Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Huskies Company manufactures decorative wall clocks and uses activity-based costing. Each clock consists of 30 separate parts totaling $60 in direct materials, $20 in

 

Huskies Company manufactures decorative wall clocks and uses activity-based costing. Each clock consists of 30 separate parts totaling $60 in direct materials, $20 in direct labor cost, and requires 4 hours of machine time to produce. Additional information is as follows: Activity Materials Handling Machining Assembling Allocation Base Number of parts Machine hours Number of parts Number of finished clocks Packaging What is the cost of assembling activity per clock? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) Cost Allocation Rate $0.80 $11 $5.9 $2.70

Step by Step Solution

3.45 Rating (152 Votes )

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

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

12th Edition

978-0073526706, 9780073526706

More Books

Students also viewed these Accounting questions