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'sthree activities are shown in the following table:ActivityActivity 1Activity 2Activity 3Budgeted Cost$ 74,000$ 49,000$ 90,000Select one:O a. $83,708.19O b. $65,450.72Oo. $213,000.00O d. $74,000.00Oe. $63,322.32Activity Cost DriverSquare feetUnits inspectedSetupsBudgeted ActivityProduct BProduct A6,4007,4002,9009,40015,4001,400Product C20,4008,4002,025How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to2 decimal places.)

Name: A company uses activity-based costing to determine the costs of its t
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Description: 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'sthree activities are shown in the following table:ActivityActivity 1Activity 2Activity 3Budgeted

Under activity-based costing different activity rates are calculated depending upon the activity…

Business

Accounting

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 activities are shown in the following table: Activity Activity 1 Activity 2 Activity 3 Select one: O a. $83,708.19 O b. $65,450.72 Budgeted Cost $ 74,000 $ 49,000 $ 90,000 Oo. $213,000.00 Od. $74,000.00 Oe. $63.322.32 Activity Cost Driver Square feet Units inspected Setups Product A 6,400 7,400 2,900 Budgeted Activity Product B 9,400 15,400 1,400 How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to 2 decimal places.) Product C 20,400 8,400 2,025

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 activities are shown in the following table: Activity Activity 1 Activity 2 Activity 3 Select one: O a. $83,708.19 O b. $65,450.72 Budgeted Cost $ 74,000 $ 49,000 $ 90,000 Oo. $213,000.00 Od. $74,000.00 Oe. $63.322.32 Activity Cost Driver Square feet Units inspected Setups Product A 6,400 7,400 2,900 Budgeted Activity Product B 9,400 15,400 1,400 How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to 2 decimal places.) Product C 20,400 8,400 2,025

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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