Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need b2 Ch 17: Homework Question 13 of 13 0.5 / 1 !!! View Policies Show Attempt History Current Attempt in Progress Coronado Corporation manufactures

need b2
image text in transcribed
image text in transcribed
image text in transcribed
Ch 17: Homework Question 13 of 13 0.5 / 1 !!! View Policies Show Attempt History Current Attempt in Progress Coronado Corporation manufactures sates-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Coronado is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The information shown below relates to overhead. Mobile Sales Walk in Safes Units planned for production Material moves per product line 200 50 300 200 Purchase orders per product line 450 350 Direct labor hours per product line 800 1.700 (a) Your Answer Correct Answer (Used Question 13 of 13 0.5/1 The total estimated manufacturing overhead was $268,000. Under traditional costing (which assigns overhead on the basis of direct labor hours) what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, eg. 12.25.) (1) One mobile safe $ 428.80 per unit (2) One walk-in safe $ 3,644.80 per unit (61) Your answer is correct. The total estimated manufacturing overhead of $268,000 was comprised of $172,000 for materials handling costs and $96.000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, eg 12.25.) What amount of materials handling costs are assigned to: (a) One mobile safe $ 516 per unit (b) One walk-in safe $ 1376 per unit (62) * Your answer is incorrect. The total estimated manufacturing overhead of $268,000 was comprised of $172,000 for materials handling costs and $96,000 for purchasing activity costs. Under activity-based costing (ABC) (Round answers to 2 decimal places, eg. 12.25.) What amount of purchasing activity costs are assigned to: (a) One mobile safe 786 per unit (b) One walk-in safe $ 2216 per unit Taythool and Media

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

Cost Accounting

Authors: Mark Lee Inman

2nd Edition

0434908320, 978-0434908325

More Books

Students also viewed these Accounting questions

Question

Do you suggest Lisa use a PEO? Why?

Answered: 1 week ago