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A manufacturer produces three products: A, B, and C. The company uses the following to determine activity rates for each period: Cost pool Costs Total Activity Pool 1 $300,000 20,000 hours Pool 2 $20,000 500 pounds Pool 3 $10,000 100 moves Total $330,000 Data concerning the three products appear below: Products A Products B Products C Cost Driver Number of hours 10,000 Number of pounds 150 Number of moves 20 7,500 250 50 2,500 100 50 What is the total amount of overhear applied to product A? a. 265,000 b. 125,500 c. 150,000 d. 158,000

A manufacturer produces three products: A, B, and C. The company uses the following to determine activity rates for each period: Cost pool Costs Total Activity Pool 1 $300,000 20,000 hours Pool 2 $20,000 500 pounds Pool 3 $10,000 100 moves Total $330,000 Data concerning the three products appear below: Products A Products B Products C Cost Driver Number of hours 10,000 Number of pounds 150 Number of moves 20 7,500 250 50 2,500 100 50 What is the total amount of overhear applied to product A? a. 265,000 b. 125,500 c. 150,000 d. 158,000

FINANCIAL ACCOUNTING
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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A manufacturer produces three products: A, B, and C. The company uses the following to determine activity rates for each period: Cost pool Costs Total Activity Pool 1 $300,000 20,000 hours Pool 2 $20,000 500 pounds Pool 3 $10,000 100 moves Total $330,000 Data concerning the three products appear below: Products A Products B Products C Cost Driver Number of hours 10,000 Number of pounds 150 Number of moves 20 7,500 250 50 2,500 100 50 What is the total amount of overhear applied to product A? a. 265,000 b. 125,500 c. 150,000 d. 158,000
Transcribed Image Text:A manufacturer produces three products: A, B, and C. The company uses the following to determine activity rates for each period: Cost pool Costs Total Activity Pool 1 $300,000 20,000 hours Pool 2 $20,000 500 pounds Pool 3 $10,000 100 moves Total $330,000 Data concerning the three products appear below: Products A Products B Products C Cost Driver Number of hours 10,000 Number of pounds 150 Number of moves 20 7,500 250 50 2,500 100 50 What is the total amount of overhear applied to product A? a. 265,000 b. 125,500 c. 150,000 d. 158,000
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