Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help me please Easton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2024 Click the icon to view the allocation

help me please
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Easton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2024 Click the icon to view the allocation rates) Easton produces two wheel rim models: standard and deluxe. Expected data for 2024 are as follows Click the icon to view the expected data) The company expects to produce 500 units of each model during the year Read the requirements tempo 1 of Requirement 1. Compute the total estimated indirect manufacturing cost for 2024 Begin by selecting the formula to compute the total estimated overhead (OH) costs 2 of Total estimated Overhead costs Precotermined overhead olocation rallo Totul estimated aty of the location base Now compute the total estimated indirect manufacturing cost for 2024 18 feneri To t of Activity Materials handling TV Total Estimated Indirect Manufacturing Cost 24 000 27,200 tof The company expects to produce 500 units of each modal during the WADE Easton Company manufactures wheel rims. The controller expects the following ABC alocation rates for 2024 (Click the icon to view the Easton produces two wheel Data table 2024 are as follows em Click the icon to view the Activity Materials handling Machine setup Insertion of parts Finishing Requirement 1. Compute the Begin by selecting the formuld Predetermined Overhead Allocation Rate $100 per part 300.00 per setup 25.00 per part 40 00 per hour Allocation Base Number of parts Number of setups Number of parts Number of finishing hours celo Predetermined overhead Now compute the total estim Print Done Activity Materials handling Macun setup 27200 000 The company expects to produce 500 units of each model during the your Easton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2024 m (click the icon to view the alloca Easton produces two wheeltim mode 2024 are as follows Data table Click the icon to view the expoc - X Deluxe Standard 60 10.0 170 Requirement 1. Compute the totale Begin by selecting the formula to cord Parts per rim Setups per 500 rims Finishing hours per rim Total direct labor hours per rim 170 50 65 90 60 Predetermined overhead local Now compute the total estimated ind alkalExcello Print Done Activity Malena handling Machine setup Insertion of parts Fishing 29 27200 200,000 230 000 Easton Company manufactures wheel tims. The controller expects the following The company expects to produce 500 units of each model during the ABC allocation rates for 2024 B Click the icon to view the Easton produces two wheel Requirements 2024 are as follows Click the icon to view the 1. Compute the total estimated indirect manufacturing cost for 2024 2. Prior to 2024, Easton used a single plantwide overhead allocation rate system with direct labor hours as the allocation base Compute the predetermined overhead allocation rate based on direct labor hours for 2024. Use this rate to Requirement 1. Compute the determine the estimated indirect manufacturing cost per wheel rim for each model to the nearest cent Begin by selecting the formula 3. Compute the estimated ABC indirect manufacturing cost per unit of each model for 2024 Carry each cost per unit to the nearest cont Predetermined cvethead Now compute the total estimat Print Done Activity Mitas handling Machines Insertion of parts Fishing 27,200 200 000 200 000 Next Easton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2024 Click the icon to view the allocation rates) Easton produces two wheel rim models: standard and deluxe. Expected data for 2024 are as follows Click the icon to view the expected data) The company expects to produce 500 units of each model during the year Read the requirements tempo 1 of Requirement 1. Compute the total estimated indirect manufacturing cost for 2024 Begin by selecting the formula to compute the total estimated overhead (OH) costs 2 of Total estimated Overhead costs Precotermined overhead olocation rallo Totul estimated aty of the location base Now compute the total estimated indirect manufacturing cost for 2024 18 feneri To t of Activity Materials handling TV Total Estimated Indirect Manufacturing Cost 24 000 27,200 tof The company expects to produce 500 units of each modal during the WADE Easton Company manufactures wheel rims. The controller expects the following ABC alocation rates for 2024 (Click the icon to view the Easton produces two wheel Data table 2024 are as follows em Click the icon to view the Activity Materials handling Machine setup Insertion of parts Finishing Requirement 1. Compute the Begin by selecting the formuld Predetermined Overhead Allocation Rate $100 per part 300.00 per setup 25.00 per part 40 00 per hour Allocation Base Number of parts Number of setups Number of parts Number of finishing hours celo Predetermined overhead Now compute the total estim Print Done Activity Materials handling Macun setup 27200 000 The company expects to produce 500 units of each model during the your Easton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2024 m (click the icon to view the alloca Easton produces two wheeltim mode 2024 are as follows Data table Click the icon to view the expoc - X Deluxe Standard 60 10.0 170 Requirement 1. Compute the totale Begin by selecting the formula to cord Parts per rim Setups per 500 rims Finishing hours per rim Total direct labor hours per rim 170 50 65 90 60 Predetermined overhead local Now compute the total estimated ind alkalExcello Print Done Activity Malena handling Machine setup Insertion of parts Fishing 29 27200 200,000 230 000 Easton Company manufactures wheel tims. The controller expects the following The company expects to produce 500 units of each model during the ABC allocation rates for 2024 B Click the icon to view the Easton produces two wheel Requirements 2024 are as follows Click the icon to view the 1. Compute the total estimated indirect manufacturing cost for 2024 2. Prior to 2024, Easton used a single plantwide overhead allocation rate system with direct labor hours as the allocation base Compute the predetermined overhead allocation rate based on direct labor hours for 2024. Use this rate to Requirement 1. Compute the determine the estimated indirect manufacturing cost per wheel rim for each model to the nearest cent Begin by selecting the formula 3. Compute the estimated ABC indirect manufacturing cost per unit of each model for 2024 Carry each cost per unit to the nearest cont Predetermined cvethead Now compute the total estimat Print Done Activity Mitas handling Machines Insertion of parts Fishing 27,200 200 000 200 000 Next

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

Principles Of Knowledge Auditing Foundations For Knowledge Management Implementation

Authors: Patrick Lambe

1st Edition

0262545039, 978-0262545037

More Books

Students also viewed these Accounting questions