Answered step by step
Verified Expert Solution
Question
1 Approved Answer
O&G Company manufactures console tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each console tables consists of 20 separate parts
O&G Company manufactures console tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each console tables consists of 20 separate parts totaling $190 in direct materials and requires 4 hours of machine time to produce. Additional information follows: Activity Materials handling Machining Assembling Packaging What is the cost of assembling per console table? OA. $20 OB. $14 C. $40 O D. $12 Allocation Base Number of parts Machine hours Number of parts Number of finished units ... Cost Allocation Rate $2.00 per part $4.50 per machine hour $1.00 per part $7.00 per finished unit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started