Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scottso Enterprises has identified the following overhead costs and cost drivers for the coming year Budgeted Activity Level 12,500 10,000 2,500 400 Overhead Item Quality

image text in transcribed

Scottso Enterprises has identified the following overhead costs and cost drivers for the coming year Budgeted Activity Level 12,500 10,000 2,500 400 Overhead Item Quality Material handling Engineering Machine setup Cost Driver Number of inspections Number of material moves Engineering hours Setup hours Budgeted Cost $250,000 170,000 100,000 40,000 Budgeted direct labor cost was $200,000 and budgeted direct material cost was $800,000. The following information was collected on three jobs that were completed during the month: Job B-32 $18,000 $ 8.000 Job A-28 $28,000 $4,000 Job A-15 $15,000 $4,000 Direct materials Direct labor 300 100 200 Units completed Number of inspections Number of material moves 20 10 20 80 20 60 10 50 10 Engineering hours Number of setups 8 5 the company uses activity-based costing (ABC), how much overhead cost should be assigned to Job B-32? O $3,480. O $2,960. O $4,200. $2,600. 1 pts

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

Audit Accountability And Government

Authors: Fidelma White, Kathryn Hollingsworth

1st Edition

0198262329, 978-0198262329

More Books

Students also viewed these Accounting questions

Question

11.3 What factors are involved in team composition?

Answered: 1 week ago

Question

4-4. How does ethics differ from corporate social responsibility?

Answered: 1 week ago

Question

Discuss all branches of science

Answered: 1 week ago

Question

9. Describe the characteristics of power.

Answered: 1 week ago

Question

3. Identify and describe nine cultural value orientations.

Answered: 1 week ago