Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $48,800; Supervising, $36,700, and Other, $26,600. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHs (Processing) 17,700 640 18,340 Batches (Supervising) 1,690 610 2,300 What is the overhead cost assigned to Product 06 under activity-based costing? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $74,054.40 $58,586.40 0 $26,972.40 $47,082.00 Foster Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity based costing system: Overhead costs: Wages and salaries Other expenses $122,000 89,000 $211,000 Total Distribution of resource consumption: Activity Cost Pools Other Making Bouquets 65% 25% Delivery 20% 65% Wages and salaries Other expenses 15% Total 100% 100% 10% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Activity Cost Pool Making bouquets Delivery Activity 77,519 bouquets 11,300 deliveries What would be the total overhead cost per delivery according to the activity based costing system? In other words, what would be the overall activity rate for the deliveries activity cost pool? (Round to the nearest whole cent.) Foster Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity based costing system: Overhead costs: Wages and salaries Other expenses $122,000 89,000 $211,000 Total Distribution of resource consumption: Activity Cost Pools Other Making Bouquets 65% 25% Delivery 20% 65% Wages and salaries Other expenses 15% Total 100% 100% 10% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Activity Cost Pool Making bouquets Delivery Activity 77,519 bouquets 11,300 deliveries What would be the total overhead cost per delivery according to the activity based costing system? In other words, what would be the overall activity rate for the deliveries activity cost pool? (Round to the nearest whole cent.) Multiple Choice $6.85 $5.57 $728 $8.14 Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment depreciation Supervisory expense $79,300 $ 4,800 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.60 0.20 0.60 0.10 Equipment depreciation Supervisory expense Other 0.20 0.30 Machining costs are assigned to products using machine-hours (MHS) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Product MO Product H2 MHS (Machining) 1,600 9,000 10,600 Orders (Order Filling) 620 1,880 2,500 Total The activity rate for the Order Filling activity cost pool under activity-based costing is closest to: Multiple Choice 0 $6.54 per order 0 $3.97 per order 0 $3.54 per order 0 $65.40 per order Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three activity cost pools. The activity rate for the Size-Related activity cost pool is $0.76 per guest. (The greater the number of guests, the larger the cake.) The activity rate for the Complexity-Related cost pool is $28.31 per tier. (Cakes with more tiers are more complex.) Finally, the activity rate for the Order-Related activity cost pool is $78.98 per order. (Each wedding involves one order for a cake.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately. Data concerning two recent orders appear below: Ericson Haupt Wedding Wedding Number of reception guests 72 220 Number of tiers on the cake 7 11 Cost of purchased decorations for cake $16.35 $81.35 Assuming that all of the costs listed above are avoidable costs in the event that an order is turned down, what amount would the company have to charge for the Ericson wedding cake to just break even? Multiple Choice o $399.81 o $78.98 o $348.22 o $16.35 Nissley Wedding Fantasy Corporation makes very elaborate wedding cakes to order. The owner of the company has provided the following data concerning the activity rates in its activity-based costing system: Activity Cost Pools Size-related Complexity-related Order-related Activity Rate $ 1.28 per guest $28.62 per tier $75.12 per order The measure of activity for the size-related activity cost pool is the number of planned guests at the wedding reception. The greater the number of guests, the larger the cake. The measure of complexity is the number of tiers in the cake. The activity measure for the order- related cost pool is the number of orders. (Each wedding involves one order.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately. Data concerning two recent orders appear below: Tijerina Twersky Wedding Wedding Number of reception guests 51139 Number of tiers on the cake 5 Cost of purchased decorations for cake $30.30 $55.04 3 Assuming that the company charges $569.59 for the Twersky wedding cake, what would be the overall margin on the order? Multiple Choice 0 $173.45 0 $118.41 0 $451.18 0 $193.53 Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment depreciation Supervisory expense $79,300 $ 4,800 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.60 0.20 0.60 0.10 Equipment depreciation Supervisory expense Other 0.20 0.30 Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity Product MO Product H2 MHS (Machining) 1,600 9,000 10,600 Orders (Order Filling) 620 1,880 2,500 Total How much overhead cost is allocated to the Order Filling activity cost pool under activity-based costing? How much overhead cost is allocated to the Order Filling activity cost pool under activity-based costing? Multiple Choice $42,840 $12,295 $16,340 $66,320 Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment expense Supervisory expense $83,000 $ 6,700 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.50 0.30 0.50 0.20 Other Equipment expense Supervisory expense 0.20 0.30 Machining costs are assigned to products using machine-hours (MHS) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Product MO Product H2 MHs (Machining) 1,960 9,030 10,990 Orders (Order Filling) 1,430 2,160 3,590 Total What is the overhead cost assigned to Product H2 under activity-based costing? (Round your intermediate calculations to 2 decimal places.) Multiple Choice 0 $36,842 $36,842 O $15,790 $15,790 O $52,632 $52632 $69,750 Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other. The company's overhead costs have already been allocated to these cost pools as follows: Fabricating Setting Up Other $10,800 $33,900 $17,300 Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The following table shows the machine-hours and number of batches associated with each of the company's two products: Product Me Product P9 Total MHS 8,900 3,900 12,800 Batches 1,000 1,400 2,400 Required: Calculate activity rates for each activity cost pool using activity-based costing. (Round your answers to 2 decimal places.) Activity Cost Pools Fabricating Setting up Activity Rate per MH per batch Figge and Mathews PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries Travel expenses Other expenses Total $440,000 140,000 200,000 $ 780,000 Distribution of resource consumption: Activity Cost Pools Wages and salaries Travel expenses Other expenses Working On Engagements 40% 45% 15% Business Development 25% 45% 45% Other 35% 10% 40% Total 100% 100% 100% Required: a. How much cost, in total, would be allocated to the Working On Engagements activity cost pool? b. How much cost, in total, would be allocated to the Business Development activity cost pool? c. How much cost, in total, would be allocated to the Other activity cost pool? Total Cost Activity Cost Pool Working On Engagements Business Development Other c. Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below. Activity Cost Pools Machining Setting Up Other $ 8,000 $ 45,200 $ 22,400 2,400 2,200 3,400 $10,400 $ 47,400 $ 25,800 Total $ 75,600 Equipment depreciation Indirect labor Total $ 83,600 Costs in the Machining cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below: Product Z3 Product T1 Total MHS 5,300 5,500 10,800 Batches 400 1,000 1,400 Sales (total) Direct materials (total) Direct labor (total) Product Z3 Product T1 $216,800 $ 248,500 $ 80,500 $ 96,200 $ 108,600 $ 101,700 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate activity rates for each activity cost pool using activity-based costing. (Round your answers to 2 decimal places.) Activity Cost Pools Machining Setting up Activity Rate per MH per batch Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the amount of overhead cost that would be assigned to each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Amount of Overhead Cost Product Z3 Product T1 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required Determine the product margins for each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Product Margin Product Z3 Product T1