Several years after reengineering its production process, Kane Corporation hired a new controller, Rachael Johnson, (Click the icon to view additional information.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: Click the icon to view the additional data.) The number of parts is now a feasible allocation base because Kane recently installed a plantwide computer system. Kane produces two wheel models: Standard and Deluxe Budgeted data for the upcoming year are as follows: Click the icon to view the additional data.) Read the requirements More Info Requirement 1. Compute the total budgeted Kanec Total Budgeted Indire Budgeted Qul Activity Cost Allocatid Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cout She developed an ABC system very similar to the one used by Kane's chief rival. Part of the reason Johnson developed the ABC system was because Kane's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago Print Done Enter any number in the edit fiolets and then click Check Answer 3 parts remaining Clear All Final Check Requirement 1. Compute the total budgeted Data Table Activity Cost Allocation Rate Kanec Total Budgeted Indire Budgeted Qui Activity Cost Allocatid Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Activity Allocation Base Materials handling .... Number of parts Machine setup ..Number of setups Insertion of parts ..Number of parts Finishing Finishing direct labor hours $3.50 per part $450.00 per setup $30.00 per part $53.00 per hour Print Done Enter any number in the edit fields and then click Check Answer: 3 parts remaining Clear All Final Check es.) Data Table Requirement 1. Compute the total budgeted manufa Kane Corpora Total Budgeted Indirect Ma Budgeted Quantity Activity Cost Allocation Bas Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Standard Deluxe Parts per wheel 60 8.0 Setups per 1,000 wheels 10.0 10.0 Finishing direct labor hours per wheel 1.0 3.0 Total direct labor hours per wheel 2.7 3.3 The company's managers expect to produce 1,000 units of each model during the year. Print Done Enter any number in the edit fields and then click 3 parts remaining Clear All Final Check Several years after reengineering its production process, Kane Corporation hired a new controller, Rachael Johnson (Click the icon to view additional information.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: Click the icon to view the additional data.) The number of parts is now a feasible allocation base because Kane recently installed a plantwide computer system. Kane produces two wheel models Standard and Deluxe Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) Read the requirements Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enterthe rates to two decimal places.) Kane Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Final Check
