Business, 13.03.2020 18:15 galaxyomg661p0edpt
The Mega Construction Company recently switched to activity-based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $40 per machine hour. The cost accountant for the Finishing Department has gathered the following data: Activity Cost Drivers Amount Material handling Tons of material handled $ 60 Machine setups Number of production runs 3,500 Utilities Machine hours 25 Quality control Number of inspections $ 500 During April, Mega purchased and used $125,000 of direct materials at $25 per ton. There were eight (8) production runs using a total of 11,000 machine hours in April. The manager of the Finishing Department needed 12 inspections. Actual overhead costs totaled $900,000 for the month. How much overhead costs were applied to the Work-in-Process Inventory during April using traditional costing
Answers: 1
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Business, 22.06.2019 20:50
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
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Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?
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The Mega Construction Company recently switched to activity-based costing (ABC) from the department...
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