Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Starbright manufactures child car seats, strollers, and baby swings. Starbright's manufacturing costs are budgeted as follows: Factory utilities: $95,000 Factory foremen salaries: $94,000 Machinery setup
Starbright manufactures child car seats, strollers, and baby swings. Starbright's manufacturing costs are budgeted as follows: Factory utilities: $95,000 Factory foremen salaries: $94,000 Machinery setup costs: $38,000 Total manufacturing overhead: $227,000 The company uses activity-based costing to allocate its manufacturing overhead costs to products based on the following schedule: Overhead Cost Factory Utilities Factory foremen salaries Setup costs Allocation Base Direct labor-hours Machine hours Number of production runs Estimated Activity Level 15,140 19,650 179 During the current month, the following levels of activities were incurred: Direct Labor Costs Direct Labor Hours Machine Hours Production Runs Units Produced Car Seats $ 41,040 4,560 5,850 45 1,000 Strollers $ 71,100 7,900 9,600 78 3,800 Baby Swings $ 24,120 2,680 4,200 56 1,130 Total $ 136,260 15,140 19,650 179 5,930 What are the factory foremen salaries allocated to Car Seats during the current month? (Do not round intermediate calculations. Round your answer to the nearest dollar)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started