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Shanghai Company sells glasses, fine china, and everyday dinnerware. It uses activity-based costing to determine the cost of the shipping and handling activity. The shipping
Shanghai Company sells glasses, fine china, and everyday dinnerware. It uses activity-based costing to determine the cost of the shipping and handling activity. The shipping and handling activity has an activity rate of $10 per pound. A box of glasses weighs 2 pounds, a box of fine china weighs 4 pounds, and a box of everyday dinnerware weighs 6 pounds. a Determine the shipping and handling activity cost to be allocated to each unit of product. Glasses Fine China Everyday dinnerware b Determine the total shipping and receiving costs to be allocated to the fine china if 3,000 boxes are shipped. Compute conversion costs given the following data: direct materials, $361,800; direct labor, $208,200; factory overhead, $204,200 and selling expenses, $39,900. Oa. $412,400 Ob. $164,300 Oc. $566,000 Od. $774,200 The Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 2,180 liters in beginning work in process inventory (30% complete). During the period 63,600 liters were completed. The ending work in process was 5,610 liters (70% completed). All inventories are costed by the first-in, first-out method. What is the total equivalent units for direct materials (using the FIFO method) if materials were added at the beginning of the process? equivalent units
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