Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Estimated Estimated Use of Activity Cost Pools Cost Drivers per Activity Overhead Designing $443,950 13,000 designer hours Sizing and cutting 4,208,100 169,000 machine hours Stitching and trimming 1,491,125 75,500 labor hours Wrapping and packing 332,800 32,000 finished units Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, e g. 12.25.) Activity-based overhead rates $ per designer hour Designing $ per machine hour Sizing and cutting per labor hour Stitching and trimming per finished unit Wrapping and packing eTextbook and Media 9:26 10/13 hp

Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Estimated Estimated Use of Activity Cost Pools Cost Drivers per Activity Overhead Designing $443,950 13,000 designer hours Sizing and cutting 4,208,100 169,000 machine hours Stitching and trimming 1,491,125 75,500 labor hours Wrapping and packing 332,800 32,000 finished units Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, e g. 12.25.) Activity-based overhead rates $ per designer hour Designing $ per machine hour Sizing and cutting per labor hour Stitching and trimming per finished unit Wrapping and packing eTextbook and Media 9:26 10/13 hp

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 4BE: Activity-based costing: selling and administrative expenses Jungle Junior Company manufactures and...

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Medical Tape makes two products: Generic and Label. It estimates it will produce 423,694 units of Generic and 652,200 of Label, and the overhead for each of its cost pools is as follows: It has also estimated the activities for each cost driver as follows: How much is the overhead allocated to each unit of Generic and Label?
Bumblebee Mobiles manufactures a line of cell phones. The management has identified the following overhead costs and related cost drivers for the coming year. The following were incurred in manufacturing two of their cell phones, Bubble and Burst, during the first quarter. REQUIREMENT Review the worksheet called ABC that follows these requirements. You have been asked to determine the cost of each product using an activity-based cost system. Note that the problem information is already entered into the Data Section of the ABC worksheet.
Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units of Simple and 146,100 of Removable, and the overhead for each of its cost pools is as follows: It has also estimated the activities for each cost driver as follows: Â How much is the overhead allocated to each unit of Simple and Removable?
Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Estimated Overhead Expected Use of Cost Drivers per Activity Activity Cost Pools Designing $442,000 14,700 designer hours Sizing and cutting 4,090,000 167,000 machine hours Stitching and trimming 1,470,000 78,000 labor hours Wrapping and packing 322,000 30,000 finished units Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, e.g. 12.25.) Activity-based overhead rates Designing per designer hour Sizing and cutting per machine hour $ Stitching and trimming per labor hour Wrapping and packing $ per finished unit
Kapoor Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Setting up batches Activity Rate $86.50 per batch Assembling products $4.63 per assembly hour Processing customer orders $52.16 per customer order + Data concerning two products appear below: + + P Number of batches 34 Number of assembly hours 105 Number of customer orders 17+ P ܒܝ Product J00A Product S06U 43P 812+ 32- Overhead Cost:< P Required: a. How much overhead cost would be assigned to Product J00A using the company's activity- based costing system? + b. How much overhead cost would be assigned to Product S06U using the company's activity-based costing system? There are some expenses incurred at the time of manufacturing of products and services that are not directly attributable to the finished products. These expenses are known as manufacturing overheads or indirect expenses.
Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. The company is considering adopting 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 Z9 Product N0 Total Labor-related DLHs $ 327,018 6,700 3,300 10,000 Product testing tests 47,247 550 650 1,200 Order size MHs 472,608 4,300 4,600 8,900 $ 846,873 The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to: Multiple Choice A. $72.69 per DLH B. $705.73 per DLH C. $85.90 per DLH D. $32.70 per DLH
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
Archie Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Activity Rate Setting up batches $ 81.76 per batch Processing customer orders $ 62.40 per customer order Assembling products $ 1.76 per assembly hour Last year, Product X26X required 33 batches, 1 customer order, and 368 assembly hours. Required: How much overhead cost would be assigned to Product X26X using the company's activity-based costing system? (Round your intermediate calculations and final answer to 2 decimal places.) Total overhead cost
Desjarlais Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Activity Rate Setting up batches $ 83.25 per batch Assembling products $ 13.88 per assembly hour Processing customer orders $ 61.41 per customer order Data concerning two products appear below: Product S96U Product Q06F Number of batches 33 45 Number of assembly hours 104 844 Number of customer orders 16 33 Required: a. How much overhead cost would be assigned to Product S96U using the company's activity-based costing system? (Round your intermediate calculations and final answer to 2 decimal places.) b. How much overhead cost would be assigned to Product Q06F using the company's activity-based costing system? (Round your intermediate calculations and final answer to 2 decimal places.)
Anita Corporation Berhad uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Activity Rate (USD) Setting up batches 86.50 per batch Assembling products 4.63 per assembly hour Processing customer orders 52.16 per customer order Data concerning two products appear below: Product JJ Product SS Number of batches 34 43 Number of assembly hours 105 812 Number of customer orders 17 32 How much overhead cost would be assigned to Product JJ using the company's activity-based costing system? How much overhead cost would be assigned to Product SS using the company's activity-based costing system?
Crane, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Sizing and cutting Stitching and trimming Wrapping and packing Sizing and cutting Stitching and trimming Estimated Overhead Wrapping and packing $4,108,500 1,439,100 $ Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, e.g. 12.25.) $ LA 325,500 $ Estimated Use of Cost Drivers per Activity 166,000 machine hours 78,000 labor hours 35,000 finished units Activity-based overhead rates per machine hour per labor hour per finished unit
Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Setting up batches Processing customer orders Assembling products Activity Rate $84.50 per batch $75.57 per customer order $10.71 per assembly hour Data concerning two products appear below: Product V91Z Product V21I Number of batches 70 13 Number of customer orders Number of assembly hours 21 10 493 698 How much overhead cost would be assigned to Product V91Z using the activity-based costing system? (Round your Intermedlate calculations to 2 declmal places.) Multiple Cholce $127.820.00 $170.78 $5.915.00 92 F AQI 61 ype here to search DELL