Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

#4 please help!! Saddie lie tas two types of handbade standerd and custom. The controiker han decidicd to une a plantwide ovorles a rate hased

#4 please help!!
image text in transcribed
Saddie lie tas two types of handbade standerd and custom. The controiker han decidicd to une a plantwide ovorles a rate hased on direct labor costs. The president has hesed of activity -tased costing arid wants to set how the rewults worild eiffn if this tntion were ured. Tho activity cott poek wire develoded machilning and machine artuga Presented belowis intonnation retated to the compamy's operations Artilutivinet Duale and tirlutrs Total estirnated overhead costs are 5398.900. Ovrrhead cest allocated to the machinint activity cost pool is 5210.000 and $94900 is allocated to the machise sctup activity cost pool. Compote the overhead rate uine the trad tional (piantwide) approsch. - Rsund anwer to 2 decimal places, ry. 12.25, Make sier fo calculate the nate in percentege first by mulipbing it by 100 . Thes pourd the responde in percentigge to 2. decimal jlaces. Compate the overhead rates uine the activity'bascd cesting approach. - When typing your reipenteh, do NoT inclade a dollar sign. Fer exarnple, if yeur annwer i 510.000 you sheald be typing 10,000 or 10.000 .00 without any dollar plen Determine the difference fin costs) in allocation between the two approaches. - Round answer to the ncarest dsliar. IF pour celculution it $1001 i enter 10. - When tyeins your neiponser, do Not inc lude a doular sign. For example, if your antever ir $10.000 you shoudd be fypins 10,009 of 10.000 .00 witheut ary dollar size

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

Loose Leaf For Financial Accounting Fundamentals

Authors: John Wild, Ken Shaw, Barbara Chiappetta

6th Edition

1260151980, 978-1260151985

More Books

Students also viewed these Accounting questions

Question

Describe the linkages between HRM and strategy formulation. page 74

Answered: 1 week ago

Question

Identify approaches to improving retention rates.

Answered: 1 week ago