Strama, Inc , manufactures and sells two products Product A6 and Product I5 The company has an activity based costing system with the following activity cost pools, activity measures, and expected activity Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product A6 Product I5 Total Labor related DLHs $ 198,138 8,900 3,500 12,400 Production orders orders 48,124 1,250 1,450 2,700 Order size MHs 190,147 6,300 6,400 12,700 $ 436,409 The activity rate for the Order Size activity cost pool under activity based costing is closest to rev 03 25 2018 QC CS 119201 Multiple Choice $19 39 per MH $56 61 per MH $35 19 per MH $14 97 per MH Gelinas, Inc , manufactures and sells two products Product S5 and Product L3 Expected production of Product S5 is 500 units and of Product L3 is 700 units The company has an activity based costing system with the following activity cost pools, activity measures, and expected activity Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product S5 Product L3 Total Labor related DLHs $ 286,741 3,500 5,600 9,100 Production orders orders 40,384 300 500 800 Order size MHs 463,730 4,000 3,900 7,900 $ 790,855 The overhead applied to each unit of Product L3 under activity based costing is closest to (Round your intermediate calculations to 2 decimal places ) Senff Corporation uses the following activity rates from its activity based costing to assign overhead costs to products Activity Cost Pools Activity Rate Setting up batches $ 81 75 per batch Processing customer orders $ 73 23 per customer order Assembling products $ 8 76 per assembly hour Data concerning two products appear below Product V91Z Product V21I Number of batches 69 12 Number of customer orders 20 9 Number of assembly hours 492 697 How much overhead cost would be assigned to Product V91Z using the activity based costing system (Round your intermediate calculations to 2 decimal places ) Multiple Choice $102,737 43 $163 74 $5,640 75 $11,415 27 Spates, Inc , manufactures and sells two products Product H2 and Product E0 Data concerning the expected production of each product and the expected total direct labor hours (DLHs) required to produce that output appear below Expected Production Direct Labor Hours Per Unit Total Direct Labor Hours Product H2 130 6 3 819 Product E0 130 5 3 689 Total direct labor hours 1,508 The companys expected total manufacturing overhead is $267,968 If the company allocates all of its overhead based on direct labor hours, the overhead assigned to each unit of Product H2 would be closest to (Round your intermediate calculations to 2 decimal places ) Multiple Choice $203 83 per unit $151 57 per unit $355 40 per unit $1,119 51 per unit Forner, Inc , manufactures and sells two products Product Z1 and Product Z8 The company has an activity based costing system with the following activity cost pools, activity measures, and expected activity Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product Z1 Product Z8 Total Labor related DLHs $ 112,190 600 2,000 2,600 Machine setups setups 40,440 500 700 1,200 Order size MHs 609,770 3,000 3,200 6,200 $ 762,400 The activity rate for the Machine Setups activity cost pool under activity based costing is closest to rev 03 22 2018 QC CS 119201 Multiple Choice $203 26 per setup $190 55 per setup $122 97 per setup $33 70 per setup Vanvalkenburg, Inc , manufactures and sells two products Product Q5 and Product J0 The company has an activity based costing system with the following activity cost pools, activity measures, and expected activity Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product Q5 Product J0 Total Labor related DLHs $ 191,748 3,000 2,800 5,800 Production orders orders 70,536 300 500 800 Order size MHs 295,592 4,300 4,500 8,800 $ 557,876 The activity rate for the Production Orders activity cost pool under activity based costing is closest to rev 03 22 2018 QC CS 119201 Multiple Choice $63 40 per order $68 74 per order $88 17 per order $65 69 per order Olmo, Inc , manufactures and sells two products Product K0 and Product H9 The annual production and sales of Product of K0 is 900 units and of Product H9 is 900 units The company has an activity based costing system with the following activity cost pools, activity measures, and expected activity Activity Cost Pools Activity Measures Estimated Overhead Cost Expected Activity Product K0 Product H9 Total Labor related DLHs $ 550,508 1,800 900 2,700 Production orders orders 53,519 1,000 600 1,600 Order size MHs 836,116 3,700 3,400 7,100 $ 1,440,143 The overhead applied to each unit of Product K0 under activity based costing is closest to (Round your intermediate calculations to 2 decimal places ) rev 03 25 2018 QC CS 119201 Multiple Choice $407 78 per unit $929 07 per unit $484 12 per unit $1,600 13 per unit Merone Company allocates materials handling cost to the company's two products using the below data Modular Homes Prefab Barns Total expected units produced 6,800 9,800 Total expected material moves 680 280 Expected direct labor hours per unit 880 380 The total materials handling cost for the year is expected to be $339,780 If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to (Round your intermediate calculations to 2 decimal places ) Multiple Choice $240,679 20 $237,306 67 $185,154 00 $250,364 00 Doles Corporation uses the following activity rates from its activity based costing to assign overhead costs to products Activity Cost Pools Activity Rate Setting up batches $ 70 72 per batch Processing customer orders $ 27 78 per customer order Assembling products $ 12 81 per assembly hour Data concerning two products appear below Product K52W Product X94T Number of batches 66 53 Number of customer orders 46 31 Number of assembly hours 419 162 Required How much overhead cost would be assigned to each of the two products using the company's activity based costing system (Round your intermediate calculations and final answers to 2 decimal places )

