Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

22 Red Raider Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 470,000 units are expected to be produced

image text in transcribedimage text in transcribedimage text in transcribed

22 Red Raider Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 470,000 units are expected to be produced requiring 1.8 machine hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? 10 points Estimated : Manufacturing overhead costs Direct labor hours Machine hours Department i $3,100,000 175,000 DLH 33,500 MH Department 2 $3,470,000 117,000 DLH 11,500 MH X 03:24:45 Multiple Choice eBook Ask None of the choices $146.00 per unit $22.50 per unit O $26.39 per unit O $262.80 per unit 23 A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: 10 points Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $ 86,000 $ 61,000 $114,000 Budgeted Activity Product A Product B Product c 7,600 10,600 21,600 8,600 16,600 9,600 4,100 2,600 3, 225 03:24:36 Which of the following statements is true regarding this company's activity rates? eBook Multiple Choice Ask The activity rate under the activity-based costing system for Activity 2 is $3.46. The activity rate under the activity-based costing system for Activity 2 is $15.40. The activity rate under the activity-based costing system for Activity 2 is $2.16. The activity rate under the activity-based costing system for Activity 2 is $11.49. O The activity rate under the activity-based costing system for Activity 2 is $1.75. 24 Red Raider Company uses a plantwide overhead rate with direct labor hours as the allocation base. Next year, 440,000 units are expected to be produced requiring 0.95 direct-labor hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? 10 points Estimated : Manufacturing overhead costs Direct labor hours Machine hours Department 1 $2,538,000 172,000 DLH 30, 400 MH Department 2 $912,000 114,000 DLH 8,400 MH 8 03:24:27 Multiple Choice eBook Ask $7.62 per unit $11.46 per unit $62.72 per unit O $14.76 per unit O None of the choices O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sawyers Internal Auditing Enhancing And Protecting Organizational Value

Authors: The Internal Audit Foundation

7th Edition

1634540522, 9781634540520

More Books

Students also viewed these Accounting questions

Question

CFD is highly risky. Do you agree? Give reasons for your answer.

Answered: 1 week ago

Question

What is the effect of word war second?

Answered: 1 week ago