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Ravelo Corporation has provided the following data from its activity-based costing system: Estimated Overhead Activity Cost Pools Cost Expected Activity Assembly $513,520 51,500 machinehours Processing orders 3 61,763 1,850 orders Inspection $ 85,089 1,860 inspectionhours Data concerning the company's product L198 appear below: Annual unit production and sales 580 Annual machinehours 1,140 Annual number of orders 220 Annual inspection hours 170 Direct materials cost $52.74 per unit Direct labor cost $25.45 per unit According to the activitybased costing system, the unit product cost of product L193 is closest to: (Round your lntermedlate calculatlons to 2 declmal places.) Multiple Cholce 0 $73.19 per unit 3mm per unit 0 0 $123.86 per unit O $68.81 per unit Prev 1 of 10 Next ) 10 Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing department to be coated with sealant. Arona uses a weighted-average process cost system to collect costs in both departments. All materials in the Fabrication Department are added at the beginning of the production process. On July 1, the Fabrication Department had 30 canoes in process that were 20% complete with respect to conversion cost. On July 31, Fabrication had 20 canoes in process that were 40% complete with respect to conversion cost. During July, the Fabrication Department completed 73 canoes and transferred them to the Waterproofing Department. What are the Fabrication Department's equivalent units of production related to conversion costs for July? Multiple Choice O 65 O 8' O 103 O 93 Mc Graw 2 Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost Product Z1 Product Z8 Total Labor-related DLHS $ 132, 400 1, 800 900 2, 700 Machine setups setups 62, 430 1, 000 600 1, 600 Order size MHS 976, 450 3, 700 3, 400 7, 100 $1, 171, 280 The activity rate for the Order Size activity cost pool under activity-based costing is closest to: Multiple Choice O $65.86 per MH O $225.58 per MH O $146.32 per MH O $137.53 per MH Graw Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: 3 Direct Total Labor- Direct Expected Hours Labor- Production Per Unit Hours Product E1 900 6.0 5, 400 Product A7 60 3.0 1, 80 Total direct labor-hours 7, 200 The direct labor rate is $26.00 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product E1 $226.00 Product A7 $214.0 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Activity Overhead Pools Measures Cost Product ElProduct A7 Total Labor-related DLHs 139,900 5 ,40 1, 800 7, 200 Machine setups setups 65, 970 1,006 600 1, 600 Order size MHs 1, 031, 820 3, 100 4, 000 7, 10 $1, 237 , 690 The total overhead applied to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $1,237,707 O $596,675 O $1,225,512 O $450,523 respect to conversion costs. An additional 62,500 units were transferred In from the prior department during the month to begin processing In the Assembly Department. There were 21,000 units In the ending work In process inventory of the Assembly Department that were 60% complete with respect to conversion costs, What were the equivalent units for conversion costs in the Assembly Department for the month? 4 Elms Corporation uses the weightedaverage method In is process costing system. The Assembly Department started the month with 2,600 units In is beginning work In process Inventory that were 70% complete with Multiple Choice 0 44.100 30,900 0 0 54,880 0 56,700 ( Prev 4 of 10 Next > consisted of18.800 units The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August 5 The Rlchmond Corporation uses the welghted-average method In Its process costlng system. The company has only a single processing department The company's endlng work In process Inventory on August 31 was $2.95 for materials and $4.45 [or labor and overhead, the total cost assigned to the ending work in process inventory was: Multiple Choice 0 $139,120 $83,472 0 O $58,924 0 $105,656 6 Raider Corporation uses the weightedaverage method In Its process costing system. The Molding Department Is the second department In Its productlon process. The data below summarize the department's operations In January. Beginning work in process inventory 7,900 10% Transferred in from the prior department during January 66,000 Completed and transferred to the next department during January 65,800 Ending work In process inventory 8,100 50% The Moldlng Department's cost per equivalent unit for conversion cost for January was $3.21. How much conversion cost was assigned to the ending work In process Inventory In the Molding Department for January? Multiple Choice 0 32230870 O $26,001.00 0 $20,800.80 0 $5,200.20 M: glalw ( Prev 6 of 10 Next > materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $22,600. A total of 40.000 units were transferred out of the department during the 7 Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 11,500 units, 100% complete with respect to month. The costs per equivalent unit were computed to be $130 for materials and $3.10 for conversion costs. The total cost ofthe units completed and transferred out of the department was: Multiple Choice 0 $176,000 $162,740 $47,790 0 0 $126,400 0 In July. one ofthe processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending work in process inventory of $31,000. During the month. the cost of units transferred out from the department was $161,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the welghted-average method would be: Multiple Choice 0 557.000 $132,000 $192,000 0 0 $145,000 O ( Prev 8 of to Next > 9 Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing department to be coated with sealant. Arona uses a weighted-average process cost system to collect costs in both departments. All materials in the Fabrication Department are added at the beginning of the production process. On July 1, the Fabrication Department had 30 canoes in process that were 20% complete with respect to conversion cost. On July 31, Fabrication had 20 canoes in process that were 40% complete with respect to conversion cost. During July, the Fabrication Department completed 79 canoes and transferred them to the Waterproofing Department. What are the Fabrication Department's equivalent units of production related to materials for July? Multiple Choice 87 O 71 109 99 Mc