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an activity-based costing system with the following activity cost pools,

Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

		Estimated		Expected Activity
Activity Cost Pools	Activity Measures	Overhead Cost		Product A6	Product I5	Total
Labor-related	DLHs	$	198,138	8,900	3,500	12,400
Production orders	orders		48,124	1,250	1,450	2,700
Order size	MHs		190,147	6,300	6,400	12,700
		$	436,409

The activity rate for the Order Size activity cost pool under activity-based costing is closest to:

rev: 03_25_2018_QC_CS-119201

Multiple Choice

$19.39 per MH
$56.61 per MH
$35.19 per MH

$14.97 per MH

Gelinas, Inc., manufactures and sells two products: Product S5 and Product L3. Expected production of Product S5 is 500 units and of Product L3 is 700 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

		Estimated		Expected Activity
Activity Cost Pools	Activity Measures	Overhead Cost		Product S5	Product L3	Total
Labor-related	DLHs	$	286,741	3,500	5,600	9,100
Production orders	orders		40,384	300	500	800
Order size	MHs		463,730	4,000	3,900	7,900
		$	790,855

The overhead applied to each unit of Product L3 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)

Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:

Activity Cost Pools	Activity Rate
Setting up batches	$	81.75	per batch
Processing customer orders	$	73.23	per customer order
Assembling products	$	8.76	per assembly hour

Data concerning two products appear below:

	Product V91Z	Product V21I
Number of batches	69	12
Number of customer orders	20	9
Number of assembly hours	492	697

How much overhead cost would be assigned to Product V91Z using the activity-based costing system? (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

$102,737.43
$163.74
$5,640.75
$11,415.27

Spates, Inc., manufactures and sells two products: Product H2 and Product E0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:

Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours

Product H2 130 6.3 819

Product E0 130 5.3 689

Total direct labor-hours 1,508

The companys expected total manufacturing overhead is $267,968.

If the company allocates all of its overhead based on direct labor-hours, the overhead assigned to each unit of Product H2 would be closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice
$203.83 per unit
$151.57 per unit
$355.40 per unit

$1,119.51 per unit

Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

		Estimated		Expected Activity
Activity Cost Pools	Activity Measures	Overhead Cost		Product Z1	Product Z8	Total
Labor-related	DLHs	$	112,190	600	2,000	2,600
Machine setups	setups		40,440	500	700	1,200
Order size	MHs		609,770	3,000	3,200	6,200
		$	762,400

The activity rate for the Machine Setups activity cost pool under activity-based costing is closest to:

rev: 03_22_2018_QC_CS-119201

Multiple Choice

$203.26 per setup
$190.55 per setup
$122.97 per setup

$33.70 per setup

Vanvalkenburg, Inc., manufactures and sells two products: Product Q5 and Product J0. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

		Estimated		Expected Activity
Activity Cost Pools	Activity Measures	Overhead Cost		Product Q5	Product J0	Total
Labor-related	DLHs	$	191,748	3,000	2,800	5,800
Production orders	orders		70,536	300	500	800
Order size	MHs		295,592	4,300	4,500	8,800
		$	557,876

The activity rate for the Production Orders activity cost pool under activity-based costing is closest to:

rev: 03_22_2018_QC_CS-119201

Multiple Choice

$63.40 per order
$68.74 per order
$88.17 per order

$65.69 per order

Olmo, Inc., manufactures and sells two products: Product K0 and Product H9. The annual production and sales of Product of K0 is 900 units and of Product H9 is 900 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Activity Cost Pools	Activity Measures	Estimated Overhead Cost		Expected Activity
Activity Cost Pools	Activity Measures	Estimated Overhead Cost		Product K0	Product H9	Total
Labor-related	DLHs	$	550,508	1,800	900	2,700
Production orders	orders		53,519	1,000	600	1,600
Order size	MHs		836,116	3,700	3,400	7,100
		$	1,440,143

The overhead applied to each unit of Product K0 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)

rev: 03_25_2018_QC_CS-119201

Multiple Choice

$407.78 per unit
$929.07 per unit
$484.12 per unit
$1,600.13 per unit

Merone Company allocates materials handling cost to the company's two products using the below data:

Modular Homes Prefab Barns

Total expected units produced 6,800 9,800

Total expected material moves 680 280

Expected direct labor-hours per unit 880 380

The total materials handling cost for the year is expected to be $339,780.

If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice
$240,679.20
$237,306.67
$185,154.00
$250,364.00

Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.

Activity Cost Pools Activity Rate

Setting up batches $ 70.72 per batch

Processing customer orders $ 27.78 per customer order

Assembling products $ 12.81 per assembly hour

Data concerning two products appear below:

Product K52W Product X94T

Number of batches 66 53

Number of customer orders 46 31

Number of assembly hours 419 162

Required:

How much overhead cost would be assigned to each of the two products using the company's activity-based costing system? (Round your intermediate calculations and final answers to 2 decimal places.)