Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity Designing $450,180 12,200 designer hours Sizing and cutting Stitching and trimming 4. 107.500

image text in transcribed
image text in transcribed
image text in transcribed
Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity Designing $450,180 12,200 designer hours Sizing and cutting Stitching and trimming 4. 107.500 155,000 machine hours 1.499,400 84.000 labor hours 343,125 30.500 finished units Wrapping and packing Compute the activity based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, s. 12.25) Activity-based overhead rates Designing per designer hour Sizing and cutting Stitching and trimming Wrapping and packing Sunland Company sells 200000 units for $10 a unit. Fixed costs are $350000 and net income is $250000. What should be reported as variable expenses in the CVP income statement 5600000 $1650000 $1750000. $1400000 Sheridan Company sells MP3 players for $80 each. Variable costs are $55 per unit, and food costs total $120000 What sales are needed by Sheridan to break even? $314754 $165000 $S28000 5384000

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_2

Step: 3

blur-text-image_3

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

Financial Holding Company Audit Compliance And Risk Management

Authors: Anthony Ludovic Assassa

1st Edition

6206122727, 978-6206122722

More Books

Students also viewed these Accounting questions