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Month Analytic Costs Robotic Hours IT Processing Costs Quality Control Costs AI Blockchain Requests Component Costs 1 $125,095 3,138 $25,023 $13,474 471 $16,839 2 $116,910
Month | Analytic Costs | Robotic Hours | IT Processing Costs | Quality Control Costs | AI Blockchain Requests | Component Costs |
1 | $125,095 | 3,138 | $25,023 | $13,474 | 471 | $16,839 |
2 | $116,910 | 3,138 | $23,380 | $18,363 | 471 | $22,951 |
3 | $166,942 | 6,071 | $33,388 | $44,266 | 908 | $55,328 |
4 | $133,488 | 3,593 | $26,698 | $19,832 | 544 | $24,788 |
5 | $114,512 | 2,529 | $22,906 | $19,530 | 382 | $24,413 |
6 | $134,850 | 4,808 | $26,973 | $15,462 | 723 | $19,317 |
7 | $162,932 | 7,186 | $32,590 | $37,765 | 1,080 | $47,209 |
8 | $130,838 | 4,353 | $26,168 | $23,288 | 657 | $29,104 |
9 | $141,863 | 5,668 | $28,371 | $20,923 | 847 | $26,147 |
10 | $167,815 | 6,883 | $33,564 | $26,561 | 1,043 | $33,203 |
11 | $136,969 | 4,302 | $27,397 | $15,751 | 648 | $19,678 |
12 | $159,443 | 5,210 | $31,889 | $34,148 | 792 | $42,680 |
13 | $137,486 | 4,858 | $27,501 | $27,823 | 740 | $34,782 |
14 | $162,085 | 5,110 | $32,418 | $39,335 | 774 | $49,164 |
15 | $107,048 | 2,682 | $21,408 | $9,508 | 403 | $11,890 |
Totals | $ 2,098,276 | 69,529 | $ 419,674 | $ 366,029 | 10,483 | $ 457,493 |
Milo & Webster Engine Propulsion Corp. utilizes one summary MO account in its single POR calculation (based on DL dollars). The account is comprised of fixed and variable manufacturing overhead elements. What is the amount of under-or averapplied overhead for the MO account? Complete the GL MO account. Prepare the necessary journal entry to dispose of under-or gverapplied overhead assuming both materiality and non- materiality for the end of the first quarter as required by FASB for reporting compliance? Problem 2 - 40 Points: Cooper Bederman Analytic & Blagen Products is trying to predict their Analytic costs based on the amount of robotic- hours its production lines encounter monthly company's IT data repository reflects 15 months of actual activity. Additionally, these analytic experiences dictate that parts are also needed in the operations. There are also issues related to development requests, IT processing costs for multiple setups, and quality control costs. Similarly, Cooper Redecmon management is interested if they can predict their Component costs related to the robotic- hours Complete the analysis using the data on the Excel worksheet utilizing both the regression approach and the high-low method. Assume there are no statistical outliers. Provide the results for high-low in the y = a + bx format. Calculate the predicted operational and material costs for 5,025 robotic hours using the regression determined slope and intercept. Indicate if they are reasonable given the regression results. otv Milo & Webster Engine Propulsion Corp. utilizes one summary MO account in its single POR calculation (based on DL dollars). The account is comprised of fixed and variable manufacturing overhead elements. What is the amount of under-or averapplied overhead for the MO account? Complete the GL MO account. Prepare the necessary journal entry to dispose of under-or gverapplied overhead assuming both materiality and non- materiality for the end of the first quarter as required by FASB for reporting compliance? Problem 2 - 40 Points: Cooper Bederman Analytic & Blagen Products is trying to predict their Analytic costs based on the amount of robotic- hours its production lines encounter monthly company's IT data repository reflects 15 months of actual activity. Additionally, these analytic experiences dictate that parts are also needed in the operations. There are also issues related to development requests, IT processing costs for multiple setups, and quality control costs. Similarly, Cooper Redecmon management is interested if they can predict their Component costs related to the robotic- hours Complete the analysis using the data on the Excel worksheet utilizing both the regression approach and the high-low method. Assume there are no statistical outliers. Provide the results for high-low in the y = a + bx format. Calculate the predicted operational and material costs for 5,025 robotic hours using the regression determined slope and intercept. Indicate if they are reasonable given the regression results. otv
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