Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Paparo Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Assembly Processing orders Inspection Total Cost $ 846,940 $ 64,056

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Paparo Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Assembly Processing orders Inspection Total Cost $ 846,940 $ 64,056 $ 102,408 Total Activity 52,000 machine-hour's 1,700 orders 1,360 inspection-hour's Data concerning the company's product Q79Y appear below. Annual unit production and sales Annual machine-hours Annual number of orders Annual inspection hours Direct materials cost Direct labor cost 450 1,080 70 20 $ 44.00 per unit $ 41.63 per unit According to the activity-based costing system, the average cost of product Q79Y is closest to: Multiple Choice 5133.29 per unit $129.94 per unit S85.03 per unit 5127.43 per unit B Lyslak Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs equipment depreciation and supervisory expense are allocated to three activity cost pook- Machining. Order Filling, and Other based on resource consumption. Data to perform these allocations appear below. overhead costs: Equipment depreciation Supervisory expense $ 47,000 $ 6,000 ok Distribution of Resource Consumption Across Activity Cost Pools: Activity cost Pools Order Filling 0.10 0.20 Machining 0.60 0.60 Equipment depreciation Supervisory expense other 0.30 0.20 In the second stage. Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Orders (Order Filling) 206 800 MHS (Machining) 6,900 3,100 10,000 Product C9 Product Total 1,000 What is the overhead cost assigned to Product C9 under activity-based costing Product C9 Product ve Total MHS (Machining) 6,900 3,100 10,000 Orders (Order Filling) 200 800 1,000 What is the overhead cost assigned to Product C9 under activity-based costing? Multiple Choice $26.500 51180 $23.122 521.942 Wedd Corporation uses activity based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing. $27200, Supervising. $9200 and Other, $9.500. Processing costs are assigned to products using machine hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to produce Activity data appear below. Product 06 Product D7 Total MHS (Processing) 9,200 10, see 20, eee Batches (Supervising) 500 1,500 2,000 What is the overhead cost assigned to Product O6 under activity-based costing? Muliple Choice $14,837 $23.000 52.325 512.512 Help Save En Addleman Corporation has an activity-based costing system with three activity cost pools-Processing. Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and Indirect labor are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow. overhead costs: Equipment expense Indirect labor $ 73,000 $ 1,000 Distribution of Resource Consumption Across Activity Cost Pools: Activity cost Pools Processing Supervising @.20 0.10 0.20 0.2e other Equipment expense Indirect labor 0.70 0.60 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow. Activity Batches (Supervising) 100 900 MHS (Processing) 7,600 2,400 10,000 Product 13 Product HB Total 1,000 Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins. Sales and Direct Cost Data Sales (total) Direct materials (total) Direct labor (total) Product W $ 159,500 $ 65,300 $ 77,800 Product H3 $ 154, 102 $ 55, 560 $ 84, 162 What is the product margin for Product H3 under activity-based costing? Marble Choice With the following sales and direct cost data to determine product margins. Sales and Direct Cost Data: Sales (total) Direct materials (total) Direct labor (total) Product WB $ 159,500 $ 66,300 $ 77,800 Product H3 $ 154,100 $ 55,300 $ 84,100 What is the product margin for Product HB under activity-based costing? Multiple Choice $4.39 536.300 O O $14.700 $10,549

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

Advanced Digital Auditing Theory And Practice Of Auditing Complex Information Systems And Technologies

Authors: Egon Berghout, Rob Fijneman, Lennard Hendriks, Mona De Boer, Bert-Jan Butijn

1st Edition

3031110889, 978-3031110887

More Books

Students also viewed these Accounting questions

Question

Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 1 week ago

Question

9. Describe the characteristics of power.

Answered: 1 week ago

Question

10. Describe the relationship between communication and power.

Answered: 1 week ago