Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Joshua Inc uses activity-based costing. The company produces two products, 001and 0 0 2. Information relating to the two products is as follows. Set up

image text in transcribed

Joshua Inc uses activity-based costing. The company produces two products, 001and 0 0 2. Information relating to the two products is as follows.

Set up cost assigned to 002?

rmaMasce Dashboard Stne locod nd Fedters G 9 Hoywarnd RoramOuto. Amaon.om-Oodine Sh Joshua, Inc uses activity based coddieng. The company produces twe products, 00t and 000. Information relating to the two products is as follows Units produced Machine-hours Direct labor hours Materias handing Inumber of moves Setups The Solowing costs are regorted o1 002 19,000 25,000 7,500 aso 8000 12 000 4000 6000 5pc0 7,000 Materias handing $160000 Labor-relaed ahead 480 000 Setups Setup conts ansigned to 002 are 1340000 )$175.000 112 000 Question S that sotal cots anigned to the setup actlvity cont posl in jue ive $60000 awd 50 setige were compiuted n Aee The company also spent $10000 to mave 10tos G30. The sehe cost that would be assigned te product G10 b June m ilt e rta io Aming that during hse mactines were setup 10 tres toe

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions