Please answer multiple choice questions. Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and theexpected total direct labor-hours (DLHS) required to produce that output appear below:TotalDirectDirectLabor-HoursExpectedProduction1,100Labor-Per unitHoursProduct E110.011,000Product A75005.02,500Total direct labor-hours13,500The direct labor rate is $24.00 per DLH. The direct materlals cost per unlt for each product Is glven below:DirectMaterialsCost per Unit$276.00Product E1Product A7$266.00The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Expected ActivityEstimatedActivityOverheadProduct E1Activity Cost PoolsLabor-relatedMeasuresCostProduct A7Total$ 130, 20011,0002,50013,500DLHSMachine setupssetups61,400960, 3401, 2005001,700Order sizeMHS3,1003,5006,600$1,151,940The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)Multiple Cnolce$1151,910S600,465$2.160,725$451,081

Calculation of Rate PARTICULAR Cost Cost Driver No. Rate Labour Related Cost…

Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Total Direct Direct Labor-Hours Per unit Expected Labor- Production Hours Product E1 1,100 10.0 11,e00 Product A7 50e 5.0 2,500 Total direct labor-hours 13,500 The direct labor rate is $24.00 per DLH. The direct materlals cost per unit for each product Is glven below: Direct Materials Cost per Unit Product E1 $276.00 Product A7 $266. 00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Labor-related Measures Cost Product E1 Product A7 Total DLHS $ 130, 200 11,000 2,500 13,500 Machine setups setups 61,400 1, 200 500 1,700 Order size MHS 960, 340 3,100 3,500 6,600 $1,151,940 The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multipie Cholce $1.151.910 S600,465 $2.160,725 $451,001

Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Total Direct Direct Labor-Hours Per unit Expected Labor- Production Hours Product E1 1,100 10.0 11,e00 Product A7 50e 5.0 2,500 Total direct labor-hours 13,500 The direct labor rate is $24.00 per DLH. The direct materlals cost per unit for each product Is glven below: Direct Materials Cost per Unit Product E1 $276.00 Product A7 $266. 00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Labor-related Measures Cost Product E1 Product A7 Total DLHS $ 130, 200 11,000 2,500 13,500 Machine setups setups 61,400 1, 200 500 1,700 Order size MHS 960, 340 3,100 3,500 6,600 $1,151,940 The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multipie Cholce $1.151.910 S600,465 $2.160,725 $451,001

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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Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product E1 1,100 10.0 11,000 Product A7 400 5.0 2,000 Total direct labor-hours 13,000 The direct labor rate is $20.60 per DLH. The direct materials cost per unit for each product is given below: Direct MaterialsCost per Unit Product E1 $211.00 Product A7 $287.00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product E1 Product A7 Total Labor-related DLHs $ 139,700 11,000 2,000 13,000 Machine setups setups 65,880 1,200 400 1,600 Order size MHs 1,030,410 3,900…
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KPR manufactures deals in various products. Relevant details of the products are as under: AWAXAYAZ Estimated annual demand (units)5000100070008000 Sales price per unit (Rs.)150180154175 Material consumption: Q (Rs)2729.524.529.75 Labor hours (Rs)5056.2543.7562.5 Variable overheads (based on labor cost) 70%80%10%90% Fixed overheads per unit (Rs.)10201416 Machine hours required: Processing machine hours 56810 The capacity utilization is as under:Hours Processing machine 150,000 RequiredCompute the number of units of each product that the company should produce in order tomaximize the profit. (B) KPR manufactures is considering a special order for 20 handcrafted gold bracelets to be given as gifts to members of a wedding party. The normal selling price of a gold bracelet is Rs 184 and its unit product cost is Rs140.00 as shown below: Direct materials . . . . . . . . . . . . . . . . . . . . Rs 81.00Direct labor . . . . . . . . . . . . . . . . . . . . . . . 42.00Manufacturing…
The following data relates to the operations of company A; direct material cost per unit- ghc5, direct labour cost/unit- ghc20 @ ghc2/hour, indirect production expense is made up of- depreciation- 50000, indirect material- ghc30000, and indirect labour- ghc20000. The company plans to produce 5000units and absorb overhead based on direct labour hours. What is the cost per unit? A. Ghc45 B. Ghc40 C. Ghc35 D. Ghc30 Reset Selection