Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jumbe Part Two: Answer Only Two Question of Following Question Thres Zitriks Corp, manufactures two sizes of ceramic paperweights. regular and jumbo. The following information

image text in transcribed

Jumbe Part Two: Answer Only Two Question of Following Question Thres Zitriks Corp, manufactures two sizes of ceramic paperweights. regular and jumbo. The following information applies to their expectations for the planning period Cost Pool Overhead Costs Activity-cost driver Materials handling $ 45,000 90,000 orders Machine maintenance $300,000 15.000 maintenance hours Setups $270,000 30,000 setups Inspections $85.000 10.000 inspections Total support costs $200.000 Regular Estimated units to be produced 8000 10000 Cost of DM per unit S20 S30 Cost of DL per unit $10 S8 Number of orders 30000 60000 Machine Hours 6000 9000 Number of Setups 10000 20000 Number of Inspections 6000 4000 Required: Compute the total cost of two products, Regular and Jumbo using 1. Traditional costing system and machine hours is activity base to allocate OH cost of $700.000 2. ABC system to allocate OH

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

Modern Internal Auditing Continuing Professional Education CPE Edition

Authors: Robert M. Atkisson, Victor Z. Brink, Herbert N. Witt

1st Edition

0471818828, 978-0471818823

More Books

Students also viewed these Accounting questions