South Beach Industries reports the following information about resources. At the beginning of the year, South Beach estimated it would spend $180,000 for materials, $42,000 for purchasing, $35,000 for setups, and $36,000 for repairs.
| Cost Driver | |||||
| Rate | Volume | ||||
| Resources used | |||||
| Materials | $ | 10 | /lb | 18,350 | lbs |
| Purchasing | $ | 250 | /purchase order | 160 | purchase orders |
| Setups | $ | 450 | /setup | 80 | setups |
| Repairs | $ | 36 | /job | 700 | jobs |
| Resources supplied | |||||
| Materials | $ | 192,700 | |||
| Purchasing | $ | 44,300 | |||
| Setups | $ | 37,500 | |||
| Repairs | $ | 30,000 | |||
Compute unused resource capacity for repairs for South Beach.
$4,800.
$10,800.
$6,000.
$3,600.
| Unused resource capacity for repairs for South Beach | (Resources Supplied - Resource used) | ||
| (30000 - 36000) | |||
| $6,000 | |||
South Beach Industries reports the following information about resources. At the beginning of the year, South...
South Beach Industries reports the following information about resources. At the beginning of the year, South Beach estimated it would spend $186,200 for materials, $57,000 for purchasing, $50,000 for setups, and $51,000 for repairs. Cost Driver Rate Volume $ $ 10/1b 260/purchase order 420/setup 38/Job 19,100 lbs 160 purchase orders 85 setups 600 jobs Resources used Materials Purchasing Setups Repairs Resources supplied Materials Purchasing Setups Repairs $ 199,900 $ 46,450 $ 36,950 $ 36,100 Compute unused resource capacity for materials...
South Beach Industries reports the following information about resources. At the beginning of the year, South Beach estimated it would spend $219,800 for materials, $46,000 for purchasing, $39,000 for setups, and $40,000 for repairs. Cost Driver Rate Volume Resources used: Materials $ 12 /lb 18,550 lbs Purchasing $ 260 /purchase order 180 purchase orders Setups $ 440 /setup 85 setups Repairs $ 38 /Job 650 jobs Resources supplied: Materials $ 231,900 Purchasing $ 51,500 Setups $ 39,100 Repairs $ 30,300...
Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume $ 375 per run 350 runs 45 per page 1, wee pages Resources used Setups Clerical Resources supplied Setups Clerical $135,000 60,000 Sales revenue totaled $240,000. Required: a. Prepare a traditional income statement b. Prepare an activity based income statement. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a traditional Income statement. Traditional Income Statement Sales revenue Setup...
Berkeley Bank reports the following information about resources in two functions. Cost Driver Rate Cost Driver Volume Resources used Process transactions Process accounts Resources supplied Process transactions Process accounts $ $ 0.01 per 9.0 transaction 25€ per account 40, eee, eee transactions 958 accounts $625, eee $300,eee Required: Compute unused resource capacity at Berkeley Bank, Unused Resource Capacity Process transactions Process accounts
Leidenheimer Corporation manufactures small airplane propellers. Sales for year 2 totaled $1,690,000. Information regarding resources for the month follows: Resources Used Resources Supplied 74,000 101,000 110,000 73,000 50,000 200,000 330,000 200,000 166,000 43,000 143,000 Parts management $ 64,000 101,000 91,000 49,000 40,000 135,000 330,000 120,000 139,000 25,000 107,000 Energy Quality inspections Long-term labor Short-term labor Setups Materials Depreciation Marketing Customer service Administrative In addition, Leidenheimer spent $45,000 on 50 engineering changes with a cost-driver rate of $900 and $57,600 on...
Cost Behavior, Resource Usage, Excess Capacity Rolertyme Company manufactures roller skates. With the exception of the rollers, all parts of the skates are produced internally. Neeta Booth, president of Rolertyme, has decided to make the rollers instead of buying them from external suppliers. The company needs 100,000 sets per year (currently it pays $1.90 per set of rollers). The rollers can be produced using an available area within the plant. However, equipment for production of the rollers would need to...
Cost Behavior, Resource Usage, Excess Capacity Rolertyme Company manufactures roller skates. With the exception of the rollers, all parts of the skates are produced internally. Neeta Booth, president of Rolertyme, has decided to make the rollers instead of buying them from external suppliers. The company needs 100,000 sets per year (currently it pays $1.90 per set of rollers). The rollers can be produced using an available area within the plant. However, equipment for production of the rollers would need to...
Cost Behavior, Resource Usage, Excess Capacity Rolertyme Company manufactures roller skates. With the exception of the rollers, all parts of the skates are produced internally. Neeta Booth, president of Rolertyme, has decided to make the rollers instead of buying them from external suppliers. The company needs 100,000 sets per year (currently it pays $1.90 per set of rollers). The rollers can be produced using an available area within the plant. However, equipment for production of the rollers would need to...