Answered step by step
Verified Expert Solution
Question
1 Approved Answer
(Ch4) A relevant facility-level cost driver for heating costs is Select one: O a. direct labor costs. O b. machine hours. O c. floor space.
(Ch4) A relevant facility-level cost driver for heating costs is Select one: O a. direct labor costs. O b. machine hours. O c. floor space. O d. direct material. (CH4) CR Co. has identified an activity cost pool to which it has allocated estimated overhead of $2,000,000. It has determined the estimated use of cost drivers for that activity to be 200,000 inspections. Product Widgets require 50,000 inspections, Product Gadgets 30,000 inspections, and Product Targets 20,000 inspections. The overhead assigned to each product is Select one: O a. Widgets $50,000, Gadgets $30,000, Targets $20,000. O b. Widgets $100,000, Gadgets $60,000, Targets $40,000. O c. Widgets $500,000, Gadgets $300,000, Targets $200,000. O d. Widgets $40, Gadgets $66.67, Targets $100. (Ch4) EMCO manufactures ceiling fans and uses an activity-based costing system to allocate all manufacturing overhead costs. Each ceiling fan consists of 20 separate parts totaling $95 in direct materials, and requires 2.5 hours of machine time to produce. The overhead Allocation Rate for Machining Activity is $7.20 per machine hour. What is the cost of "Machining" per ceiling fan? Select one: O a. $18.00 O b. All listed choices are incorrect. O c. $144.00 O d. $ 30.00
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