i post these que. second time please provide working A company sells two types of products: standard and deluxe. It prepares the following analysis showing budgeted cost and cost driveractivity for each of its three activities.ActivityFactory servicesBudgeted Cost$ 104,400Activity Cost DriverSquare feetSetup$ 11,500SetupsQuality control$ 116,250Units inspectedCompute an activity rate for each activity using activity-based costing.ActivityFactory servicesSetupQuality controlBudgeted Cost$104,40011,500116,250Budgeted Activity UsageBudgeted Activity UsageDeluxe2,8002005,250Standard3,0003002,500Activity RateTotal5,8005007,750

Name: i post these que. second time please provide working A company sells t
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Description: i post these que. second time please provide working A company sells two types of products: standard and deluxe. It prepares the following analysis showing budgeted cost and cost driveractivity for each of its three activities.ActivityFactory service

ACTIVITY BASED COSTINGActivity Based Costing is a Powerful tool for measuring…

Business

Accounting

A company sells two types of products: standard and deluxe. It prepares the following analysis showing budgeted cost and cost driver activity for each of its three activities. Activity Budgeted Cost $ 104,400 $ 11,500 Activity Cost Driver Square feet Factory services Setup Setups Quality control $ 116,250 Units inspected Compute an activity rate for each activity using activity-based costing. Activity Factory services Setup Quality control Budgeted Cost $ 104,400 11,500 116,250 Budgeted Activity Usage Budgeted Activity Usage Deluxe 2,800 200 5,250 Standard 3,000 300 2,500 Activity Rate Total 5,800 500 7,750

A company sells two types of products: standard and deluxe. It prepares the following analysis showing budgeted cost and cost driver activity for each of its three activities. Activity Budgeted Cost $ 104,400 $ 11,500 Activity Cost Driver Square feet Factory services Setup Setups Quality control $ 116,250 Units inspected Compute an activity rate for each activity using activity-based costing. Activity Factory services Setup Quality control Budgeted Cost $ 104,400 11,500 116,250 Budgeted Activity Usage Budgeted Activity Usage Deluxe 2,800 200 5,250 Standard 3,000 300 2,500 Activity Rate Total 5,800 500 7,750

