Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information.

Lenses Mirrors

Units produced. 21 21

Material moves per product line. 18 8

Direct-labor hours per unit 190 190

The total budgeted material-handling cost is $62,160.

Required:

1.Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount?

2.Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be what amount?

3.Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves.

4.Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves.

G A ezto.mheducation.com X Connect Assignment Print View9.pdf Home - MyLaverne course hero - ATha Bing Homework Help - Q&A from Online Tutors - C... + Chapter 5 Saved Help Save & Exit Submit Check my work Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information. 10 points Lenses Mirrors Units produced 21 21 Material moves per product line 18 Direct-labor hours per unit 190 190 eBook The total budgeted material-handling cost is $62,160. Required: Print 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount? 2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one References mirror would be what amount? 3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves. 4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves. (For all requirements, do not round your intermediate calculations and round your final answers to the nearest whole dollar.) 1. Material-handling cost per lens 2. Material-handling cost per mirror 3. Material-handling cost per lens 4. Material-handling cost per mirror Mc Graw Hill ducation