Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3:49:53 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q.. W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 3. Koontz's production manager has suggested using activity-based costing instead of either the plantwide or departmental approaches. To facilitate the necessary calculations, she assigned the company's total manufacturing overhead cost to five activity cost pools as follows: 25 Manufacturing points Activity Cost Pool Activity Measure Overhead Machining Machine-hours in Molding 417,500 Assemble and pack Direct labor hours in Assemble and Pack 282 , 500 Order processing Number of customer orders 230, 000 eBook Setups Setup hours 340, 000 Other (unused capacity) 80 , 000 Print $ 1, 350, 000 She also determined that the average order size for the Basic and Advanced models is 400 units and 50 units, respectively. The molding machines require a setup for each order. One setup hour is required for each customer order of the Basic model and three hours are required to setup for an order of the Advanced model. The company pays a sales commissions of 5% for the Basic model and 10% for the Advanced model. Its traceable fixed advertising costs include $150,000 for the Basic model and $200,000 for the Advanced model. The remainder of the company's selling and administrative costs are organization-sustaining in nature. Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Graw Education DEC 9 A" Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3 50 04 PM QE ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) 25 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for points the Advanced model. eBook Complete this question by entering your answers in the tabs below. Print Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Reg 4 Reg 5 Calculate the total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity- based approach. (Round your intermediate calculations to 2 decimal places.) Basic Advanced Machining $ 227,760 $ 189,800 Assemble and pack 188,400 94,200 Order processing 46,000 184,000 Setups 26, 154 313,848 Total overhead cost assigned $ 488,314 $ 781,848 Req 3A Req 3C > Mc Graw Education DEC 9 . . . O" Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3:50:15 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) 25 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for points the Advanced model. eBook Complete this question by entering your answers in the tabs below. Print Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 38 Req 3C Req 4 Req 5 Calculate the total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. Basic Advanced Total traceable selling and administrative cost $ 300,000 400,000 Req 3B Req 4 > Graw Hill DEC 9 . . . O" Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3 50 50 PM QE ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Req 4 Req 5 25 points Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement. ( Round your intermediate calculations to 2 decimal places. eBook Koontz Company Print Income statement Total Basic Advanced Sales Variable expenses: Direct materials Direct labor Sales commissions Total variable expenses 0 Contribution margin 0 Traceable fixed expenses: Advertising Mc Graw DEC O 9 . .." Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3:51:01 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Advertising 25 points eBook Total traceable fixed expenses 0 0 Print Segment margin $ o $ 0 Common fixed expenses Selling and administrative Total common fixed expenses 0 Net operating income $ 0 Mc Graw Hill DEC 9 . .." Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3:51:07 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Req 4 Req 5 Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. (Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar.) Break-even point in dollar sales $ 1,375,740 Mc Graw DEC 9 . .." Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3:51:15 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Reg 4 Req 5 Calculate an activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Activity Rate Machining $ 18.98 per MH Assemble and pack $ 3.42 per DLH Order processing $ 920.00 per order Setups $ 523.08 per hour Mc Graw DEC 9" Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3 51 18 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 20 Req 3A Req 3B Req 3C Reg 4 Req 5 Using your departmental overhead cost allocations, redo the controller's segmented income statement (continue to allocate selling and administrative expenses based on sales dollars). (Round your intermediate calculations to 2 decimal places.) Basic Advanced Sales $ 3,000,000 $ 2,000,000 Cost of goods sold 2,004,545 1,445,455 Gross margin 795,455 654,546 Selling and administrative expenses 720,000 480,000 Net operating income $ 75,455 $ 74,545 Mc graw DEC 9" Chrome File Edit View History Bookmarks People Tab Window Help 7 86% Wed Dec 9 3:51:21 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Reg 4 Req 5 Calculate the total amount of overhead that would be assigned to each product. (Round your intermediate calculations to 2 decimal places. Basic Advanced Molding Department $ 429,545 $ 357,954 Assemble and Pack Department 375,000 187,500 Total manufacturing overhead assigned $ 804,545 $ 545,454 Req 2A Req 2C Mc Graw DEC 9" Chrome File Edit View History Bookmarks People Tab Window Help 7 85% Wed Dec 9 3 51 24 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q.. W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Req 4 Req 5 Calculate the departmental overhead rates. (Round your answers to 2 decimal places.) Molding Assemble and Pack Department Department Manufacturing overhead rate [ $ 39.79 per MH $ 18.75 per DLH Req 1B Req 2B > Mc Graw DEC 9" Chrome File Edit View History Bookmarks People Tab Window Help 85% Wed Dec 9 3:51:27 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q.. W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Reg 4 Req 5 Calculate the amount of overhead that would be assigned to each product. Basic Advanced Amount of overhead $ 900,000 $ 450,000 Req 1A Req 2A > Mc Graw DEC 9 . .." Chrome File Edit View History Bookmarks People Tab Window Help 7 85% Wed Dec 9 3 51 32 PM Q ... GO ACC-121-OSI1 2020FA: McGra x McGraw-Hill Education Campu: X Connect X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q.. W ACC 121 Capstone Project i Saved Help Save & Exit Submit Check my work 3 Using the additional information provided by the production manager, calculate: a. An activity rate for each activity cost pool. 25 b. The total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. points c. The total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. 4. Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is eBook adapted from Exhibit 7-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) Print 5. Using your contribution format segmented income statement from requirement 4, calculate the break-even point in dollar sales for the Advanced model. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 2C Req 3A Req 3B Req 3C Req 4 Req 5 Calculate the plantwide overhead rate. Plantwide overhead rate $ 30 per DLH Req 1A Req 1B > Mc Graw DEC 9