Chapter 12 Assignment Swed Hels Save & Ei Chadem 1 Exercise 12-10A (Algo) Allocating to solve a timing problem LO 12-3 10 points Production workers for Stuart Manufacturing Company provided 4,700 hours of labor in January and 2,400 hours in February. The company, whose operation is labor intensive expects to use 48,300 hours of labor during the year. Stuart paid a $96,600 annual premium on July 1 of the prior year for an insurance policy that covers the manufacturing facility for the following 12 months Required Based on this information, how much of the insurance cost should be allocated to the products made in January and to those made in February? (Do not round Intermediate calculations.) Reference Month Allocated Cost January February Chem 2 10 Dis Exercise 12-12A (Algo) How the allocation of fixed cost affects a pricing decision LO 12-3 Rooney Manufacturing Co. expects to make 31.000 chairs during the year 1 accounting period. The company made 4.700 chain January Materials and labor costs for January were $17.200 and $25.200, respectively, Rooney produced 1800 chairs in February Material and labor costs for February were $9,300 and $13,900, respectively. The company paid the $496.000 annual rental fee on its manufacturing facility on January 1 year 1 The rental fee is allocated based on the total estimated number of units to be produced during the year Required Assuming that Rooney desires to sell its chairs for cost plus 30 percent of cost, what price should be charged for the chairs produced in January and February (Round intermediate calculations and final answers to 2 decimal places.) February Price per unit 3 Crecem Exercise 12-6A (Algo) Allocating overhead cost among products LO 12-3 to po Rooney Hats Corporation manufactures three different models of hos Vogue Beauty, and Glamour Rooney expects to $630,000 of overhead cost during the next fiscal year. Other budget information follow way Direct bor hora 4.40 5.490 0,200 15.000 at hour 2.000 1,400 3.556,2 Required . Use direct labor hours as the cout driver to compute the location rate and the budgeted overed cost for each product b. Use machine hours as the cost driver to compute the location rate and the budget ad cost for each product Complete this question by entering your answers in the tabs below. RA Required Use direct labor hours as the cost driver to compute the action rate and the budgeted overhead coat och product Product Allocation at Weight Base ACM Vogue Beauty Required) PY 2010 Next > 3 Exercise 12-6A (Algo) Allocating overhead cost among products LO 12-3 10 Rooney Hats Corporation manufactures three different models of a Vogue, Beauty and Gout Honey expects to incur $630,000 of overhead cost during the next fiscal year. Omer budget information follows Voyeur Total Direct labor hour 4,400.00 1.200 15,000 Machine hours w Required a. Use direct labor hours as the cost driver to compute the location rate and the budgeted overhead cost for each prout b. Use machine hours as the cost driver to compute the location the and the budgeted overhead conforach product Complete this question by entering your answers in the tabs below. Required Red Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each out Product Allocation Rate * Weight of - Alleated Cout Mag Beauty Gumot Total Help Seven 4. Check my w 40 points Exercise 12-9A (Algo) Allocating to smooth cost over varying levels of production LO 12-3 Production workers for Gibson Manufacturing Company provided 380 hours of labor in January and 680 hours in February, Gibson expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $12,000 per month Required Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February (Do not round Intermediate calculations.) woo References Allocated Cost Month January February 5 Exercise 12-7A (Algo) Allocating overhead costs among products LO 12-3 Perez Company makes three products in its factory plastic cups, plastic tablecloths, and plastic bones. The expected over todos for the next fiscal year include the following 10 po 11.000 Petery me lary Factory wity cost Factory supplies Total overhead con 25,000 334),400 Perez uses machine hours as the cost driver to locate overhead costs Budgeted machine hours for the products are as follow Cupe Tablecloth Bottle Total machine heure 20 hour 700 350 1,930 Required a. Allocate the budgeted overhead costs to the products Allocation Rate * Weight of All cated Product loupe Tablecloths To Next >