Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PA4-2 (Algo) Assigning Costs Using Traditional System, Assigning Costs Using Activity Proportions (LO 4-1, 4-3, 4-5, 4-6) Carlise Corp., which manufactures ceiling fans, currently has

image text in transcribed

PA4-2 (Algo) Assigning Costs Using Traditional System, Assigning Costs Using Activity Proportions (LO 4-1, 4-3, 4-5, 4-6) Carlise Corp., which manufactures ceiling fans, currently has two product lines, the Indoor and the Outdoor. Carlise has total overhead of $133,472 Carlise has identified the following information about its overhead activity cost pools and the two product lines: Cost Quantity/Amount Quantity/Amount Assigned consumed by Indoor Consumed by Outdoor Activity Cost Pools Cost Driver to Pool Line Line Materials handling Number of moves $20,592 610 moves 430 moves Quality control Number of inspections $76,380 6,300 inspections 5,100 inspections Machine maintenance Number of machine hours $36,500 29,000 machine hours 22,000 machine hours Required: 1. Suppose Carlise used a traditional costing system machi hours as ver. Detern ount assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Indoor Model Outdoor Model Total Overhead Assigned $ 74,760 $ 58,740 $ 133,500 2. Calculate the activity proportions for each cost pool in Carlise's ABC system. (Round your answers to 2 decimal places.) Indoor Line Materials Handling Quality Control Machine maintenance Activity Proportions Outdoor Line % % per Move % % per Inspection % % per Machine Hour

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_2

Step: 3

blur-text-image_3

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

Auditing Concepts For A Changing Environment With IDEA Software

Authors: Larry E. Rittenberg, Bradley J. Schwieger

4th Edition

0387321500, 978-0324180237

More Books

Students also viewed these Accounting questions

Question

=+ (a) Prove Cantelli's inequality P[X-mzalso2+a2' G2 @0.

Answered: 1 week ago

Question

please dont use chat gpt 4 .

Answered: 1 week ago

Question

=+a. Write two different, but related, headlines.

Answered: 1 week ago