Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question Carta Ine has the following information available 0.154 points Cords from WIPO 2020) Cura Costach 2010) Date $2.000 $12.000 Credits $6,000 395.000 At the

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Question Carta Ine has the following information available 0.154 points Cords from WIPO 2020) Cura Costach 2010) Date $2.000 $12.000 Credits $6,000 395.000 At the beginning of the period (on Feb 1, 2020), there were 500 units in process that were 60% completo as to conversion costs. During the period, 4500 units were Marted and completed ending inventory (Feb 20.2020) contained 340 units that were 30% complete Materials couts are added at the beginning of the process. The company was the FIFO process contine metod The cost of completing a un material cost per equivalent una conversion cont per equivalent unl) during the previous parled (Jan 2020) was $2400 53000 $400 $20.00 Question 25 of 26 Question 25 0.9154 points Scoresby Co uses 6 machine hours and direct labor hours to produce Product X It uses machine hours and 16 direct labor hours to produce Product Y Scoresby's Assembly and Finishing departments have factory overhead rates of $240 per machine hour and S160 per direct labor hour, respectively How much overhead cou will be charged to the two products? O Product X -51.440. Product Y $2.560 Product X=$1,760, Product Y - $4,000 Product X-51,760, Product Y-$4,480 Product X-$3,200, Product Y-59,600 Question 25 of 26 Question 25 0.9154 points Scornby Co uses 6 machine hours and direct labor hours to produce Product X. It uses machine hours and 16 direct labor hours to produce Product Y Scoresby's Assembly and Finishing departments have factory overhead rates of $240 per machine hour and S160 per direct labor hour, respectively How much overhead cou will be charged to the two products? O Product X -51.440. Product Y $2.560 O Product X-S1,760, Product Y-$4,000 Product X - 51,760, Product Y-$4480 Product X - $3,200, Product Y59,600 stion 28.02 Question 26 0.0154 points The Raumajet actory produces two products table lamps and desk lamps. It has two separate departments Finishing and Production. The overhead budget for de Fish Department is $550,000, using 500.000 direct labor hours. The overhead budget for the Production Department is $400.000 using 80.000 direct labor hours of the bodge estimates that table lamp will require 2 hours of finishing and I hours of production, how much factory overhead will the Kaumajet Factory allocate to each unit of table lamp wing the multiple production department factory overhead rate method with an allocation base of direct labor hours? O $7.20 $4.91 O $6.33 O $5.00

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

Recommended Textbook for

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

Students also viewed these Accounting questions