Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please Answer all parts fast and i will upvote if not i will downvote ! Use the following for items 40, 41 and 42. The

Please Answer all parts fast and i will upvote if not i will downvote ! image text in transcribed
image text in transcribed
image text in transcribed
Use the following for items 40, 41 and 42. The Golden Rams has identified the following overhead costs and activity drivers to apply overhead csots to products. Activity Expected Costs Setup costs $100,000 Ordering costs 40,000 Maintenance 150,000 Power 80,000 Cost Driver Expected Quantity Number of setups 250 Number of orders 1,600 Machine hours 15,000 Kilowatt hours 40,000 What is the cost driver rate for setup costs and power? $62.50 per setup: $50 per kilowatt hours. $6.67 per setup: $$5.33 per kilowatt hours. $400 per setup: $2.00 per kilowatt hours: $2.50 per setup: $320 per kilowatt hours.. Use the following for items 40, 41 and 42. The Golden Rams has identified the following overhead costs and activity drivers to apply overhead csots to products. Activity Expected Costs Setup costs $100,000 Ordering costs 40,000 Maintenance 150,000 Power 80,000 Cost Driver Expected Quantity Number of setups 250 Number of orders 1,600 Machine hours 15,000 Kilowatt hours 40,000 Product #3101 used 1 setup and 200 kilowatt hours, how must overhead costs should be assigned to Product #3101? $100 for setup: $600 for power $300 for setup: $400 for power. $400 for setup: $400 for power. $1,600 for setup: $200 for power Use the following for items 40, 41 and 42. The Golden Rams has identified the following overhead costs and activity drivers to apply overhead csots to products. Activity Expected Costs Cost Driver Expected Quantity Setup costs $100,000 Number of setups 250 Ordering costs 40,000 Number of orders 1,600 Maintenance 150,000 Machine hours 15,000 Power 80,000 Kilowatt hours 40.000 Product #3102 used 8 orders and 40 machine hours, how must overhead costs should be assigned to Product #3102? $300 for ordering costs; $400 for maintenance. $400 for ordering costs: $400 for maintenance. $1,600 for ordering costs; $200 for maintenance. $200 for ordering costs: $600 for maintenance

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

How To Secure And Audit Oracle 10g And 11g

Authors: Ron Ben-Natan, Brian E. White, Paul R. Garvey

1st Edition

1420084127, 978-1420084122

More Books

Students also viewed these Accounting questions