Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 Question 1 (5 points): Sameh manufacturing corporation has $300,000 of indirect materials and $500,000 of other indirect cost the company used ABC system to
1 Question 1 (5 points): Sameh manufacturing corporation has $300,000 of indirect materials and $500,000 of other indirect cost the company used ABC system to distribute the overhead cost over the following activities: Activity Cutting / unit Assembling/ unit Covering /unit Processing orders Servings customers Instruction: Activity Measures 60,000 units/year 40,000 units/ year 20,000 units/year 1,500 order/ year 2,000 customer/year Indirect materials Other indirect 20% 30% 10% 10% 30% 30% 20% 5% 15% 30% 1- Allocate the overhead cost to the activity and calculate the cost per activity. (3 points) 2- Calculate total overhead cost if the company received 3 orders from 2 customers. each order 100 units. (2 points) Accounting Finance and Banking Department =
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started