Maritime Marine Company has total estimated factory overhead for the year of $1,028,400, divided into four activities: fabrication, $444,800; assembly, $192,400; setup, $127,200; and inspection, $264,000. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows:
| Fabrication | Assembly | Setup | Inspection | |||||
| Speedboat | 1,000 | dlh | 1,700 | dlh | 40 | setups | 80 | inspections |
| Bass boat | 2,200 | 900 | 80 | 400 | ||||
| 3,200 | dlh | 2,600 | dlh | 120 | setups | 480 | inspections | |
Each product is budgeted for 200 units of production for the year.
a. Determine the activity rates for each activity.
| Fabrication | $ per dlh |
| Assembly | $ per dlh |
| Setup | $ per setup |
| Inspection | $ per inspection |
b. Determine the factory overhead cost per unit for each product, using activity-based costing. If required, round to the nearest cent.
| Speedboat | $ |
| Bass boat | $ |
Maritime Marine Company has total estimated factory overhead for the year of $1,028,400, divided into four...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,028,400, divided into four activities: fabrication, $444,800; assembly, $192,400; setup, $127,200; and inspection, $264,000. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 1,000 dlh 1,700 dlh 40 setups 80 inspections Bass boat 2,200 900 80 400 3,200 dlh 2,600 dlh 120 setups 480 inspections...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $955,700, divided into four activities: fabrication, $390,000; assembly, $192,000; setup, $115,200; and inspection, $258,500. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 1,100 dlh 1,400 dlh 40 setups 120 inspections Bass boat 1,900 1,000 80 350 3,000 dlh 2,400 dlh 120 setups 470 inspections...
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,025,100, divided into four activities: fabrication, $444,000; assembly, $149,100; setup, $162,000; and inspection, $270,000. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 900 dlh 1,400 dlh 60 setups 100 inspections Bass boat 2,100 700 120 350 3,000 dlh 2,100 dlh 180 setups 450 inspections...
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,475,650, divided into four activities: fabrication, $777,000; assembly, $312,000; setup, $210,900; and inspection, $175,750. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 9,250 dlh 2 9,250 dlh 6 7 setups 116 inspections Bass boat 27,750 9,750 488 809 37,000 dlh 39,000 dlh 555 setups 925...
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,381,400, divided into four activities: fabrication, $714,000; assembly, $256,000; setup, $224,400; and inspection, $187,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 8,500 dlh 24,000 dlh 61 setups 106 inspections Bass boat 25,500 8,000 449 7 44 34,000 dih 32,000 dlh 510 setups 850 inspections...
The total factory overhead for Bardot Marine Company is budgeted for the year at $895,850, divided into four activities: fabrication, $396,000; assembly, $155,000; setup, $188,100; and inspection, $156,750. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 8,250 dlh 2 3,250 dlh59 setups 103 inspections Bass boat 24,750 7,750 436 722 33,000 dlh 31,000 dlh 495 setups 825 inspections Each...
takeAssignment/takeAssignment Main doinvoker&takeAssignmentSessionLocator=&inprogressa false G ROW Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $882,600, divided into four activities: fabrication, $411,800; assembly, $174,200; setup, $132,600; and inspection, $164,000. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 900 dih 1.700 dih 30 setups 110 inspections Bass boat 2,000 900 100 300 2,900 din...
Accounting numeric field ry Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $507,200, divided into four activities: fabrication, $192,000; assembly, $80,000; setup, $127,200; and inspection, $108,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication 4,000 dlh 12,000 Speedboat Assembly 12,000 dlh 4,000 Setup 29 setups Inspection 50 inspections 350 Bass boat 211 16,000 dlh 16,000...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $762,000, divided into four activities: fabrication, $312,000; assembly, $120,000; setup, $180,000; and inspection, $150,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 6,000 dlh 18,000 dlh 43 setups 75 inspections Bass boat 18,000 6,000 317 525 24,000 dlh 24,000 dlh...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,496,400, divided into four activities: fabrication, $814,000; assembly, $342,000; setup, $183,150; and inspection, $157,250. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 9,250 dlh 28,500 dlh 67 setups 116 inspections Bass boat 27,750 9,500 488 809 37,000 dlh 38,000 dlh...