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pls indicate the formula and explain Both products pass through Machining, Set-up and Inspection Departments. The departments' combined manufacturing overhead costs: P Machining costs Setup
pls indicate the formula and explain
Both products pass through Machining, Set-up and Inspection Departments. The departments' combined manufacturing overhead costs: P Machining costs Setup costs Inspection costs 375,000 120,000 105,000 Whereas, the activity cost drivers are machine hours, number of production runs and inspection hours, respectively. Using the activity based costing of computing the overhead costs, how much is the total manufacturing costs of mathematical calculator Select one: O a. P745,000 b. P625,000 c. P1,200,000 O d. P455,000 The following are the costs incurred by ABC Company: Product advertising 20,000 Fire insurance premium for factory 5,000 Electricity of sales office 2,000 Lubricating oil for sewing machines 4,000 Foam cushions used in production 32,000 Assembly line workers' wages 46,000 Rent of factory building 10,000 Freight-out 6,000 Salary of the company president 25,000 Property taxes, corporate headquarters 3,000 What amount of these costs would be considered as product costs? Select one: O a. P97,000 b. P153,000 O c. P56,000 d. P103,000 HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Material handling Material insertion Automated machinery Finishing Packaging Total Cost $ 225,000 2,475,000 840,000 170,000 170,000 $3.880,000 Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped The following information pertains to the three product lines for next year: Economy Standard Deluxe Units to be produced 10,000 5,000 2,000 Orders to be shipped 1,000 500 200 Number of parts per unit 10 15 25 Machine hours per unit 1 3 5 Labor hours per unit 2 2 2 What is HiTech's pool rate for the automated machinery activity? Select one: a. $24.50 per labor hour. b. A rate other than those listed above. c. $50.00 per machine hour. O d. $49.42 per unit. e. $24.00 per machine hour. Both products pass through Machining, Set-up and Inspection Departments. The departments' combined manufacturing overhead costs: P Machining costs Setup costs Inspection costs 375,000 120,000 105,000 Whereas, the activity cost drivers are machine hours, number of production runs and inspection hours, respectively. Using the activity based costing of computing the overhead costs, how much is the total manufacturing costs of mathematical calculator Select one: O a. P745,000 b. P625,000 c. P1,200,000 O d. P455,000 The following are the costs incurred by ABC Company: Product advertising 20,000 Fire insurance premium for factory 5,000 Electricity of sales office 2,000 Lubricating oil for sewing machines 4,000 Foam cushions used in production 32,000 Assembly line workers' wages 46,000 Rent of factory building 10,000 Freight-out 6,000 Salary of the company president 25,000 Property taxes, corporate headquarters 3,000 What amount of these costs would be considered as product costs? Select one: O a. P97,000 b. P153,000 O c. P56,000 d. P103,000 HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Material handling Material insertion Automated machinery Finishing Packaging Total Cost $ 225,000 2,475,000 840,000 170,000 170,000 $3.880,000 Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped The following information pertains to the three product lines for next year: Economy Standard Deluxe Units to be produced 10,000 5,000 2,000 Orders to be shipped 1,000 500 200 Number of parts per unit 10 15 25 Machine hours per unit 1 3 5 Labor hours per unit 2 2 2 What is HiTech's pool rate for the automated machinery activity? Select one: a. $24.50 per labor hour. b. A rate other than those listed above. c. $50.00 per machine hour. O d. $49.42 per unit. e. $24.00 per machine hourStep by Step Solution
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