Mayeux Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity-based costing system: Costs: Wages and salaries Depreciation Utilities $ 320,000 160,000 240,000 $ 720,000 Total Distribution of resource consumption: Wages and salaries Depreciation Utilities Activity Cost Pools Assembly Setting Up 508 408 108 558 158 508 Other 105 356 350 Total 1000 1008 1008 How much cost, in total, would be allocated in the first-stage allocation to the Setting Up activity cost pool? Multiple Choice $288,000 How much cost, in total, would be allocated in the first-stage allocation to the Setting Up activity cost pool? Multiple Choice $288,000 0 $348,000 $336,000 $360,000 Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: $ 178 0 3,110 2,940 170 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Pixed manufacturing overhead Fixed selling and administrative $ $ $ $ 47 50 11 21 $ 99,520 $ 8,820 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing. e. Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. Required E Required A Required B Required D Required C What is the unit product cost for the month under variable costing? tion costing net operating incom Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E What is the unit product cost for the month under variable costing? Cost Per Unit Variable costing month using variable costing. d. Prepare an Income statement for the month using absorption costing. e. Reconcile the variable costing and absorption costing net operating Incomes for the month. Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E Prepare a contribution format Income statement for the month using variable costing. Variable Coating Income Statement Variable expenses: Fixed expenses: ble cosung me statement for the month using absorption costing. e. Reconcile the variable costing and absorption costing net operating Incomes for the month. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Prepare an Income statement for the month using absorption costing. Absorption ng Income Statement Gross margin Selling and administrative expenses: Net operating income Pixed selling and administrative $ 8,820 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format Income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing. e. Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Reconcile the variable costing and absorption costing net operating Incomes for the month. Reconciliation of Variablo Costing and Absorption Conting Net Operating Incomes Variable costing net operating income (loss) Absorption costing net operating income (loss) 12 of 16
