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question 32 -36 are one question with parts Remaining Time: 45 minutes, 41 seconds Question Completion Status: QUESTION 32 Cocoa Pot Corporation manufactures two models
question 32 -36 are one question with parts
Remaining Time: 45 minutes, 41 seconds Question Completion Status: QUESTION 32 Cocoa Pot Corporation manufactures two models of grooming station, Standard model and a Deluxe model T Overhead Costs $160 000, which include Selon costs of $10,000 and Component-related costs of $120,000 In Traditional Costing wstem. Total Overhead Costs are allocated based on Direct Labor Hours In Activity-based costing system number of Setups and number of Components are used as cost drivers for Setup costs and Compensated costs, scctly Other informationsbolow Number Product Number of of Number of Components Direct Labor Setups Hours Standard 3 30 050 Deluxe 7 50 150 What is the location Rate of Total Overvad Costs in Traditional Cong system? DA 1000 @ 520 C$200 DD.51.500 QUESTION 33 What is the total amount of overhead costs assigned to the Standard model in Traditional Costing? O A. $12,000 O B. $130,000 O C. $30,000 OD. $60,000 QUESTION 34 What are the two allocation rates used in the Activity-based Costing system? O A. $500, $12,000 O B. $16,000, $2,000 O C. $50, $150 O D. $4,000, $1,500 QUESTION 35 What is the total amount of overhead costs assigned to the Standard model in Activity-based Costing system? A. $4,650 O B. $103,000 O C. $130,000 O D. $57,000 QUESTION 36 In the Traditional Costing system is the Standard model Overcosted or Undercosted? O A. Neither undercosted nor overcosted B. Undercosted O C. Either undercosted or overcosted OD. Overcosted Step by Step Solution
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