{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T11:09:45-04:00", "answer_date": "2024-05-26 11:09:45", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1736630", "url": "\/study-help\/questions\/abc-bernacke-corp-is-instituting-an-activitybased-costing-project-in-1736630", "question_creation_date_js": "2024-05-26T11:09:45-04:00", "question_creation_date": "May 26, 2024 11:09 AM", "meta_title": "[Solved] ABC Bernacke Corp. is instituting an acti | SolutionInn", "meta_description": "Answer of - ABC Bernacke Corp. is instituting an activity-based costing project in its ten-person purchasing department. Annual de | SolutionInn", "meta_keywords": "abc,bernacke,corp,instituting,activity-based,costing,project,ten-person,purchasing,department,annual,departmental", "question_title_h1": " ABC Bernacke Corp. is instituting an activity-based costing project in its ten-person purchasing department. Annual departmental overhead costs are $438,750. Because finding the best", "question_title": " ABC Bernacke Corp. is instituting an activity-based costing project in its", "question_title_for_js_snippet": "ABC Bernacke Corp is instituting an activity based costing project in its ten person purchasing department Annual departmental overhead costs are $438,750 Because finding the best supplier takes the majority of effort in the department, most of the costs are allocated to this activity area Many purchase orders are received in a single shipment Activity Find best suppliers Allocation Measure Number of telephone calls Issue purchase orders Number of purchase orders Review receiving reports Number of receiving reports Quantity Total Cost 75,000 $225,000 46,875 112,500 28,125 101,250 One special order product manufactured by the company required the following purchasing department activities 25 telephone calls, 50 purchase orders, and 35 receipts a What amount of purchasing department cost should be assigned to this product Note Round your final answer to two decimal places (i e round $4 355 to $4 36) b If 100 units of the product are manufactured during the year, what is the purchasing department cost per unit Note Round your final answer to two decimal places (i e round $4 355 to $4 36) per unit c If purchasing department costs had been allocated using telephone calls as the allocation base, how much cost would have been assigned to this product Note Round your final answer to two decimal places (i e round $4 355 to $4 36) ", "question_description": "\"image", "transcribed_text": "ABC Bernacke Corp. is instituting an activity-based costing project in its ten-person purchasing department. Annual departmental overhead costs are $438,750. Because finding the best supplier takes the majority of effort in the department, most of the costs are allocated to this activity area. Many purchase orders are received in a single shipment. Activity Find best suppliers Allocation Measure Number of telephone calls Issue purchase orders Number of purchase orders Review receiving reports Number of receiving reports Quantity Total Cost 75,000 $225,000 46,875 112,500 28,125 101,250 One special-order product manufactured by the company required the following purchasing department activities: 25 telephone calls, 50 purchase orders, and 35 receipts. a. What amount of purchasing department cost should be assigned to this product? Note: Round your final answer to two decimal places (i.e. round $4.355 to $4.36). b. If 100 units of the product are manufactured during the year, what is the purchasing department cost per unit? Note: Round your final answer to two decimal places (i.e. round $4.355 to $4.36). per unit c. If purchasing department costs had been allocated using telephone calls as the allocation base, how much cost would have been assigned to this product? Note: Round your final answer to two decimal places (i.e. round $4.355 to $4.36).", "related_book": { "title": "Cost management a strategic approach", "isbn": "73526940, 978-0073526942", "edition": "5th edition", "authors": "Edward J. Blocher, David E. Stout, Gary Cokins", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/249.jpg", "uri": "\/textbooks\/cost-management-a-strategic-approach-5th-edition-249", "see_more_uri": "" }, "free_related_book": { "isbn": "141094977X", "uri": "\/textbooks\/egyptian-myths-and-legends-1st-edition-9781410949776-108662", "name": "Egyptian Myths And Legends", "edition": "1st Edition" }, "question_posted": "2024-05-26 11:09:45", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/suppose-you-buy-bond-a-at-time0-it-is-a-542207", "description": "Suppose you buy Bond A at time=0. It is a 2-year, risk-free bond with coupon rate of 7% that compounds annually, and it has a face value of $1,000. 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