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Please help! This class is killing me, The complete question is in the attachment. 3/8/2017 1. Assignment Print View Award: 8.33 points Tioga Company manufactures
Please help! This class is killing me, The complete question is in the attachment.
3/8/2017 1. Assignment Print View Award: 8.33 points Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information. Units produced Material moves per product line Directlabor hours per unit Lenses 21 17 240 Mirrors 21 7 240 The total budgeted materialhandling cost is $65,520. Required: 1. Under a costing system that allocates overhead on the basis of directlabor hours, the material handling costs allocated to one lens would be what amount? 2. Under a costing system that allocates overhead on the basis of directlabor hours, the material handling costs allocated to one mirror would be what amount? 3. Under activitybased costing (ABC), the materialhandling costs allocated to one lens would be what amount? The cost driver for the materialhandling activity is the number of material moves. 4. Under activitybased costing (ABC), the materialhandling costs allocated to one mirror would be what amount? The cost driver for the materialhandling activity is the number of material moves. (For all requirements, Do not round your intermediate calculations.) 1. Materialhandling cost per lens 2. Materialhandling cost per mirror 3. Materialhandling cost per lens 4. Materialhandling cost per mirror References http://ezto.mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=1.&postSubmissionView=13252705293485543&wid=132527053537... 1/2 3/8/2017 Assignment Print View Worksheet Learning Objective: Learning Objective: 0504 Compute 0501 Compute product costs under an activitybased product costs under costing system. a traditional, volume based product costing system. Difficulty: 1 Easy Learning Objective: 0502 Explain how an activitybased costing system operates, including the use of a two stage procedure for cost assignment, the identification of activity cost pools, and the selection of cost drivers. http://ezto.mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=1.&postSubmissionView=13252705293485543&wid=132527053537... 2/2Step by Step Solution
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