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y Saudents Cn 17/ thru 20 Help Seve&Exit Required informetion (The following information applies to the...


y Saudents Cn 17/ thru 20 Help Seve&Exit Required informetion (The following information applies to the questions displayed b
Which one of the following statements is not true? Multiple Choice Total fixed costs remain the same regardless of volume wit


Required information [The following information applies to the questions displayed below] Angle Max Industries produces a pro
Required information [The following information applies to the questions displayed below Angle Max Industries produces a prod
Which one of the following statements is not true? Multiple Choice Total fixed costs remain the same regardless of volume wit
y Saudents Cn 17/ thru 20 Help Seve&Exit Required informetion (The following information applies to the questions displayed below) Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below Finliklng 341,00 OLN ,sse $437,10 Assenbly 110,00 10,00 $310,000 Direct laber hours i Hachine hour s Overhead costs Assume that the Assembly Degpartment allocates overhead using a plantwide overhead rate based on machne hours How much total overhead wbe assigned to a product that requires 2 direct labor hour and 260 machine hours in the Assembly Department, and 3.00 direct labor hours and 06 machine hours in the Finishing Department? Mutple Choice $6 20 Sn90 $640
Which one of the following statements is not true? Multiple Choice Total fixed costs remain the same regardless of volume within the relevant range O Fixed costs per unit increase as the volume decreases. Variable costs per unit remain the same regardless of the volume. Total variable costs change with volume. Total variable costs decrease as the volume increases.
Required information [The following information applies to the questions displayed below] Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. Assembly 110,000 DLH 310,000 MH $310,000 Finishing 141,000 DLH 63,550 MH $437,100 Direct labor hours Machine hours Overhead costs Assume that the Assembly Department allocates overhead using a plantwide overhead rate based on machine hours. How much total c 2.60 machine hours in the Assembly Department, and 3.00 direct labor hours and 0.6 machine hours in the Finishing Department? Multiple Choice $9.80 $6.20
Required information [The following information applies to the questions displayed below Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below inishing 141,000 DLH 63.550 $437,100 Assembly 110,000 DLH 310,000 $310,000 Direct labor hours Machine hours Overhead costs Assume that the Assembly Department allocates overhead using a plantwide overhead rate based on machine hours. How much total overhead will be assigned to a product that requires 2 dierect labor hour and 260 machine hours in the Assembly Department, and 3.00 direct labor hours and 06 machine hours in the Finishing Department? Multiple Choice $9.80 $620 S1.90 $6.40 O
Which one of the following statements is not true? Multiple Choice Total fixed costs remain the same regardless of volume within the relevant renge Fixed costs per unit increase as the volume decreases Variable costs per unit remain the same regardless of the volume. Total variable costs change with volume. Total variable costs decrease as the volume increases <Prew Type here to search
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ReportAnswer #1
Overheads cost Machine hours
Assembly $             310,000                310,000
Finishing $             437,100                  63,550
Total $             747,100                373,550
Calculation of Overhead cost per machine hour
Total Overheads $             747,100
Total Machine hours                 373,550
Overhead cost per machine hour (747100/373550) $                          2
Calculation of total overhead cost assigned to a product that requires 2.6 machine hours in assembly and 0.6 machine hour in finishing department
Particulars Machines hours required per unit Overhead cost per machine hour Machine Hours * Overhead cost per machine hour
Assembly 2.6 $                  2.00 $       5.20
Finishing 0.6 $                  2.00 $       1.20
Total $       6.40
Therefore the right answer is option (d) $ 6.4

========================

Answer to question 2:

the right answer is option (e) Total variable costs decreases as the volume increases.

Explanation: Total variable costs will be directly proportional to volume i.e., if Volume increases, variable costs increases and if volume decreases, variable costs decreases. In the given scenario, it is mentioned that Variable costs decreases as the volume increases which is incorrect.

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