Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I also need the percentage errors for model x and y Course: 20AU Cost Management (ACCT-232-A) CengageNOWv2 | Online teaching and learning resource from Cengage

I also need the percentage errors for model x and y

image text in transcribed
Course: 20AU Cost Management (ACCT-232-A) CengageNOWv2 | Online teaching and learning resource from Cengage Learning ORK CHAPTER FOUR eBook Calculator Print Item Contact Technica ALGO Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: ALGO Activity Expected Cost Activity Driver Activity Capacity .ALGO Setting up equipment $135,000 Number of setups 120 Ordering materials 10,200 Number of orders 600 2.ALGO Machining 89,600 Machine hours 11,200 Receiving 17,280 Receiving hours 1,080 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y Units completed 5,900 11,800 Number of setups 80 40 Number of orders 200 400 Machine hours 6,400 4,800 Receiving hours 360 720 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X Model Y 2. Determine the total overhead assigned to each model using the two most expensive activities. The costs of the two relatively inexpensive activities are allocated to the two expensive activities in proportion to their costs. Round interim calculations to two decimal places and round your final answers to the nearest dollar. Total Overhead Assigned Model X Model Y gress: 4/4 items Check My Work Previous gnment Score: 70% Email Instructor Save and Exit Submit Assignment for Grading MacBook Pro

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

Managerial Accounting

Authors: Ronald W Hilton

8th Edition

0073526924, 9780073526928

More Books

Students also viewed these Accounting questions