managerial accounting
Woolioongabba Lighting operates one central plant that has two divisions, the Night light Division and the HalJght Division. The following data apply to the coming bu dget year: Budgeted costs of operating the plant for 2000 to 3000 hours: Fixed operating costs per year $900 000 Variable ope rating costs $1200 per hour Budgeted long-run usage per year: Night Light Division 2000 hours Halt'Light Division 500 hours Practical capacity 3000 hours Assume that practice! capacity is used to calculate the allocation rates. Actual usage for the year bythe Night Eight Division was 1400 hours and by the HalFLight Division was 600 hours. If a dual-rate cost-allocation method is used, what amount of cost will be allocated to the HaifLight Division? Assume budgeted usage is used to allocate xed operating costs and actual usage is used to aliocate variable operating costs. 0 5'50 000 O 5370 con 0 3900 con 0 5730 con Canberra Home Appliances selis a refrigerator and a freezer as a single package for $1 100. Other data are in the chart below. Refrigerator Fullsize Freezer Packaged Price Selling price $925 $450 $1100 Manufaming oust permit $520 $220 Standalarm product $1 225 000 $775 000 revenues Using the standalone method with manufacturing cost per unit as the weight for revenue allocation; what amount will be allocated to the refrigerator? 0 $520.00 0 $500.00 0 $512.50 0 $311.90 The Outback Aerial Medicorp has a central materials area {EMA}. The EMA has onlyr two users, the Large Plane Department and the Small Plane Department. The following data apply to the coming budget year: Budgeted costs of operating the CMAfor 1'0 000 to 20 000 technician hours peryeor. Fixed costs per year $600 00!] Variable costs $100 per technician hour Budgeted long-run usage in hours per year: Large Plane Department 9000 technician hours Small Plane Department 7000 technician hours Budgeted amounts are used to calculate the allocation rates. Actual usage for the year byihe Large Plane Department was 7500 technician hours and by the Small Plane Department was 6500 technician hours. If a dual-rate cost-allocation method is used, what amount of (MA costs will be budgeted for the Large Plane Department? 0 s1 23:' 500 O 51 830 one 0 $1 500 one 0 $322 500 Adelaide Educational Software Outlet sells two or more of the video games as a single package. Managers are keenly interested in individual productprotability gures. Info rmation pertaining to three bundled products and the standalone prices is as follows: StandAlone Cost Package Packaged Selling Price Prioe Reading Fun $55 $7.20 1. Reading Fun :9: Mail: $98 Fun Math Fun $65 $3.00 2. Heading Fun 3: Science $122 Science $95 $10.00 3. All three $152 Using the standalone method with selling price as the weight for revenue allocation, what amount of revenue will be allocated to Reading Fun in the rst package (Reading Fun 8' Math Fun)? 0 $33.50 0 $44.91 0 $55 0 $40
