Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Silver Company manufactures several different products and uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost

image text in transcribedimage text in transcribedimage text in transcribed

Silver Company manufactures several different products and uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost pool Total cost Total activity Assembly $ 266,000 14,000 machine-hours Processing orders $ 86,400 3,600 Orders Inspection $ 18,630 2,300 inspection-hours The annual production and sales of one of its products, the Zinger, are 1,000 units. The following data relate to the production and sales of Zingers in the most recent year: The annual production and sales of one of its products, the Zinger, are 1,000 units. The following data relate to the production and sales of Zingers in the most recent year: Annual machine hours Annual number of orders Annual number of inspection hours Direct materials cost per unit Direct labour cost per unit What is the average cost of one Zinger? 850 125 100 $112.50 $62.70 O A. $19.96 O B. $155.24 C. $226.30 D. $195.16 Which one of the following manager responsibilities encompasses the other three? O A. Controlling OB. Planning O C. Decision-making OD. Feedback

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

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

Auditing and Assurance Services

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

6th edition

978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343

More Books

Students also viewed these Accounting questions

Question

=+how much operating income would decline.

Answered: 1 week ago

Question

3. Provide time for independent and extended projects.

Answered: 1 week ago