Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the information above, what is the overhead cost per unit for Twins and Doubles? Round to the nearest whole dollar unless otherwise specified

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Based on the information above, what is the overhead cost per unit for Twins and Doubles? Round to the nearest whole dollar unless otherwise specified Activity Cost Pool Activity Rate (round to the nearest cent) Activity per Twin Cost per Twin Activity per Double Cost per Double $ Framing $ s $ Padding $ $ Fing $ 5 Labeling 5 Inspection For Bank 1 Total Number 5 Padding $ $ Filing s $ $ $ Labeling $ Inspection $ Total $ Number of Units Ovehead per unit round to the nearest cent $ Use the following information for the next 3 questions. Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $20 per unit and $40 is used in direct labor, while the direct material for the double is $40 per unit, and the labor cost is $45 per unit. Box Springs estimates it will make 4,500 twins and 9,500 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: Activity Cost Pools Driver Estimated Overhead Use per Twin Use per Double Framing Square feet of pine $220.000 6,000 1,000 Padding Square feet of quilting $225,000 120,000 95,000 Filling Square feet Filling $320,000 510,000 325.000 Labelling $250,000 810,000 400,000 Number of boxes A Number of inspections Inspecting $165,000 12.000 6,000 How much does each unit cost to manufacture? Round to the nearest whole number unless otherwise specified. Activity Cost Pools Driver Estimated Overhead Total Driver Activity Rate (round to thenearest cent) Framing Square feet of pine $ $220,000 7,000 Padding Square feet of quilting $ $225,000 215,000 Filling Square feet Filling $320,000 835,000 Labelling Number of boxes $ $ 1,210,000 $250,000 to $165.000 Inspecting Number of inspections 18,000

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

Step: 3

blur-text-image

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

Accounting Tools for Business Decision Making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

5th edition

9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169

More Books

Students also viewed these Accounting questions

Question

Describe the factors influencing of performance appraisal.

Answered: 1 week ago

Question

=+5. How does a synopsis differ from an executive summary? [LO-5]

Answered: 1 week ago