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- RI 6.7.8-Q-InsertYourLastName E Share KEE Insert v V A eral Delete v 个 八Z Analyz- Data Conditional Format Cell Sort & Find & Formatting as Table Styles Format v Filter Select 0 00 |6 % K M. 7. Job-Order Costing Problem Using the weighted procedure method of setting rates, calculate the relative value and cost per procedure $1,250,000 and an average hourly lab tech rate of 0.25 ) for the following lab procedures, given a total lab cost of $15 (to calculate the RVU, divide the total sample expense by Sample Labor In Hours Labor Sample Labor Sample Supply In Minutes Projected Procedure Volume Expense ($) Expense ($) Amylase 15 0.75 000 12 Bleeding Time 0.50 000'sS 0.50 000' 7,800 Uric Acid Platelet Count 0.25 6. Hematocit 0.25 8.AI - E H E If Border Corporation uses direct labor hours in a traditional costing system to assign overhead - Saved - AutoSave Off Normal badiya aldujaili BA EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) v 11 - A^ A° Aav A E - E - E E E O Find - AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB A BBCCC AaBbCcDa A Copy Paste S Replace В IUvab х, х* А I Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1.. | 1''' I 2 4 7 Use the following information to answer questions the next two questions: Border Corporation identified the following activities related to annual expected overhead costs at the beginning of 2018. Expected Overhead Activity Moving Materials Inspections Ordering Maintenance Expected Quantity 500 Expected Cost $ 16,000 $ 22,400 $ 13,900 $ 161,200 Expected Activity Driver Number of moves Number of inspection…Please Answer part 4. Part 1-3 answers Part 1 Computation of Cost Allocation Rate for each activity: Activity Costs Base usage Allocation rate Material Handling 160,000 20,000 8 Packaging 390,000 2,000 195 Quality Assurance 112,000 1,600 70 Total 662,000 Part 2 Activity Usage of All Activities: Activity Commercial Travel Total Material Handling 8700 4450 13,150 Packaging 900 300 1,200 Quality Assurance 270 370 640 Allocation of Cost basis Usage: Activity Commercial Travel Material Handling 69,600 35600 (Activity Usage * Cost Allocation Rate) (8,700 * 8) (4450 * 8) Packaging 175,500 58500 Quality Assurance 18,900 25900 Total 264,000 120000 Units Produced 3,000 20000 Cost Per Unit 88 6 Part 3 Particulars Commercial Travel Usage of…
- Maglie Company manufactures two video game consoles: handheld and home. The handheld consoles are smaller and less expens than the home consoles. The company only recently began producing the home model. Since the introduction of the new product. profits have been steadily declining. Management believes that the accounting system is not accurately allocating costs to products particularly because sales of the new product have been increasing Management has asked you to investigate the cost allocation problem. You find that manufacturing overhead is currently assigned to products based on their direct labor costs. For your investigation, you have data from last year. Manufacturing overhead was $1,366,000 based on production of 340.000 handheld consoles and 89,000 home consoles. Direct labor and direct materials costs were as follows. Direct labor Materials Handheld $1,294, 500 790,000 Cost Driver Number of production runs Quality tests performed Shipping orders processed Total overhead…Indicator ' A 16 17 18 19 20 (1) $126,000 105,000 84,000 $200,000 D (2) $150,000 128,000 22,000 $138,000 E 1 2 Required: 3 Determine the missing amount for each separate situation involving work in process cost flows. 4 5 6 Total manufacturing costs 7 Work in process inventory, beginning 8 Work in process inventory, ending 9 Cost of goods manufactured 10 11 12 13 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 14 Nothing in this area will be graded, but it will be submitted with your assignment. 15 (3) $217,000 32,000 185,000 $237,000 F G H 1 JWhich of the following journal entries is used to record fixed overhead costs allocated? O Fixed Overhead Allocated Work-in-Process Control Fixed Overhead Control Work-in-Process Control O Fixed Overhead Allocated Fixed Overhead Control O Work-in-Process Control Fixed Overhead Allocated
- Revisit Choose the best option Question # 6 A Report a Problem O Material requirement slip When different departments need raw material they sent this to the Stores department. O Material requisition slip O Material requirement sheet O Material purchase order +91 80 4719 0917 Deepanshu | Support +1 650-924-9221 metti O Type here to search thp 17 f6 f5 f4 f3 f2 f1 & %23 3 4 1 CO 5 %24Please refer to the pictures for info and questions 1 and 2. See below for question 3 format. Department Departmental Overhead Rate Standard Deluxe Hours per Unit Overhead Allocated Hours per Unit Overhead Allocated Assembly Finishing Totals $0 $0* 00 %24 %24 D. Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate comple Re Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each. The following data appear in the company records for the current period: Maintenance Personnel Printing Developing Machine-hours 006 3,100 Labor-hours 00E T 006 006 Department direct costs $15,200 009 $ 009'ET$ 009 Required: Use the direct method to allocate these service department costs to the operating departments. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) XAnswer is not complete. Maintenance Personnel Printing Developing 3,600 X $ X 009 13,600 X Service department costs 13,600 Maintenance allocation (3,600) 13,600 X (009) Personnel allocation Total costs allocated $ 17.200 17,200 Mc Graw K…
- Coram Audio makes wireless headphones. Each pair of headphones comes with a travel case. Since its founding, Coram has manufactured its own travel cases. Recently, Holmur Travel Gear (HTG), a local outfitter that manufactures and sells backpacks, tent cases, and so on, contacted Coram and proposed that they produce the headphone travel cases. Based on management experience, Coram's cost per travel case is as follows (based on annual production of 42,000 units). Direct materials $ 10.00 Direct labor 21.20 Variable overhead 6.40 Fixed overhead 4.70 Total $ 42.30 HTG has offered to sell the case to Coram for $39 each. The total order would amount to 42,000 travel cases per year. Coram's management decides that they will make the switch to HTG cases if Coram can save at least $13,000 per year. Accepting the offer would eliminate annual fixed overhead of $79, 800. Required: a. Prepare a schedule that shows the total differential costs. b. Should Coram continue to make the travel cases or…Question 25 Use of activity-based costing will result in the development of O multiple activity-based overhead rates. O one plantwide activity-based overhead rate. O one overhead rate based on direct labor hours. O no overhead rates; overhead rates are not used in activity-based costing. No new data to save. Last checked at 9:22pm Submit C ype here to search prt sc ho 4+ 144 % $ 4 & 7 2# 2 3 6. 8 E R T Y U D F K C V Mbb.cas.edu.om & Remaining Time: 16 minutes, 47 seconds. Question Completion Status: QUESTION 3 Which of the following is not relevant to a process costing system? O A. - Unrelated products B. - Low production flexibility OC. - Repetitive production O D. - High production volume