Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Conversion costs. The following information is provided for the month of June: the nearest cent.) awn chairs using an activity-based costing system to allocate all
Conversion costs. The following information is provided for the month of June: the nearest cent.) awn chairs using an activity-based costing system to allocate all manufacturing conversion costs. Th ct Estimated Quantity of Allocation Base Allocation Base Number of parts 7,500 parts Number of parts 7,500 parts Number of lawn chairs 1,500 lawn chairs al direct materials cost per lawn chair is $20. and assembling for each lawn chair? (Round intermediate and the final answer to the nearest cent.) Relax, Don't Do It Company manufactures lawn chairs using an activity-based costing system Estimated Indirect Activity Costs Activity Materials handling $12,000 Assembling $16,700 Packaging $5,400 Allocation Base Estimated Quant Allocation Base Number of parts 7,50 Number of parts 7,50 Number of lawn chairs 1,500 lawn Each lawn chair consists of 5 parts; the total direct materials cost per lawn chair is $20. What is the total cost of materials handling and assembling for each lawn chair? (Round interme OA. $19.13 OB. $11.13 OC. $31.13 OD. $42.73 This question: 1 point possible Relax, Don't Do It Company manufactures lawn chairs using an activity-based costing system to allocate all manufacturing conversion costs. The folowing information is provided for the month of June Activity Estimated Indirect Estimated Quantity of Materials handling Assembling Activity Costs $12,000 Packaging $16,700 $5,400 Allocation Base Number of parts Allocation Base Number of parts Number of lawn chairs 7,500 parts 7,500 parts 1,500 lawn chairs Each lawn chair consists of 5 parts; the total direct materials cost per lawn chair is $20. What is the total cost of materials handling and assembling for each lawn chair? (Round intermediate and the final answer to the nearest cent.) OA. $19.13 OB. $11.13 OC. $31.13 D. $42.73
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