Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hapter 18 Homework Instructions eBook Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fortures. These activities and

hapter 18 Homework Instructions eBook Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fortures. These activities and their associated budgeted activity costs and activity bases are as folows Activity Casting Budgeted Activity Cost Activity Base $106,741 Machine hours Assembly 62,010 Direct labor hours Inspecting Setup 18,981 Number of inspections 27,360 Number of sepe Materials handing 24,710) Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quarotes and units produced follow Activity Base Entry Dining Total Machine hours 2.294 1,117 3.411 Direct labor hours 955 2,460 3.445 Number of inpections 731 268 030 Number of sets 187 53 240 Number of loads 468 248 706 Units produced 6.253 2,039 7292 Required: Campiste me Activity Table for entry lighting and dining room lighting fixtures a Determine the activity rate for each activity Enter these rates in the Activity Rate columns b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per-unit rates to the nearest cent Check My Work Prew Activity Table Entry Lighting look Complete the Activity Table for entry lighting fixtures a. Determine the activity rate for entry lighting activity Enter these rates in the Activity Fate column b. Use the activity rates in (a) to determine the total and perunt activity costs associated with entry lighting product Round the person to the nearest cent Activity Entry Lighting Fixtures Activity Base Casting Assemby trapecting Save Materials tanding activity cost Mumber of units Actry ust per unit Usage Activity Activity Rate Cost S S $ B 4 S S $ $ Points 10/28 Shaded cats have foodback Activity Table Dining Room Lighting Complete the Activity Table for dining room lighting fixtures a. Determine the activity rate for dining room lighting activity. Enter these rates in the Activity Rate column. b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with dining room lighting product. Round the per-unt rates to the nearest cent Dining Room Lighting Fixtures Activity- Activity Base Activity Activity Usage Rate Cost Casting dih X S idib X S Assembly Inspecting Insp. X $ Ansp. X di X $ Setup Malerials handling Total activity cost Number of units Activity cost per unit mh X $ Imh X setups X S /setup X S s Points 10/28 Instructions Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Activity Budgeted Activity Cost Activity Base Casting $105,741 Machine hours Assembly 62.010 Direct labor hours Inspecting 18,981 Number of inspections Setup 27,360 Number of setups Materials handling 24,710 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 2,294 1,117 3,411 Direct labor hours 985 3,460 3,445 Number of inspections 731 268 999 Number of setups 187 53 240 Number of loads 458 248 706 Units produced 5,253 2,039 7,292 Required: Complete the Activity Table for entry lighting and dining room lighting fixtures. a. Determine the activity rate for each activity. Enter these rates in the Activity Rate columns b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per-unit rates to the Book Activity Table-Entry Lighting Complete the Activity Table for entry lighting fixtures. a. Determine the activity rate for entry lighting activity. Enter these rates in the Activity Rate column. b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with entry lighting product. Round the per-unit rates to the nearest cent Activity- Activity Base Usage x Casting Assembly Inspecting Setup Materials handling Total activity cost Number of units Activity cost per unit i Entry Lighting Fixtures $ $ $ Activity Rate S S $ Activity Cost Shaded c Points eBook Activity Table - Dining Room Lighting Complete the Activity Table for dining room lighting fixtures. a. Determine the activity rate for dining room lighting activity. Enter these rates in the Activity Rate column. b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with dining room lighting product. Round the per-unit rates to the nearest cent Dining Room Lighting Fixtures Activity- Activity Base Activity Activity Usage x Rate Cost Casting Assembly Inspecting dih X $ /dih X S Insp. X S insp. X dih X $ fload X Setup mh X $ Imh X Materials handling setups X S /setup X Total activity cost $ Number of units: Activity cost per unit Sh

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

8. Do the organizations fringe benefits reflect diversity?

Answered: 1 week ago