertains to the production of a and b, just two of its many products:
a b
number of units produced 4,000 20,000
direct materials cost $ 42,000 $ 54,000
direct labor cost $ 24,000 $ 40,000
number of setup hours 400 200
pounds of materials used 1,000 3,000
kilowatt-hours 2,000 4,000
required: 1. use activity-based costing to determine a unit cost for each product.
Answers: 3
Business, 22.06.2019 06:30
Double corporation acquired all of the common stock of simple company for
Answers: 2
Business, 22.06.2019 07:40
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
Business, 22.06.2019 19:50
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
Hakara company has been using direct labor costs as the basis for assigning overhead to its many pro...
Physics, 02.07.2021 23:40
Mathematics, 02.07.2021 23:40
Mathematics, 02.07.2021 23:40
English, 02.07.2021 23:40
Mathematics, 02.07.2021 23:40
Mathematics, 02.07.2021 23:40
Mathematics, 02.07.2021 23:40
Mathematics, 02.07.2021 23:40
Computers and Technology, 02.07.2021 23:40
Mathematics, 02.07.2021 23:50
Mathematics, 02.07.2021 23:50
SAT, 02.07.2021 23:50
Health, 02.07.2021 23:50