Question
5. Activity rates from Quattrone Corporation's activity-based costing system are listed below. The company uses the activity rates to assign overhead costs to products: Activity
5. Activity rates from Quattrone Corporation's activity-based costing system are listed below. The company uses the activity rates to assign overhead costs to products: Activity Cost Pools Activity Rate Processing customer orders $93.46 per customer order Assembling products $2.78 per assembly hour Setting up batches $54.45 per batch Last year, Product F76D involved 4 customer orders, 459 assembly hours, and 21 batches. How much overhead cost would be assigned to Product F76D using the activity-based costing system
6.
In September direct labor was 30% of conversion cost. If the manufacturing overhead for the month was $97,300 and the direct materials cost was $24,600, the direct labor cost was: |
7.
Craft Company produces a single product. Last year, the company had a net operating income of $93,600 using absorption costing and $83,100 using variable costing. The fixed manufacturing overhead cost was $6 per unit. There were no beginning inventories. If 24,400 units were produced last year, then sales last year were: |
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