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The following is taken from Jeffers Company's internal records of its factory with two items is number of hours of machine use. Compute the total
The following is taken from Jeffers Company's internal records of its factory with two items is number of hours of machine use. Compute the total amount of overhead allocated to Dept. 1using activity-based costing. (Round overhead percentoges to two dlecimal places.) g departments. The cost driver for indirect labor is direct labor costs, and the cost driver for the remaining Machine Use Hours 3,700 2,900 6,600 Direct Labor Operating Dept. 1 Operating Dept. 2 Totals $50,000 30,000 $80,000 Factory overhead costs Rent and utilities Indirect labor Depreciation Equipment 31,100 21,200 19,200 71,500 Total factory overhead Multiple Choice $30048. $13.400. $21,200 A compan 's history indicates that 30% of its sales are for cash and the rest are on credit. Collector s or credit sies are following month, and 5% ls uncollectible. Pro ected sales or December, January. and February are $65.000, 9 o an from all current and prior credit sales Is: %in the mont O the sale 50% n ene t month, 5 he si o o respectively The Februar expected cash receipts Multiple Choice $51,875 $56.875 $61.875 $22.750 $95,000 The sales budget for Modesto Corp. shows that 20,900 units of Product A and 22,900 units of Product B are going to be sold for prices of $10.90 and $1290, respectively. The desired ending inventory of Product A IS 10% higher than its beginning inventory of 2.900 units. The begin in invent of Product B 53 400 unt The desired endin inventor 3 s3.900 units. Budgeted purchases of Product B for the year would be: Multiple Choice 15.600 units. 23,400 units. 29,200 units. 26.300 unlts 21400 units
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