4 points N Corporation has an activity-based costing system with three activity cost pools Machining Setting...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6657b68d4b978_3976657b68d45050.jpg)
Transcribed Image Text:
4 points N Corporation has an activity-based costing system with three activity cost pools Machining Setting Up, and Other The company's overhead costs have already been allocated to the com and total $25,200 for the Machining cost pool, $17,200 for the Setting Up cost pool, and $41,600 for the Other cost pool Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Ud cost pool are assigned to products based on the number of batches the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below Batches 200 Product R Product N Total Sales (hotal) Deect materals (total) Devet labor (tota Required: MHS 6.600 3400 10,000 100 1,000 Product Re $252.000 Product $172.800 $125,100 $90,000 $95,200 $40,100 a Calculate activity rates for each activity cost pool using activity based costing Calculate activity rate for Setting Up activity cost pool using activity-based costing Calculate activity rate for Machining activity cost pool using activity based costing 4 points N Corporation has an activity-based costing system with three activity cost pools Machining Setting Up, and Other The company's overhead costs have already been allocated to the com and total $25,200 for the Machining cost pool, $17,200 for the Setting Up cost pool, and $41,600 for the Other cost pool Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Ud cost pool are assigned to products based on the number of batches the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below Batches 200 Product R Product N Total Sales (hotal) Deect materals (total) Devet labor (tota Required: MHS 6.600 3400 10,000 100 1,000 Product Re $252.000 Product $172.800 $125,100 $90,000 $95,200 $40,100 a Calculate activity rates for each activity cost pool using activity based costing Calculate activity rate for Setting Up activity cost pool using activity-based costing Calculate activity rate for Machining activity cost pool using activity based costing
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
The amplitude and phase spectra for a periodic function v(t) that has only a small number of terms is shown in figure. Determine the expression for v(t) if To = 0.1s. Dn4 Hit: +80 2 3 T 1 2 3 4 -45 2.
-
The hotel can only fund one of these three projects Cash flows/year 0 1 2 31 41 Total 1 2 3 -6,000 -3,000 -3,000 500 1,700 0 600 1,850 0 3,500 500 0 3,500 650 4,800 2,100 1,700 1,800 Note: these...
-
After Commuter Airlines was forced into bankruptcy, the companys stockholders brought suit against Thomas & Ross, the companys independent auditors. Three independent assumptions concerning this...
-
Scenario Shoals Corporation puts significant emphasis on cash flow when planning capital investments. The company chose its discount rate of 8 percent based on the rate of return it must pay its...
-
== If -3x+6=4x-2/5, what is the value of x?
-
Describe the two types of sampling risks for substantive tests.
-
In addition to payroll, the costs of running Condo-Cleaners.com are web services, telecommunications, cleaning supplies, and vehicle costs. Jim pays most of these costs using his personal credit...
-
Which of the following best describes the most important stage of an auditor's statistical analysis of significant ratios and trends? a. Computation of significant ratios and trends. b....
-
In most audit sampling situations, what is the characteristic of primary interest?
-
Assume that Shawn Nelson decides to open a new manufacturing facility to meet customer demand. This new company will be called Manufacturing. To open the new facility, Shawn would have to get a loan...
-
Discuss two decisions you have made, one with a good outcome, one with a poor outcome. What are the differences? Can you dissect your mistakes? What cues were you reading correctly and which...
-
Refer to Exercise 5-2 and prepare journal entries to record each of the merchandising transactions assuming that the periodic inventory system is used by both the buyer and the seller. (Skip the part...
-
Prepare journal entries to record the following merchandising transactions of Stone Company, which applies the perpetual inventory system. Aug. 1 Purchased merchandise from Abilene Company for $6,000...
-
Prepare journal entries to record the following merchandising transactions of Bask Company, which applies the peipetual inventory system. July 1 Purchased merchandise from Black Company for $6,000...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App