Question
please help with the following help ... ... 1.Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. The company is considering adopting
please help with the following
help
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1.Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product Z9 Product N0 Total
Labor-related DLHs $343,018 8,300 4,900 13,200
Product testing tests 55,247 1,350 1,450 2,800
Order size MHs 480,608 5,900 6,200 12,100
$878,873
The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to:
A. $38.10 per DLH
B. $313.88 per DLH
C. $40.92 per DLH
D. 25.99 per DLH
2.Ravelo Corporation has provided the following data from its activity-based costing system:
Activity Cost Pools
Ravelo Corporation has provided the following data from its activity-based costing system:
Estimated
Overhead
Activity Cost Pools Cost Expected Activity
Assembly $518,520 54,000machine-hours
Processing orders $64,263 2,100 orders
Inspection $87,589 2,110 Inspection-hours
Data concerning the company's product L19B appear below:
Annual unit production and sales 630
Annual machine-hours 1,190
Annual number of orders 270
Annual inspection hours 220
Direct materials cost $57.74per unit
Direct labor cost $30.45per unit
According to the activity-based costing system, the unit product cost of product L19B is closest to:(Round your intermediate calculations to 2 decimal places.)
Multiple Choice
- a.$88.19 per unit
- b.$130.68 per unit
- c.$133.93 per unit
- d.$70.65 per unit
3.Mahaley, Inc., manufactures and sells two products: Product Q9 and Product F0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours
Product Q9 870 8.7 7,569
Product F0 870 6.7 5,829
Total direct labor-hours 13,398
The direct labor rate is $22.50 per DLH. The direct materials cost per unit for each product is given below:
Direct Materials Cost per Unit
Product Q9 $175.60
Product F0 $147.40
The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product Q9 Product F0 Total
Labor-related DLHs $386,680 7,569 5,829 13,398
Machine setups setups 47,330 650 550 1,200
Order size MHs 288,200 3,800 3,600 7,400
$722,210
The unit product cost of Product F0 under activity-based costing is closest to:(Round your intermediate calculations to 2 decimal places.)
- a. $750.82 per unit
- b. $677.62 per unit
- c. $371.35 per unit
- d. $526.87 per unit
4.Belsky Corporation has provided the following data from its activity-based costing system:
Activity Cost Pools Estimated Overhead Cost Expected Activity
Assembly $999,600 68,000 machine-hours
Processing orders $101,300 2,000 orders
Inspection $138,700 1,900 inspection-hours
The company makes 450 units of product Q19S a year, requiring a total of 710 machine-hours, 42 orders, and 12 inspection-hours per year. The product's direct materials cost is $36.31 per unit and its direct labor cost is $30.05 per unit.
According to the activity-based costing system, the unit product cost of product Q19S is closest to:(Round your intermediate calculations to 2 decimal places.)
Multiple Choice
- a.$96.23 per unit
- b.$66.36 per unit
- c.$94.61 per unit
- d.$87.70 per unit
5.Bera Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:
Activity Cost Pools Activity Rate
Assembling products $3.16per assembly hour
Processing customer orders $48.53per customer order
Setting up batches $76.53per batch
Data for one of the company's products follow:
Product Q79P
Number of assembly hours' 255
Number of customer orders 45
Number of batches 71
How much overhead cost would be assigned to Product Q79P using the activity-based costing system?(Round your intermediate calculations to 2 decimal places.)
Multiple Choice
- a.$8,423.28
- b.$47,569.62
- c.$5,433.63
- d.$128.22
6.Spates, Inc., manufactures and sells two products: Product H2 and Product E0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours
Product H2 300 8.0 2,400
Product E0 300 7.0 2,100
Total direct labor-hours 4,500
The company's expected total manufacturing overhead is $276,468.
If the company allocates all of its overhead based on direct labor-hours, the overhead assigned to each unit of Product H2 would be closest to:(Round your intermediate calculations to 2 decimal places.)
Multiple Choice
- a.$68.67 per unit
- b.$54.21 per unit
- c.$122.88 per unit
- d.$491.52 per unit
7.Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product T8 Product P4 Total
Labor-related DLHs $139,700 11,000 5,500 16,500
Production orders orders 65,880 1,200 400 1,600
Order size MHs 1,030,410 3,900 3,700 7,600
$1,235,990
The total overhead applied to Product P4 under activity-based costing is closest to:(Round your intermediate calculations to 2 decimal places.)
- a.$964,530
- b.$501,646
- c.$564,703
- d.$1,096,290
8.
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