Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3. Croft Corporation produces a single product. Last year the company had a net operating income of $t04,960 using absorption costirg and s variable costing
3. Croft Corporation produces a single product. Last year the company had a net operating income of $t04,960 using absorption costirg and s variable costing The foed manufacturing overhead cost was $12 per unit There were no beginning inventonies If 29.600 units w then sales last ye O 7640 units O 27770 units O 31430 units O 51560 units 4. Governmental Products Division's nt marn is $95.20o. The total amount of common foed Dukelow Corporation has two divisions the Governmental Pioducts Division a iul duisions is St09 200 What is the company's net operating income (oss) e O $247200 O $138 000 O $28.800 O ($138,000) Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Total P urs Activity Cost Pool 55.000 der processing 250 orders Not applicable Other The Other activity cost pool is used to accumulate costs o The company has provided the following data concerning its copacity and organization-sustaining costs. $510,000 Wages and salaries Depreciation Occupancy 235.000 $960,000 Total The distribution of resource consumption across activity cost pools is given below Activity Cost Pools Order Processing Other Fabrication Total 15% 45% 40% 00% Wages and salaries 100% 40% 35% 25% The activity rate for the Order Processing activity cost pool is closest to: O $1246 per order O $2,265 per order O $1.575 per orden O $1145 per order
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