Marigold Co. incurs $530000 of overhead costs each year in its three main departments, setup ($40000),...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6658175200373_16966581751ee628.jpg)
Transcribed Image Text:
Marigold Co. incurs $530000 of overhead costs each year in its three main departments, setup ($40000), machining ($402000), and packing ($88000). The setup department performs 40 setups per year, the machining department works 8000 hours per year, and the packing department packs 200 orders per year. Information about Marigold's 2 products is as follows: Product One Product Two Number of setups 30 10 Machining hours 3000 5000 Orders packed 120 80 Using ABC, how much overhead is assigned to Product One each year? $530000 $265000 $296450 $233550 Marigold Co. incurs $530000 of overhead costs each year in its three main departments, setup ($40000), machining ($402000), and packing ($88000). The setup department performs 40 setups per year, the machining department works 8000 hours per year, and the packing department packs 200 orders per year. Information about Marigold's 2 products is as follows: Product One Product Two Number of setups 30 10 Machining hours 3000 5000 Orders packed 120 80 Using ABC, how much overhead is assigned to Product One each year? $530000 $265000 $296450 $233550
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
The assembly shown has a mass of 6 kg and consists of 4 thin 400-mmdiameter semicircular aluminum plates welded to a light 1-m-long shaft AB. The assembly is at rest ( = 0) at time t = 0 when a...
-
Jayhawk Oil Company obtained seismic equipment on January 1, 2014, at a cost of $100,000. The equipment was used in G&G operations for calendar year 2014. The equipment has an estimated life of 10...
-
The Hiro Corporation sells two brands of wine glasses: Plain and Chic. Hiro provides the following information for sales in the month of June 2014: Static-budget total contribution margin .......$...
-
Instructions Willow Creek Nursery, with an authorization of 78,000 shares of preferred stock and 200,000 shares of common stock, completed several transactions involving its stock on October 1, the...
-
Calculation of Rd Identify all long - term borrowings used for CAPEX purposes. These are usually loans, bonds, notes or leases. You will need to use the publicly available information as an...
-
States and womens rights regarding reproductive decision have been further shaped and defined by a number of landmark rulings. In 1992, in Planned Parenthood v. Casey, the Supreme Court nearly...
-
Independent practice association (IPA) models provide care to subscribers through contracts with independent physicians.
-
Wrongful birth, wrongful life, and wrongful conception have led to a variety of lawsuits. Wrongful birth actions claim that, but for breach of duty by the defendant, a child would not have been...
-
What do you see as the biggest advantages and disadvantages of your groups organization design? Form small groups of three or four students each. Assume that your group is the board of directors of a...
-
Euthanasia is the mercy killing of the hopelessly ill, injured, or incapacitated. Euthanasia is complex, and the legal system must maintain a balance between ensuring that the patients constitutional...
-
A box with an unknown mass is hanging from two ropes as shown to the right. If the tension in each rope is 73.5 Newtons, calculate the mass of the box. Tension in each rope = 73.5N
-
Study Exhibit 10-2. Suppose the annual cash inflow will be 2 , 500 r a t h e r t h a n 2 , 500 r a t h e r t h a n 2 , 500 r a t h e r t h a n 2 , 500 r a t h e r t h a n 2,000. What is the internal...
-
Fill in the blanks: 8 NUMBER OF YEARS 18 28 Amount of annual cash inflow* $10,000 $ 7,000 Required initial investment $80,000 $29,099 Internal rate of return 18% 16% % Minimum desired rate of return...
-
The University of Toronto Faculty of Applied Science and Engineering is considering the purchase of a special-purpose machine for $60,000. It is expected to have a useful life of three years with no...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App