Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone help me with part B? Air United. Inc. manufactures two products: missile range instruments and space pressure gauges. During April. 50 range instruments

can someone help me with part B?
image text in transcribed
image text in transcribed
image text in transcribed
Air United. Inc. manufactures two products: missile range instruments and space pressure gauges. During April. 50 range instruments and 200 pressure gauges were produced, and overhead costs of $ 72,750 were estimated. An analysis of estimated overhead costs reveals the following activities. Total Cost 1. $ 30,000 Activities Cost Drivers Materials handling Number of requisitions Machine setups Number of setups Quality inspections Number of inspections 2 23.750 3 19.000 $72.750 The cost driver volume for each product was as follows Instruments Gauges Total Cost Drivers Number of requisitions Number of setups 375 625 1.000 175 300 475 Number of inspections 225 250 475 Your answer is correct. Determine the overhead rate for each activity Overhead Rate Materials handling 30 per requisition Machine setups $ 50 per setup Quality inspections s 40 per inspection e Textbook and Media Attempts: 1 of 3 used X Your answer is incorrect Assign the manufacturing overhead costs for April to the two products using activity-based costing (Round per unit answers to 2 decimal places, es 12.25.) Instruments Gauges Total cost assigned 580 $ 218.75 Overhead cost per Unit $ 11.60 $ 109

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

Financial And Managerial Accounting For MBAs

Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally

5th Edition

1618532324, 9781618532329

More Books

Students also viewed these Accounting questions