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Can someone please help for 70 and 71 please. Please only answer if you are confident Balakrishnan/Managerial Accounting, 2e What are the cost objects? A.

Can someone please help for 70 and 71 please. Please only answer if you are confident image text in transcribed
Balakrishnan/Managerial Accounting, 2e What are the cost objects? A. Annual overhead costs. B. Boss Hog and Boss Bear. C. Units per year. D. Machine hours/unit. E. Material and Labor costs/unit. LOS-B ss Boss Manufacturing Company manufactures two types of bass boats. Bass Boss provides the following data, pertinent to allocating its annual overhead cost of $435,000: 70. Bas Boss Hog Boss Bear 20,000 Bass Boss Product Units per year Machine hours/unit 15,000 3.0 5.0 Materials cost/unit Labor cost/unit $1,500 $ 800 $2,000 $1,000 What are the cost drivers? A. Overhead costs; Units per year. B. Boss Hog: Boss Bear C. Overhead costs; Machine hours/unit. D. Machine hours/unit, Material cost/unit, Labor cost/unit E. Units per year. LOS-D provides the 71. Bass Boss Manufacturing Company manufactures two types of bass boats. Bass Boss following data, pertinent to allocating its annual overhead cost of $435,000: BossBoss Bear Bass Boss Product Hog 15,000 20,000 Units per year Machine hours/unit 3.0 5.0 Materials cost/unit Labor cost/unit $1,500 $%2,000 Determine the allocation rate for assuming the cost driver is machine hours/unit. A. $3 per machine hour B. $12.43 per machine hour C. $54,375 per machine hour D. $4.35 per machine hour E. $$5,000 per machine hour LOS-A S435,000 ((15,00 x 3)(20,000 x 5)) 3-12

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