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I just need help on these last couple questions I am stuck, please leave step by step solutions. Thank you!! Wings Co. budgeted $561,000 manufacturing
I just need help on these last couple questions I am stuck, please leave step by step solutions. Thank you!!
Wings Co. budgeted $561,000 manufacturing direct wages, 2,200 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Machine setup Machine repair Inspections Budgeted Overhead Cost $ 114,000 13,500 1,530 13,200 Budgeted Level for Cost Driver 3,800 pounds 450 setups 30,600 machine hours 220 inspections Overhead Cost Driver Weight of materials Number of setups Machine hours Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor Direct materials Machine setup Machine hours Inspections 25 hours 190 pounds 50 setups 15,600 machine hours 20 inspections The total overhead of Job #971 under the ABC costing is: $2,095. $145. $3,110. $9,180. $425. Nerrod Company sells its products at $760 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs: Activity Sales calls Order processing Deliveries Sales returns Cost Driver and Rate $530 per visit $ 165 per order $ 60 per order + $0.50 per mile $ 75 per return and $3.00 restocking per unit returned Nerrod Company has gathered the following data pertaining to activities it performed for two of its customers: XBT NINTO 2 23 630 2,130 4 Number of orders Number of parts per order Sales returns: Number of returns Number of units returned Number of sales calls Miles per delivery Shipping terms 10 50 6 40 10 10 FOB, Factory 20 FOB, Destination What is Nerrod's total customer batch-level cost applicable to Ninto? $1,200. $6,580. $2,700. $2,580. $1,220Step by Step Solution
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