A factory makes many parts, but the management is particularly interested in 2 parts. Using the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A factory makes many parts, but the management is particularly interested in 2 parts. Using the information below, what is the total fully allocated $ per unit for each of the 2 parts? [Note: some of the data in the table may not be used in your analysis] Parts 12351 $ 445332 $ Total (all parts) Overhead Material $/Unit Labor $/unit Sq footage Machine Hours Quantity produced 8.09 $ 5.78 $ Overhead Rent Maint Custodial Electr Gas 6.52 2.34 Facility $ 20,000.00 $ 500.00 $ 3,000.00 $4,000.00 $ 2,300.00 2300 5600 20000 460 1200 6300 1400 590 8700 A factory makes many parts, but the management is particularly interested in 2 parts. Using the information below, what is the total fully allocated $ per unit for each of the 2 parts? [Note: some of the data in the table may not be used in your analysis] Parts 12351 $ 445332 $ Total (all parts) Overhead Material $/Unit Labor $/unit Sq footage Machine Hours Quantity produced 8.09 $ 5.78 $ Overhead Rent Maint Custodial Electr Gas 6.52 2.34 Facility $ 20,000.00 $ 500.00 $ 3,000.00 $4,000.00 $ 2,300.00 2300 5600 20000 460 1200 6300 1400 590 8700
Expert Answer:
Answer rating: 100% (QA)
Calculate the overhead absorption rate OAR as follows OAR Total overhead Basis of ab... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
Students also viewed these accounting questions
-
The total factory overhead for Bardot Marine Company is budgeted for the year at $ 600,000 divided into two departments: Fabrication, $ 420,000, and Assembly, $ 180,000. Bardot Marine manufactures...
-
An annuity pays $10 per year for 51 years. What is the future value (FV) of this annuity at the end of that 51 years given that the discount rate is 8%? A. $8,689 41 OB. $3,724.03 OC. $7,448.06 OD....
-
Question 3: (a) A GMPE predicts a median peak horizontal acceleration of 0.4 g. If the standard deviation in In units is 0.5, what is the 84th percentile estimate for the peak horizontal...
-
Consider the following function. def f(x): a = [] while x > 0: a.append(x) f(x-1) A new object of type list is created for each recursive invocation of f. True or False
-
A delivery truck travels 18 block north, 10 block east, and 16 blocks south. What is its final displacement from the origin? Assume the blocks are equal length.
-
During a flyby of the earth, the velocity of a spacecraft is 6.5 mi/s as it reaches its minimum altitude of 620 mi above the surface at point O. At point B the spacecraft is observed to have an...
-
Search popular business magazines (Business Week, Fortune, Forbes) for an article that describes a dysfunctional behavior resulting from a poorly designed manager ial reporting and performance...
-
Addison Corporation is currently going through a Chapter 11 bankruptcy. The company has the following account balances for the current year. Prepare an income statement for this organization. The...
-
Kilmer Company has demand for its only product that exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the...
-
6.2. Data has been collected from a chemical reactor. The inlet concentration was the only input variable that changed when the data was collected. The input and output data is given in Table Q6.2....
-
At a bakery, one customer pays $5.67 for 3 bagels, and 4 muffins. Another customer pays $6.70 for 5 bagels and 3 muffins. Required: Which system of equations can be used to determine the cost x (in...
-
Finco Investment Corporation must determine investment strategy for the firm during the next three years. Currently (time 0), $100,000 is available for investment. Investments A, B, C, D, and E are...
-
(a) Figure P8-2 shows the cam and follower. Using graphical methods, find and sketch the equivalent four-bar linkage for this position of the cam and follower. follower arm 3 cam 2 002 Figure P8-2:...
-
SoccerCo sells soccer balls to soccer leagues and was recently approached by two new teams, the Bears and the Lions. Uncertain how many soccer balls it would require, the Bears' team manager signed a...
-
Consider Moustafa's case study on Egypt. How does judicialization in authoritarian settings differ from judicialization in liberal democracies? In your answer: First address why it is puzzling to see...
-
.. Consider the following information about Truly Good Coffee, Inc.: . Use the information in the table to find the following: a. The company's book value. b. Its book value per share. c. The stock's...
-
Beginning Direct Materials $ 6,000 Ending Direct Materials 9,000 Beginning Work-in-Process Inventory 12,000 Ending Work-in-Process Inventory 17,000 Beginning Finished Goods Inventory 3,000 Ending...
-
Propose a reasonable mechanism for the following reaction. OH
-
The financial statements at the end of Wolverine Realtys first month of operations are as follows: Instructions By analyzing the interrelationships among the four financial statements, determine the...
-
The following situations describe decision scenarios that could use managerial accounting information. 1. The manager of Taco Castle wishes to determine the price to charge for various lunch plates....
-
The management of Dominican Sugar Company is considering whether to process further raw sugar into refined sugar. Refined sugar can be sold for $ 2.20 per pound, and raw sugar can be sold without...
-
Do you feel that there are any ethical issues involved when management decides to extend the depreciable life of its long-lived assets in order to increase the firms current net income to a level...
-
Omar Corporation paid \($200,000\) for a tract of land that had an old gas station on it. The gas station was demolished at a cost of \($20,000\) and a new warehouse was constructed on the site at a...
-
During 2016, The Alberta Oil & Gas Company began an exploration project in Montana. The company had paid \($500,000\) for the drilling rights on a tract of 500 acres of land. The company then spent...
Study smarter with the SolutionInn App