Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Barrett Help Save & Exit Submi TB MC Qu. 7-64 (Static) Fletes Corporation manufactures two products: Product... Fletes Corporation manufactures two products: Product 095C and
Barrett Help Save & Exit Submi TB MC Qu. 7-64 (Static) Fletes Corporation manufactures two products: Product... Fletes Corporation manufactures two products: Product 095C and Product M31. The company uses a plantwide overhead rate based on direct labor hours. It is considering Implementing an activity-based costing (ADC) system that allocates its manufacturing overhead to four cost pools. The following additional Information is available for the company as a whole and for Products 095C and M31N. Activity Cost Pool Activity Measure Total Cont Total Activity Machining Machine-hours $ 207,000 9,000 Mo Machine setups Number of setups $ 140,000 350 setupa Product design Number of products $ 98,000 2 products Order size Direct labor-hours $ 340,000 10,000 DLHA Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product 095C 6,000 190 1 4,000 Product M3IN 3,000 160 1 6,000 Using the ABC system, how much total manufacturing overhead cost would be assigned to Product O9SC? Save Number of products Direct labor-hours 1 4,000 1 6,000 Using the ABC system, how much total manufacturing overhead cost would be assigned to Product 095C? Multiple Choice 29 $263,000 $399,000 $136.000 $392,500
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