Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Carlise Corp., which manufactures ceiling fans, currently has two product lines, the Indoor and the Outdoor. Carlise has total overhead of $123,202. Carlise has
Carlise Corp., which manufactures ceiling fans, currently has two product lines, the Indoor and the Outdoor. Carlise has total overhead of $123,202. Carlise has identified the following information about its overhead activity cost pools and the two product lines: Activity Cost Pools Cost Assigned Cost Driver to Pool Materials handling Quality control Number of moves $ 19,502 Number of inspections $ 77,520 Machine maintenance Number of machine hours $26,180 Required: Quantity/Amount Consumed by Indoor Line 610 moves 6,400 inspections 30,000 machine hours Quantity/Amount Consumed by Outdoor Line 370 moves 5,000 inspections 4,000 machine hours 1. Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Indoor Model Outdoor Model Total Overhead Assigned $ 0
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