Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Check my w Deemer Corporation has an activity based costing system with three activity cost pools--Processing, Supervising, and other. In the first stage allocations, costs

image text in transcribed
image text in transcribed
image text in transcribed
Check my w Deemer Corporation has an activity based costing system with three activity cost pools--Processing, Supervising, and other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption Data used in the first stage allocations follow: Overhead costs: Equipment expense Indirect labor $93,000 $ 5,100 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Indirect labor Activity Cost Pools Processing Supervising 0.50 0.30 @.50 0.30 Other 0.20 0.20 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow k Chapter 7 - MX Weekly Homework Chapter 7 x + newconnect mheducation.com/flow/connect html y Homework Chapter 7 Saved Help Save & Exit S Check my Activity: Product F6 Product xe MHS (Processing) 10,500 1,360 11,860 Batches (Supervising) 1,320 1,320 2,640 Total ces The activity rate for the Supervising activity cost pool under activity-based costing is closest to: Multiple Choice $6.45 per batch search O M Homework Chapter 7 i Saved Help So $6.45 per batch $3.23 per batch $37.16 per batch $11.15 per batch Prev 4 of 20 Next > earch O M hulu Check my w Deemer Corporation has an activity based costing system with three activity cost pools--Processing, Supervising, and other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption Data used in the first stage allocations follow: Overhead costs: Equipment expense Indirect labor $93,000 $ 5,100 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Indirect labor Activity Cost Pools Processing Supervising 0.50 0.30 @.50 0.30 Other 0.20 0.20 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow k Chapter 7 - MX Weekly Homework Chapter 7 x + newconnect mheducation.com/flow/connect html y Homework Chapter 7 Saved Help Save & Exit S Check my Activity: Product F6 Product xe MHS (Processing) 10,500 1,360 11,860 Batches (Supervising) 1,320 1,320 2,640 Total ces The activity rate for the Supervising activity cost pool under activity-based costing is closest to: Multiple Choice $6.45 per batch search O M Homework Chapter 7 i Saved Help So $6.45 per batch $3.23 per batch $37.16 per batch $11.15 per batch Prev 4 of 20 Next > earch O M hulu

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions