Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Zachary Company makes two types of circuit boards. One is a high-caliber board designed to accomplish the most demanding tasks;the other is a low-caliber board designed to provide limited service at an affordable price. During its most recent accounting period,Zachary incurred $360,000 of inspection cost. Zachary recently established an activity-based costing system that classifies itsactivities into four categories. Categories and appropriate cost drivers follow:High caliberLow caliberTotalDirect Labor Number ofHoursBatches3,000363615,00018,00072(a) Unit-level activities(b) Batch-level activities(c) Product-level activities(d) Facility-level activitiesAllocated CostNumber ofInspectorsRequiredAllocate the inspection cost between the two products assuming that it is driven by (a) unit-level activities, (b) batch-level activities, (c)product-level activities, or (d) facility-level activities. Note that each allocation represents a separate alternative. In other words, the$360,000 of inspection cost will be allocated four times, once for each cost driver. (Do not round intermediate calculations.)High-CaliberBoards$4960,000Number ofSquare Feet75,000105,000180,000Low-CaliberBoards

The process of methodically and rationally allocating a part of a shared or indirect cost to a…

achary Company makes two types of circuit boards. One is a high-caliber board design e other is a low-caliber board designed to provide limited service at an affordable pric achary incurred $360,000 of inspection cost. Zachary recently established an activity- ctivities into four categories. Categories and appropriate cost drivers follow: High caliber Low caliber Total Direct Labor Number of Batches 36 36 72 Hours 3,000 15,000 18,000 Number of Inspectors 5 4 9 Number of Square Feet 75,000 105,000 180,000

achary Company makes two types of circuit boards. One is a high-caliber board design e other is a low-caliber board designed to provide limited service at an affordable pric achary incurred $360,000 of inspection cost. Zachary recently established an activity- ctivities into four categories. Categories and appropriate cost drivers follow: High caliber Low caliber Total Direct Labor Number of Batches 36 36 72 Hours 3,000 15,000 18,000 Number of Inspectors 5 4 9 Number of Square Feet 75,000 105,000 180,000

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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None
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