| During October, Dorinirl Corporation incurred $67,500 of direct labor costs and $7,700 of indirect labor costs. The journal entry to record the accrual of these wages would include a: 41... | Fogle Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity based costing system: | | Overhead costs: | | | Wages and salaries | $176,000 | | Other expenses | 77,000 | | Total | $253,000 | | Distribution of resource consumption: | | | Activity Cost Pools | | | | Making Bouquets | Delivery | Other | Total | | Wages and salaries | 55% | 20% | 25% | 100% | | Other expenses | 20% | 60% | 20% | 100% | | The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. | | The amount of activity for the year is as follows: | | Activity Cost Pool | Activity | | Making bouquets | 42,020 bouquets | | Delivery | 15,500 deliveries | | What would be the total overhead cost per delivery according to the activity based costing system? In other words, what would be the overall activity rate for the deliveries activity cost pool? (Round to the nearest whole cent.) 49... | At the beginning of the year, manufacturing overhead for the year was estimated to be $266,200. At the end of the year, actual direct labor-hours for the year were 22,500 hours, the actual manufacturing overhead for the year was $265,300, and manufacturing overhead for the year was overapplied by $6,950. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have bee 53... | Aberge Company's manufacturing overhead is 40% of its total conversion costs. If direct labor is $93,000 and if direct materials are $23,000, the manufacturing overhead is: 57.. | Bossie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: | | Costs: | | | Wages and salaries | $347,000 | | Depreciation | 286,000 | | Utilities | 200,000 | | Total | $833,000 | | Distribution of resource consumption: | | | Activity Cost Pools | | | | Assembly | Setting up | Other | Total | | Wages and salaries | 60% | 20% | 20% | 100% | | Depreciation | 45% | 30% | 25% | 100% | | Utilities | 25% | 65% | 10% | 100% | | How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool? 58.... | Bossie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: | | Costs: | | | Wages and salaries | $347,000 | | Depreciation | 286,000 | | Utilities | 200,000 | | Total | $833,000 | | Distribution of resource consumption: | | | Activity Cost Pools | | | | Assembly | Setting up | Other | Total | | Wages and salaries | 60% | 20% | 20% | 100% | | Depreciation | 45% | 30% | 25% | 100% | | Utilities | 25% | 65% | 10% | 100% | | How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool? 59... | Ollivier 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 | $123,000 | | Indirect labor | $11,800 | | Distribution of Resource Consumption Across Activity Cost Pools: | | | Activity Cost Pools | | | Processing | Supervising | Other | | Equipment expense | 0.40 | 0.50 | 0.10 | | Indirect labor | 0.40 | 0.50 | 0.10 | | 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 (Processing) | Batches (Supervising) | | Product C4 | 10,100 | 1,420 | | Product L7 | 1,170 | 1,460 | | Total | 11,270 | 2,880 | | The activity rate for the Supervising activity cost pool under activity-based costing is closest to: | $18.70 per batch | | | | | |
