ABCDE A. B. C. The next two questions are based on the following information: Until 2022, the company is using an activity-base costing (ABC) system to allocate the company's manufacturing overhead to the two products (the "Other" cost pool includes organization-sustaining costs and idle capacity costs). The following selected additional information is available for 2022: D. Activity Cost Pool Activity Measure Machine-hours Machining Machine setups Product Design Other Number of setups Number of products Total manufacturing overhead cost E. None of the above Total Cost $884,000 $210,000 $480,000 $220,000 $1,794,000 Product X13 $120.00 $17.50 $10.00 Product X13 Selling price per unit Direct materials cost per unit Direct labor cost per unit Machine hours per unit Estimated annual production and sales 3 Under the ABC system, how much of the total manufacturing overhead cost would be assigned to Product X13? $564,000 $1,010,000 $784,000 $1,574,000 1 12,000 Expected Activity 12,000 400 1 Product Z24 Product Z24 $80.00 $23.00 $20.00 40,000 300 1 2 MHs 20,000 units Total 52,000 MHs 700 setups 2 products un

ABCDE A. B. C. The next two questions are based on the following information: Until 2022, the company is using an activity-base costing (ABC) system to allocate the company's manufacturing overhead to the two products (the "Other" cost pool includes organization-sustaining costs and idle capacity costs). The following selected additional information is available for 2022: D. Activity Cost Pool Activity Measure Machine-hours Machining Machine setups Product Design Other Number of setups Number of products Total manufacturing overhead cost E. None of the above Total Cost $884,000 $210,000 $480,000 $220,000 $1,794,000 Product X13 $120.00 $17.50 $10.00 Product X13 Selling price per unit Direct materials cost per unit Direct labor cost per unit Machine hours per unit Estimated annual production and sales 3 Under the ABC system, how much of the total manufacturing overhead cost would be assigned to Product X13? $564,000 $1,010,000 $784,000 $1,574,000 1 12,000 Expected Activity 12,000 400 1 Product Z24 Product Z24 $80.00 $23.00 $20.00 40,000 300 1 2 MHs 20,000 units Total 52,000 MHs 700 setups 2 products un

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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