19. Data concerning three of Scarf Corporation's activity cost pools appear below: hActivity Cost Pools Total CostAssembling ProductsDesigning ProductsSetting Up Batches$48,200Total Activity4,820 assembly hours8,392 product design hours.$5,400 120 batch setups$864,376Required: Compute the activity rates for each of the three cost pools. Show your work!gi

The activity rate is calculated as Estimated activity cost divided by Estimated base activity. The…

19. Data concerning three of Scarf Corporation's activity cost pools appear below: Activity Cost Pools Total Cost Assembling Products Total Activity 4,820 assembly hours $48,200 $864,376 Designing Products 8,392 product design hours $5,400 120 batch setups Setting Up Batches Required: Compute the activity rates for each of the three cost pools. Show your 1030 work!

19. Data concerning three of Scarf Corporation's activity cost pools appear below: Activity Cost Pools Total Cost Assembling Products Total Activity 4,820 assembly hours $48,200 $864,376 Designing Products 8,392 product design hours $5,400 120 batch setups Setting Up Batches Required: Compute the activity rates for each of the three cost pools. Show your 1030 work!

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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3 manage costs? 10-31. Activity-Based Costing of Customers Rupert's Appliance Warehouse (RAW) delivers appliances to retailers throughout the city. The firm adds 6 percent to the cost of the appliances to cover the delivery cost. The delivery fee is meant to cover the cost of delivery. The finance team at RAW has analyzed the delivery service using activity-based costing methods and identified four activities. Data on these activities follow: 100 Activity Processing order.. Loading truck... Delivering order..... Billing..... Total overhead. .. Cost Driver Number of orders Number of items Number of orders Number of invoices Order value (total) . . . . . Number of orders.. Total number of items. Number of invoices. Activity Cost $ 90,000 180,000 108,000 70,000 $448,000 Two of Rupert's customers are McLean Designs and Neveux Appliances. Data for orders and deliveries to these two customers follow: .. Cost Driver Volume 3,000 orders 60,000 items 3,000 orders 2,500 invoices McLean Designs…
One of Concord Company's activity cost pools is machine setups with estimated overhead of $220000. Concord produces sparklers (320 setups) and lighters (680 setups). How much of the machine setup cost pool should be assigned to sparklers? $220000 $70400 O $110000 O $149600
Multiple Versus Single Overhead Rates, Activity Drivers Deoro Company has identified the following overhead activities, costs, and activity drivers for the coming year: Expected Cost Activity Driver Activity Capacity Number of setups Number of orders Machine hours Activity Setting up equipment $491,050 Ordering costs 336,600 Machine costs 898,800 Receiving 362,600 Receiving hours Deoro produces two models of dishwashers with the following expected prime costs and activity demands: Model A Model B $843,000 $455,000 8,200 1,600 Direct materials Direct labor Units completed Direct labor hours Number of setups Number of orders Machine hours $563,000 $459,000 15,600 6,800 360 6,900 23,900 3,200 The company's normal activity is 8,400 direct labor hours. Receiving hours 250 12,900 18,900 6,600 610 19,800 42,800 9,800
Smart Stream Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 8,000 units of cellular phones are as follows: Variable costs: Fixed costs: Direct materials $ 87 per unit Factory overhead $349,300 Direct labor 40 Selling and admin. exp. 122,700 Factory overhead 26 Selling and admin. exp. 21
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Two products were produced for a customer, Product A and Product B. Product A GHS Product B GHS Direct material costs 300,000 350,000 Direct labour costs 400,000 270,000 Direct labour hours: Assembly Department Welding Department Finishing Department Hrs 1,000 1,500 750 Hrs 950 800 1,000 Required: i. Calculate the full cost for each product. ii. What will be the selling price each to make a profit of 40% on cost?
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Gable Company uses three activity pools. Each pool has a cost driver. Information for Gable Company follows: Total Cost of Pool $ 380, 120 86,400 74,672 Estimated Cost Driver 88,400 9,000 525 Activity Pools Machining Designing costs Setup costs E4-5 (Algo) Assigning Costs Using Activity Proportions [LO 4-5, 4-6] Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Product A 34,000 3,600 60 Number of machine hours Number of design hours Number of batches Cost Driver Number of machine hours Number of design hours Number of batches Product A Product B Product C Total Overhead Assigned Product B Product C 10,400 3,400 285 Required: 1. Using activity proportions, determine the amount of overhead assigned to each product. Note: Do not round your intermediate calculations. Round your final answers to nearest whole number. 44,000 2,000 180
Vikram
A 162.