Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assignment 6 i Saved 1 Bennette Corporation has provided the following data concerning its overhead costs for the coming year: 15 points Wages and salaries
Assignment 6 i Saved 1 Bennette Corporation has provided the following data concerning its overhead costs for the coming year: 15 points Wages and salaries Depreciation Rent $ 370,000 135,000 155,000 $ 660,000 Total eBook Print The company has an activity-based costing system with the following three activity cost pools and estimated activity for the coming year: Activity Cost Pool Assembly Order processing Other Total Activity 45,000 labor-hours 400 orders Not applicable The Other activity cost pool does not have a measure of activity, it is used to accumulate costs of idle capacity and organization-sustaining costs. The distribution of resource consumption across activity cost pools is given below: Wages and salaries Depreciation Rent Assembly 35% 15% 40% Activity Cost Pools Order Processing 30% 45% 35% Other 35% 40% 25% Total 100% 100% 100% Screenshot(Alt + A) The activity rate for the Order Processing activity cost pool is closest to: Paparo Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Assembly Processing orders Inspection Total cost $ 926,800 $ 68,310 $ 103,360 Total Activity 56,000 machine-hours 1,800 orders 1,360 inspection-hours Data concerning the company's product Q79Y appear below: Annual unit production and sales Annual machine-hours Annual number of orders Annual inspection hours Direct materials cost Direct labor cost 700 1,060 80 20 $ 51.00 per unit $ 41.17 per unit According to the activity-based costing system, the average cost of product Q79Y is closest to
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started