Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. Activity Materials Assembling Packaging Est. Indirect Activity Costs $85,000 Allocation base Material

image text in transcribed

OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. Activity Materials Assembling Packaging Est. Indirect Activity Costs $85,000 Allocation base Material moves $265,000 $110,000 Machine hours # of finished units Cost allocation rate $4/move $11/machine hour $1/finished unit The following parts were produced in October with the following information. The company incurs no direct labor costs. Part Produced Materials Costs A 2,350 $3,200 B 2,000 $8,500 C 4,950 $10,000 Total manufacturing costs for part B is OA. $21,875 OB. $23,875 OC. $13,375 OD. $15.375 #Moves 800 1.900 2,200 Machine Hrs. 250 525 1,100

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

Financial and Managerial Accounting the basis for business decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

17th edition

007802577X, 978-0078025778

More Books

Students also viewed these Accounting questions

Question

How does feedback help or hinder communication?

Answered: 1 week ago