Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Vanderbit Met Worts produce two types of metal taps. Vanderbilt manufactures 20.000 best tips and 4.000 designer lamps. In simple conting womes a single dret

image text in transcribed
Vanderbit Met Worts produce two types of metal taps. Vanderbilt manufactures 20.000 best tips and 4.000 designer lamps. In simple conting womes a single dret cool pool and locales couts to the temps on the basis of direct manufacturing her hours. It provides the following budgeted cost formation Click the loon to view the information) Calculate the total budgeted costs of the basic und designer lamps using Vanderbis simple costing Begin by calculating the budgeted indirect cost rate for the single indirect cost pool. First select the form the enter the applicable amounts and calculate the role. (Abreviations used MOH Metering Overhead) Budgeted indirect manufacturing costs. Budgeted manufacturing stor hours Budgeted MOH $ 303.450 14.450 $ 21 per manufacturing out Now calculate the total budgeted costs and per unit costs of the base and designers using Vanderbil's smple costing system. (Round all per un amount to two decimal places) Basle lampe Total Per und Data Table Direct materials 338000 Direct manufacturing labor 200000 Total direct costs 546000 21 Basie Lampe Designer Lamps Total Indirect costs allocated Direct materials per lamp $ 13 $ Total costs Direct manufacturing labor perime 04 hours 0.9 hours Direct manufacturing labor rate per hour $ 20 5 20 Indirect manufacturing costs $ 300.450 19 Print Done Enter any number in the edit folds and then click Check Answer 2 parts remaining Clear All Check An

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 Understanding the Integrated Audit

Authors: Karen L. Hooks

1st edition

471726346, 978-0471726340

More Books

Students also viewed these Accounting questions

Question

Understand how people development is used to retain talent.

Answered: 1 week ago