Business, 07.06.2020 03:57 gshreya2005
Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit Annual Production Hubs 0.60 18,000 units Sprockets 0.20 55,000 units Additional information about the company follows: A. Hubs require $20 in direct materials per unit, and Sprockets require $18. B. The direct labor wage rate is $13 per hour. C. Hubs are more complex to manufacture than Sprockets and they require special equipment. D. The ABC system has the following activity cost pools. Activity cost pool (Activity measure) Overhead Cost Hubs Sprockets totMachine set up ( Number of set ups) $72000 100 300 400Special processing ( Machine hours) $200000 5000 0 5000General factory (Direct labor hours) $816000 8000 16000 24000Required:
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: 2
Business, 22.06.2019 15:00
Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?
Answers: 2
Business, 22.06.2019 22:40
Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints.b. minimum usable capacity of a particular facility.c. sum of all the organization's inputs.d. average output that can be achieved under ideal conditions.e. maximum output of a system in a given period.
Answers: 1
Business, 23.06.2019 00:00
Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above
Answers: 2
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products fol...
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