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COTB MC Qu, 1.92 (Static) Assume (1) the direct labor cost... Assume (1) the direct labor cost of $40,000 is 25% of total conversion costs and 40% of total peime costs, (2) the total selling and adiministratve oxpense is $62,000, (3) the only variable selling and administrative expense is sales commissions of 43 s of sales. (4) all manutacturing ovenend costs are fixnd costs, and (5) there are no beginning or encing inventorios: What is the total drect materials cost? Musege choice 5100,000 $60,000 520,000 5160,000 COTB MC Qu. 7-41 (Static) Assume a company has a plantwide... Assume a company has a plantwide overneod rate of $20 per machine hour: Recently, the company experimented with an ABC system that bioke down. its total overhead of $400.000 into various cost pooss incluoing one taled "Machining" that was assigned to products using machice hours, One product called the 'widget' consumed two machine hous and was assigned a total of 510 of overhesd from the 'Machining' cost pool. What is the total amount. of overbeod cost included in the Machining activity based cost poor? Mupipe Choice $100.000 131.000 512.000 480900 TB Problem Qu. 7-201 (Algo) Musich Corporation has an activity-based ... Musich Corporation has an activity-based costing system with three activity cost pools-Machining, Setting Up, and Other, The compary's overhead costs, which consist of equipmen depreciation and indirect lobor, have been allocated to the cost poobs aheacy and are provided in the table below Costs in the Machining cost pool are assigned to products based on machine-hours (M-is) and costs in the Seting Up cost pool are assigned to products based on the number of batches. Costs in the Oher cost pool are not assigned to products. Data conceming the fwo products and the company's costs appear belows Required: a. Calculste activity rates for each activity cost pool using activity-based costeng. b. Determine the amount of ovedhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using actility based costing. Complete this question by entering your answers in the tabs below. Required: 1. Calculate activity rates for each activity cost pool using activity-based costing. 2. Determine the amount of overhead cost that would be assigned to each product using activity-based costing . Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Calculate activity rates for each activity cost pool using activity-based costing. (faund your anewers to 2 deamal places.)
