Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE ANSWER ALL THREE QUESTION!! Thank you! Starbright manufactures children car seats, strollers, and baby swings. Starbright's manufacturing costs are budgeted as follows Factory utilities

image text in transcribedimage text in transcribedimage text in transcribed

PLEASE ANSWER ALL THREE QUESTION!! Thank you!

Starbright manufactures children car seats, strollers, and baby swings. Starbright's manufacturing costs are budgeted as follows Factory utilities $95,000 Factory foremen salaries $93,000 Machinery setup costs $37,000 Total manufacturing overhead $225,000 The company uses activity-based costing to allocate its manufacturing overhead costs to products based on the following schedule Overhead Cost Factory Utilities Factory foremen salaries Machine hours Allocation Base Direct labor hours Machine hours Number of production runs Estimated Activity Level 15,060 19,300 175 During the current month, the following levels of activities were incurred Baby Total Car Seats Strollers Swings Direct Labor Costs Direct Labor Hours Machine Hours Production Runs Units Produced $ 74,910 4,540 5,800 45 1,800 $129,525 44,055 $248,490 15,060 19,300 175 6,610 7,850 9,400 76 3,700 2,670 4,100 54 1,110 What are the setup costs allocated to Strollers during the current month? (Do not round intermediate calculations. Round your answer to the nearest dollar.) What are the factory foremen salaries allocated to Car Seats during the current month? (Do not round intermediate calculations Round your answer to the nearest dollar.) What are the factory utilities costs allocated to Baby Swings during the current month? (Do not round intermediate calculations Round your answer to the nearest dollar)

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

Computers Electronics And High Tech Industry Irs Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304133834, 978-1304133830

More Books

Students also viewed these Accounting questions