Homework Answers
| Problem 1 and 2 | |||||
| Cost | |||||
| Cost per setup | $1,046.98 | Total setup Cost | $450,200 | ||
| Number of setups | 430 | ||||
| Cost per setup | $1,046.98 | ||||
| Cost per machine hour | $30 | Machine maint. Cost | $150,000 | ||
| total machine Hours | 5000 | ||||
| Cost per machine hours | $30 | ||||
| Problem 3 and 4 | Product A | Product B | |||
| Set-up Cost | $31,409.30 | $418,790.70 | |||
| Machine Maint. Cost | $60,000 | $90,000 | |||
| Total Indirect Cost: | $91,409.30 | $508,790.70 | |||
| Divide by number of units | 500 | 600 | |||
| Indirect Mfg. cost per unit | $182.82 | $847.98 | |||
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Assignment #3 Candy Corporation is considering the use of activity-based costing. The...
Denard Inc. is considering the use of activity based costing. The following information was gathered: Activity...
Denard Inc. is considering the use of activity based costing. The following information was gathered: Activity Overhead Alloc. Base Set up 115.000 #set ups Machine maintenance $ 150,000 # mach hrs Product A Product B Direct labor hours 5,000 5,500 Number of setups 166,000 180,000 Number of machine hours 4,000 2,400 units produced 640 400 If Denard Inc. uses activity based costing, what is the indirect cost per unit (overhead per unit) for Product A?
compute the total activity based costs allocated to product a and then compute the cost per...
compute the total activity based costs allocated to product a
and then compute the cost per unit for product a. finally compute
the total activity based costs allocated to product b then compute
the cost per unit for product b
Daly Corp. is considering the use of activity-based costing. The following information is provided for the production of two product lines: (Cick the icon to view the information.) Daily plans to produce 200 units of Product A and 250 units...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Finishing Dement Department Center Maintenance 550.000 10000 Machine hours handing 90,000 45.000 Materal moves Machine 200.000 15.000 chines Inspections M The following activity predictions were also made for the years Fabrication Finishing Department Department Machine hours Material moves Machine Setups 350 5.00 It is assumed that the cost per unit of activity for a given activity does not...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $65,000 30,000 70,000 $55,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours 165,000 $100,000 The following activity predictions were also made for the year Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Finishing Department Department Fabrication Cost Driver $ 30,000 15,000 Machine hours Maintenance Materials handling 22,500 Material moves 45,000 Machine 7,500 Machine setups 105,000 Inspections 37,500 Inspection hours $180,000 $82,500 Total The following activity predictions were also made for the year: Finishing Fabrication Department Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 25 Inspection hours 500...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools: Maintenance Materials handling Machine setups Inspections Fabrication Department Finishing Department Cost Driver $35,000 $25,000 Machine hours 30,000 15,000 Material moves 70,000 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 10,000 5,000 3,000 1,500 700 1,000 50 It...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $35,000 30,000 70,000 $25,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Subscriptions O Noah Questo 2 Not complete Marked out of 51.00 Flat question Activity-Based Costing Slack...
Subscriptions O Noah Questo 2 Not complete Marked out of 51.00 Flat question Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Cost Driver Maintenance 520.000 $10.000 Machine hours Material handling 30,000 15.000 Material moves Machine setup 70,000 5.000 Machine setups Inspections 25.000 Inspection hours $120,000 $55,000 The following activity predictions were also made for the year Fabrication Department Finishing Department Machine hours 10000...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Cost Driver Maintenance $ 54,000 27,000 Machine hours Materials handling 81,000 40,500 Material moves Machine 189,000 13,500 Machine setups Inspections - 67,500 Inspection hours Total $ 324,000 $ 148,500 The following activity predictions were also made for the year: Fabrication Department Finishing Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 25...
Total Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019...
Total Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Finishing Department Department Cost Driver Maintenance $ 24,000 12,000 Machine hours Materials handling 36,000 18,000 Material moves Machine 84,000 6,000 Machine setups Inspections 30,000 Inspection hours $144,000 $66,000 The following activity predictions were also made for the year: Fabrication Finishing Department Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 Inspection hours 500 It...
Denard Inc. is considering the use of activity based costing. The following information was gathered: Activity Overhead Alloc. Base Set up 115.000 #set ups Machine maintenance $ 150,000 # mach hrs Product A Product B Direct labor hours 5,000 5,500 Number of setups 166,000 180,000 Number of machine hours 4,000 2,400 units produced 640 400 If Denard Inc. uses activity based costing, what is the indirect cost per unit (overhead per unit) for Product A?
compute the total activity based costs allocated to product a
and then compute the cost per unit for product a. finally compute
the total activity based costs allocated to product b then compute
the cost per unit for product b
Daly Corp. is considering the use of activity-based costing. The following information is provided for the production of two product lines: (Cick the icon to view the information.) Daily plans to produce 200 units of Product A and 250 units...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Finishing Dement Department Center Maintenance 550.000 10000 Machine hours handing 90,000 45.000 Materal moves Machine 200.000 15.000 chines Inspections M The following activity predictions were also made for the years Fabrication Finishing Department Department Machine hours Material moves Machine Setups 350 5.00 It is assumed that the cost per unit of activity for a given activity does not...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $65,000 30,000 70,000 $55,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours 165,000 $100,000 The following activity predictions were also made for the year Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Finishing Department Department Fabrication Cost Driver $ 30,000 15,000 Machine hours Maintenance Materials handling 22,500 Material moves 45,000 Machine 7,500 Machine setups 105,000 Inspections 37,500 Inspection hours $180,000 $82,500 Total The following activity predictions were also made for the year: Finishing Fabrication Department Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 25 Inspection hours 500...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools: Maintenance Materials handling Machine setups Inspections Fabrication Department Finishing Department Cost Driver $35,000 $25,000 Machine hours 30,000 15,000 Material moves 70,000 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 10,000 5,000 3,000 1,500 700 1,000 50 It...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools Fabrication Department Finishing Department Cost Driver Maintenance Materials handling Machine setups Inspections $35,000 30,000 70,000 $25,000 Machine hours 15,000 Material moves 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 5,000 1,500 50 1,000 10,000 3,000 700 It...
Subscriptions O Noah Questo 2 Not complete Marked out of 51.00 Flat question Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Cost Driver Maintenance 520.000 $10.000 Machine hours Material handling 30,000 15.000 Material moves Machine setup 70,000 5.000 Machine setups Inspections 25.000 Inspection hours $120,000 $55,000 The following activity predictions were also made for the year Fabrication Department Finishing Department Machine hours 10000...
Total Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Finishing Department Department Cost Driver Maintenance $ 24,000 12,000 Machine hours Materials handling 36,000 18,000 Material moves Machine 84,000 6,000 Machine setups Inspections 30,000 Inspection hours $144,000 $66,000 The following activity predictions were also made for the year: Fabrication Finishing Department Department Machine hours 5,000 2,500 Material moves 1,500 750 Machine setups 350 Inspection hours 500 It...
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