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i need an answer asap!!!!! QUESTION 1 Wenmoth Corporation uses activity-based costing to determine product costs for external financial reports. Activity rates computed at the
i need an answer asap!!!!!
QUESTION 1 Wenmoth Corporation uses activity-based costing to determine product costs for external financial reports. Activity rates computed at the beginning of the year are used to apply manufacturing overhead costs to products. The company has provided the following data concerning its activity-based costing system. The data used to develop activity rates were: Estimated Expected Activity Cost Pools Overhead Cost Activity Machine related (machine-hours) $256,500 19,000 MHS Batch setup (setups) $1,549,600 26,000 setups General factory (direct labor-hours) ...... $327,800 11,000 DLHS The actual activity for the year was: Actual Activity for the Year Activity Cost Pools Total Product X Product Y Machine related (machine-hours) ....... 18,000 2,000 16,000 Batch setup (setups) 26,000 14,000 12.000 General factory (direct labor-hours)... 11,000 2.000 9,000 The actual total manufacturing overhead cost incurred for the year was $2,148,800. Reference: 3-7 The Overhead Cost APPLIED to Product Y would have totaled: A. $2,134,600 B. $2,199,400 OC. $912,000 OD. $1,199,400Step by Step Solution
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