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost Product A Product B 6,300 7,300 2,800 Product C $73,000 $48,000 $88,000 20,300 8,300 1,925 9,300 15,300 1,300 How much overhead will be assigned to Product B using activity-based costing?
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Budgeted Cost Activity Cost Driver Product A Product B Product C $ 70,000 $ 45,000 $ 82,000 Square feet Units inspected Activity 1 6,000 9,000 20,000 Activity 2 Activity 3 7,000 15,000 8,000 Setups 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing? Multiple Choice (1) $2.00 per square foot; (2) $3.00 per unit; (3) $3.50 per setup. (1) $3.50 per square foot; (2) $1.50 per unit; (3) $32,80 per setup. (1) $3.50 per square foot; (2) $3.00 per unit; (3) $16.00 per setup. (1) $2.00 per square foot: (2) $1.50 per unit; (3) $16.00 per setup.
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: BUDGETED ACTIVITY Budgeted Cost Product A $70,000 $45,000 $82,000 Activity Cost Pool Activity 1 Activity 2 Activity 3 How much overhead will be assigned to Product B using activity-based costing? Product B 9,000 15,000 1,000 6,000 7,000 2,500 Product C 20,000 8,000 1,625
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted Activity Product A Product B Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $106,000 4,900 4,700 $ 81,000 6,400 7,400 $131,000 4,400 7,150 Annual production and sales level of Product A is 36,200 units, and the annual production and sales level of Product B is 71,450 units. What is the approximate overhead cost per unit of Product A under activity-based costing? Multiple Choice $1.41 O $3.91 $11.04 $2.47
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Budgeted Activity Cost Pool Cost Product A Product B Product C Activity 1 $70,000 6,000 9,000 Activity 2 $45,000 7,000 15,000 Activity 3 $82,000 2,500 1,000 What are the activity rates for the three activities under activity based costing? O (1) $2.00; (2) $3.00; (3) $3.50. O (1) $3.50; (2) $1.50; (3) $32,80. O (1) $3.50; (2) $3.00; (3) $16.00. O (1) $2.00; (2) $1.50; (3) $16.00. O (1) $2.00; (2) $1.50; (3) $32.80. Question 9 F2 F7 -0- 2 F3 O+ # 3 F4 BJ LA $ 4 F5 N F6 % 5 6 20,000 8,000 1,625 F8 $ & 7 F9
A company sells two types of products: standard and deluxe. It prepares the following analysis showing budgeted cost and cost driver activity for each of its three activities. Activity Factory services Budgeted Cost $ 104,400 Activity Cost Driver Square feet Setup $ 11,500 Setups Quality control $ 116,250 Units inspected Compute an activity rate for each activity using activity-based costing. Activity Factory services Setup Quality control Budgeted Cost $ 104,400 11,500 116,250 Budgeted Activity Usage Budgeted Activity Usage Deluxe 2,800 200 5,250 Standard 3,000 300 2,500 Activity Rate Total 5,800 500 7,750
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Activity Cost Pool Budgeted Activity Product A Product B Activity 1 Budgeted Cost $ 99,000 $ 74,000 4,200 4,000 Activity 2 5,700 6,700 Activity 3 $117,000 3,700 6,450 Annual production and sales level of Product A is 35,500 units, and the annual production and sales level of Product B is 70,750 units. What is the approximate overhead cost per unit of Product B under activity-based costing? Multiple Choice $3.59 $2.30
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The pool rate is defined as the cost per unit of the cost driver for a particular activity cost pool. Group of answer choices True False Rocket Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Cost Cost Driver Material handling $ 225,000 Number of parts Material insertion 2,475,000 Number of parts Automated machinery 840,000 Machine hours Finishing 170,000 Direct labor hours Packaging 170,000 Orders shipped Total $ 3,880,000 The following information pertains to the three product lines for next year: Economy Standard Deluxe Units to be produced 10,000 5,000 2,000 Orders to be shipped 1,000 500 200 Number of parts per unit 10 15 25 Machine…
A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activities for next year follows. Activity Purchasing Cleaning factory Providing utilities Activity cost pool Purchasing Factory Expected Cost $127,600 31,500 63,070 Expected Costs Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Expected Amount of Cost Driver Cost Driver Purchase orders Square feet Square feet 4,400 4,900 Activity Overhead Rate Expected Usage of Cost Driver 4,488 purchase orders 4,900 square feet 4,900 square feet per purchase order per square foot
kes Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing. to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Multiple Choice Tarnish Industries uses departmental overhead rates and is planning on a $5.30 per direct labor hour overhead rate for the Finishing department. Compute the budgeted manufacturing overhead cost for the Finishing department given the information shown in the table. $461,300 $914.250 $583.000 $495,550 Molding 87,000 DLH 110,000 MH Finishing 172,500 DLH 93,500 MH Multiple Choice Zoe Company reports the following for its overhead cost for the year. Activity Budgeted Cost Budgeted Activity Usage Engineering support $101,500 Electricity 195,000 70 design changes 3,900 machine hours 400 setups Setup 260,000 Compute the activity rate for engineering support using activity-based costing. $1,450 per…
A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Budgeted Cost $ 210,600 Activity Cost Driver Purchase orders Square feet Budgeted Activity Usage 5,400 purchase orders 5,900 square feet 50 Setups Factory services 104,250 Setup 67,750 Setups Compute an activity rate for each activity. (Round your answers to 2 decimal places.) Activity Purchasing Activity Purchasing Factory services Setup Budgeted Cost 210,600 104,250 67,750 $ $ $ Budgeted Activity Usage Activity Rate