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1.) h7 and Ch8 i Saved Help Save & Exit Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated
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h7 and Ch8 i Saved Help Save & Exit Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and Other. The costs in those activity cost pools appear below: Processing $ 4,940 Supervising $ 32,000 Other $ 11, 000 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Batches MHs (Processing) (Supervising) Product Me 12, 350 800 Product M5 650 300 Total 13,000 1, 600 Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins. Product Me Product M5 Sales (total) $ 80, 400 $ 92, 900 Direct materials (total) $ 29, 100 32,000 $ 28, 400 $ 42, 300 Direct labor (total) The activity rate for the Supervising activity cost pool under activity-based costing is closest to: Prey. 1 of 12 Next > Q Search hp(l( livilyibased costing is closest to: Multiple Choice O $23 09 per batch 0 $618 per batch 0 $26 88 per belch 2000 er batch v 3 D eaper Corporation uses an activity-based COSiil' v with the following three activity cost pools: , \"Fabrication ,39 machine-hours * Order processing 259 orders other Not applicable The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data concerning its costs: 1 Wages and salaries $ 539,999 Depreciation 225,999 Occupancy 245,999 Total $ 1,999,906 The distribution of resource consumption across activity cost pools is given below: Activity Cost Pools Fabrication Order Processing Other 1 ,g , Wages and salaries 35% 39% 35% Depreciation 15% 45% 49% 199% ccupancy 35% 39% 35% 199% s closest to: ity rate for the Order Processing activity cost pool i wool is closest to: Multiple Choice 209 points 0 $2,665 per order 0 $930 per order 0 $1,041 per ordeu $1335 per Older counting X Question 3 - Exam 3 - Ch7 and x Leaper Corporation uses an act to.mheducation.com/ext/map/index.html?_con=con&external_br =0&launchUrl=https%253A%252F%252Fims.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FimsC. Ch7 and Ch8 i Saved Help Save & Exit Su Deemer Corporation has an activity-based costing system with three activity cost pools-Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment expense $ 79,000 Indirect labor $ 11, 900 0:58:39 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools he Processing Supervising Other Equipment expense 0. 40 0. 40 0. 20 Indirect labor 0. 40 0. 30 0. 30 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: MHS Batches (Processing) (Supervising) 14, 000 1, 030 Product F6 Product Xe 1, 900 1, 220 15, 900 2 , 250 Total Next >Step by Step Solution
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