Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please need help ASAP!! Carlise Corp., which manufactures ceiling fans, currently has two product lines, the Indoor and the Outdoor. Carlise has total overhead of

Please need help ASAP!!
image text in transcribed
image text in transcribed
Carlise Corp., which manufactures ceiling fans, currently has two product lines, the Indoor and the Outdoor. Carlise has total overhead of $1 Carlise has identified the following information about its overhead activity cost pools and the two product lines: Cost Assigned to Pool S 21,473 s 87,980 S 37,440 Quantity/Amount Consumed Quantity/Amount Consum Activity Cost Pools Materials handling Quality control Machine maintenance Cost Driver Number of moves Number of inspections Number of machine hours by Indoor 580 moves 6,200 inspections 22,000 machine hours 510 moves 4,400 inspections 26,000 machine hours Required 1. Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to eac product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Overhead Ass Indoor Model Outdoor Model Total 2. Calculate the activity proportions for each cost pool in Carlise's ABC system. (Round your answers to 2 decimal places.) Activity Proportions Indoor Line Outdoor Line Materials Handling Quality Control Machine maintenance % |per Move % per Machine Hour 3. Calculate the amount of overhead that Carlise wil assign to the Indoor ine if it uses an ABC system (Round your intermediate calculations t decimal places and round your final answers to the nearest whole dollar amount.) Indoor Model Materials Handling Quality Control

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions