Business, 02.06.2020 10:58 nmoore017

Immen Corporation manufactures two products: Product B82O and Product P99Y. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products B82O and P99Y.
Activity Cost Pool Activity Measure Total Cost Total Activity
Machining Machine-hours $ 330,000 15,000 MHs
Machine setups Number of setups $ 300,000 500 setups
Product design Number of products $ 46,000 2 products
Order size Direct labor-hours $ 330,000 10,000 DLHs
Activity Measure Product B82O Product P99Y
Machine-hours 7,000 8,000
Number of setups 200 300
Number of products 1 1
Direct labor-hour 3,000 7,000
Required:
1. Using the plantwide overhead rate, how much manufacturing overhead cost would be allocated to Product P99Y?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 04:30

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Answers: 1

Answer

Business, 22.06.2019 21:50

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no

Answers: 1

Answer

Business, 23.06.2019 03:00

Why is the type of product sold in an industry an important characteristic? a firm that can differentiate its product from that of rivals may be able to charge a higher price for a superior product. a firm that sells intangible goods is usually considered a monopoly. service industries cannot differentiate their products, which makes it easy for new firms to enter the industry. expensive products are usually sold by perfectly competitive firms.

Answers: 2

Answer

Business, 23.06.2019 18:00

Sunglasses are just as protective as safety glasses?

Answers: 1

Answer

You know the right answer?

Immen Corporation manufactures two products: Product B82O and Product P99Y. The company uses a plant...

Questions