Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help with all parts book TOASC Calculator Bob Randal, cost counting manager for emple Products, was to determine the cost of the des performed with

help with all parts
image text in transcribed
image text in transcribed
image text in transcribed
book TOASC Calculator Bob Randal, cost counting manager for emple Products, was to determine the cost of the des performed with the company's Manufacturing Engineering Department. The department has the following activities creating bills of materials (Bs), staying acting camping manufacturing processes, training employees, and designing tools. The resource costs from the general ledger) and the times to perform are unit of each activity are provided below Resource Costs Activities Unit Time Driver Salaries $500,000 No. of INOM Equipment Creating BOM Designing tools 100,000 5.4 hrs. Improving No. of tool designs Process Improvement trs No. of trainingen Study hrs. Supplies 30,000 1.0. processes Total $630,000 Training employees 2.0 Studying 1.0. capabilities Total machine and her hours (at practical Capacity: Machine hours 2.000 Engineering hours 18,000 Total hours The activity, designing to use the number of tools designed as the activity driver. Using traditional approach, the cost of the designing to activity determined to be $179.000 4.19) with an expected active output of 1,000 for the coming year. During the first week of the year, two yes(ob 150 Previous Sumt en Grand MacBook Air 30. $ X 8 9 0 E U R T Y o F G H J L V > B N M command option TELY. Gengis er OSS SERVICE TOUR determined to be $179,000 (see Exercise 4.19) with an expected activity output of 1,000 for the coming year. During the first week of the year, two jabs (ob 150 and Job 151) had a demand for 10 and 20 new tools, respectively Required 1. Calculate the capacity cost rate for the Manufacturing Engineering Department. Round your swer to the nearest cent. per hour 2. Using the capacity contrate, determine the activity rates for each activity. Round your answers to the nearest cent. Activity Rates Creating BOMS per BOM Designing tools per tool design Improving processes per process Improvement hr. Training employees per training session Studying capabilities per study hour 3. Calculate the cost of designing tools that would be assigned to each yo using the DARC-derived activity rate and then repeat using the traditional ABC rate Job 150 Job 151 TOARC ABC 4. Now suppose that time for creating BOMs is 0.50 for a standard product but that creating som for a custom product adds an additional 0.3 hour. Express the time equation for this added complety Round your answers to two decimal places, ace the amounts left to lowest to highest Check My Wor Previous Emailina Submit Anment for Grading MacBook Air % 5 ON 9 0 E R T U Y G H u L V V c B M N command option per tool design Improving processes per process Improvement hr. Training employees per training session Studying capabilities per study hour 3. Calculate the cost of designing tools that would be assigned to each job using the TDABC-derived activity rate and then repeat using the traditional ABC rate. I Job 150 Job 151 TDABC ABC 4. Now suppose that time for creating BOMs is 0.50 for a standard product but that creating a BOM for a custom product adds an additional 0.3 hour. Express the time equation for this added complexity. Round your answers to two decimal places. Place the amounts left to right, lowest to highest BOM time- Calculate the activity rate for the activity of creating a BOM for custom products. Round your answer to the nearest cent per BOM Check My Work Previous Email tructor Save and Suomen for Grading MacBook Air 90. $ 4 % 5 & 7 8 9 6 P o Y T C R H F G J V V B M N 98 command olion

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

Financial and Managerial Accounting

Authors: Horngren, Harrison, Oliver

3rd Edition

978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978

More Books

Students also viewed these Accounting questions