20 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-14.000 units of...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66586f4c739bf_69266586f4c6f0ec.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66586f4cac4dc_69266586f4ca8660.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66586f4ce2018_69266586f4cddde9.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66586f4d2a01d_69366586f4d2415d.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66586f4d621e8_69366586f4d5e0fb.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66586f4da116b_69366586f4d9d1e2.jpg)
Transcribed Image Text:
20 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-14.000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity- based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $198,000 $ 86,400 $82,000 Product Y Product Z $ 248,000 Expected Activity 10,000 MHS 180 setups 2 products 10,000 DLHS Number of setups Number of products Direct labor-hours 7,800 50 1 7,800 2,200 130 1 2,200 Check my work Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost $ 44,000 20 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-14.000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity- based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $198,000 $ 86,400 $82,000 Product Y Product Z $ 248,000 Expected Activity 10,000 MHS 180 setups 2 products 10,000 DLHS Number of setups Number of products Direct labor-hours 7,800 50 1 7,800 2,200 130 1 2,200 Check my work Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost $ 44,000
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
A manufacturer of a new pain relief tablet would like to demonstrate that its product works twice as fast as the competitors product. Specifically, the manufacturer would like to test Where μ1 is...
-
Under what circumstances is a future payment reported in the notes to the financial statements as a contingent liability?
-
A Phoenix Wealth Management/Harris Interactive survey of 1500 individuals with net worth of $1 million or more provided a variety of statistics on wealthy people (BusinessWeek, September 22, 2003)....
-
View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. For its three investment centers, Bramble Company accumulates the following data: Sales $2.560,000 $5,120,000...
-
Six children are tested for pulse rate before and after watching a violent movie with the following results. Child Before After 1 91 102 98 104 3 101 110 4 92 103 96 109 6. 93 106 a) What test should...
-
y A B 3 = C t(s) 0.0 1.0 2.0 D The figure above shows the trajectory of a rock traveling through the air, affected by both gravity and air resistance. Here are the positions of the rock at several...
-
Suppose a ten-year, $1,000 bond with an 8.4% coupon rate and semiannual coupons is trading for $1,035.21. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b....
-
-9 Three charges are located along the x axis as shown in the drawing. The mass of the -1.2 C is 4.0 10- kg. Determine the magnitude and direction of the acceleration of the - 1.2 C charge when it is...
-
help please the second one is the correct format but different problem Find a polynomial function P(x) of degree 4 with real coefficients that has a zero of x = 1-3i and leading coefficient of The...
-
Compensation Project Part 3 - Guidelines Purpose: Develop a complete compensation strategy. Treat this as the initial document you will submit to the CHRO to propose an outline of a total...
-
Zadie can buy two kinds of goods, food and clothing. She earns 400 per week. Food items cost 4 each, and items of clothing cost 20 each. Explain what it means to say that Zadies preferences show a...
-
Gulino Corporation manufactures snowmobiles in its White Mountain, Wisconsin plant. The following costs are budgeted for the first quarter's operations. Instructions Classify the above costs of...
-
Quick Copies Company is a small printing and copying firm with three high-speed offset printing presses, five copiers (two color and three black and white), one collator, one cutting and folding...
-
Use discounted-cash-flow (DCF) models for decision making.
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App