Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 44 Accountants denied the following three activities and related cost drivers for indirect manufacturing costs for a small corde Material handling Engineering Cost Driver

image text in transcribed

QUESTION 44 Accountants denied the following three activities and related cost drivers for indirect manufacturing costs for a small corde Material handling Engineering Cost Driver Direct materials cost Engineering change notices Kilowatt hours Estimated Cost $ 8,200 $20,000 $16,000 Three types of cordless vacuums are produced: A, B, and C. Direct costs and cost-driver activities for each product for a recent period Direct materials cost Direct labour cost Kilowatt hours Engineering change notices A $30,000 15,000 24,000 5 B $75,000 15,000 10,000 8 $100,000 25,250 30,000 3 Total $205,000 $ 55,250 64,000 16 a. Compute the indirect manufacturing cost (overhead) allocated to each product with the activity-based costing system. (8 mark b. Suppose all indirect manufacturing costs (overhead) had been allocated to products proportion to their direct-labour costs marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CISA Certified Information Systems Auditor Bundle

Authors: Peter H. Gregory

1st Edition

1260459861, 978-1260459869

More Books

Students also viewed these Accounting questions

Question

How many moles of water are there in 1.000 L? How many molecules?

Answered: 1 week ago

Question

What steps should be taken to address any undesirable phenomena?

Answered: 1 week ago