^ Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $719,900, divided into four activities: fabrication, $352,000, assembly, $138,000, setup, $125,400, and inspection, $104,500. Cypress Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Inspection Speedboat Bass boat Fabrication Assembly Setup Fabrication Inspection Speedboats $ Bass Boats $ Each product is budgeted for 4,500 units of production for the a. Determine the activity rates for each activity. t tA 5,500 dlh 16,500 22,000 dlh tA Assembly 17,250 dlh 5,750 23,000 dlh per dlh Setup 40 setups per unit per unit 290 330 setups per dlh per setup per inspection b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. year. 69 inspections 481 550 inspections K Other favorite 11:14 PM 2/25/2024 PRE Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $719,900, divided into four activities: fabrication, $352,000, assembly, $138,000, setup, $125,400, and inspection, $104,500. Cypress Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Inspection 69 inspections 481 550 inspections Speedboat Bass boat Assembly 17,250 dlh 16,500 5,750 23,000 dlh 22,000 dlh Each product is budgeted for 4,500 units of production for the year. a. Determine the activity rates for each activity. per dlh per dlh Fabrication Assembly Setup Inspection Fabrication Speedboats $ Bass Boats $ ी SA 5,500 dlh Setup 40 setups per unit per unit 290 per setup per inspection b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. 330 setups W P < A Other favorites 11:14 PM 2/25/2024 PRO
^ Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $719,900, divided into four activities: fabrication, $352,000, assembly, $138,000, setup, $125,400, and inspection, $104,500. Cypress Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Inspection Speedboat Bass boat Fabrication Assembly Setup Fabrication Inspection Speedboats $ Bass Boats $ Each product is budgeted for 4,500 units of production for the a. Determine the activity rates for each activity. t tA 5,500 dlh 16,500 22,000 dlh tA Assembly 17,250 dlh 5,750 23,000 dlh per dlh Setup 40 setups per unit per unit 290 330 setups per dlh per setup per inspection b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. year. 69 inspections 481 550 inspections K Other favorite 11:14 PM 2/25/2024 PRE Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $719,900, divided into four activities: fabrication, $352,000, assembly, $138,000, setup, $125,400, and inspection, $104,500. Cypress Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Inspection 69 inspections 481 550 inspections Speedboat Bass boat Assembly 17,250 dlh 16,500 5,750 23,000 dlh 22,000 dlh Each product is budgeted for 4,500 units of production for the year. a. Determine the activity rates for each activity. per dlh per dlh Fabrication Assembly Setup Inspection Fabrication Speedboats $ Bass Boats $ ी SA 5,500 dlh Setup 40 setups per unit per unit 290 per setup per inspection b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. 330 setups W P < A Other favorites 11:14 PM 2/25/2024 PRO
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:^
Activity-based costing:factory overhead costs
The total factory overhead for Cypress Marine Company is budgeted for the year at $719,900, divided into four activities: fabrication,
$352,000, assembly, $138,000, setup, $125,400, and inspection, $104,500. Cypress Marine manufactures two types of boats: speedboats
and bass boats. The activity-base usage quantities for each product by each activity are as follows:
Inspection
Speedboat
Bass boat
Fabrication
Assembly
Setup
Fabrication
Inspection
Speedboats $
Bass Boats $
Each product is budgeted for 4,500 units of production for the
a. Determine the activity rates for each activity.
t
tA
5,500 dlh
16,500
22,000 dlh
tA
Assembly
17,250 dlh
5,750
23,000 dlh
per dlh
Setup
40 setups
per unit
per unit
290
330 setups
per dlh
per setup
per inspection
b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar.
year.
69 inspections
481
550 inspections
K
Other favorite
11:14 PM
2/25/2024
PRE
Transcribed Image Text:Activity-based costing:factory overhead costs
The total factory overhead for Cypress Marine Company is budgeted for the year at $719,900, divided into four activities: fabrication,
$352,000, assembly, $138,000, setup, $125,400, and inspection, $104,500. Cypress Marine manufactures two types of boats: speedboats
and bass boats. The activity-base usage quantities for each product by each activity are as follows:
Inspection
69 inspections
481
550 inspections
Speedboat
Bass boat
Assembly
17,250 dlh
16,500
5,750
23,000 dlh
22,000 dlh
Each product is budgeted for 4,500 units of production for the year.
a. Determine the activity rates for each activity.
per dlh
per dlh
Fabrication
Assembly
Setup
Inspection
Fabrication
Speedboats $
Bass Boats $
ी
SA
5,500 dlh
Setup
40 setups
per unit
per unit
290
per setup
per inspection
b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar.
330 setups
W
P
<
A
Other favorites
11:14 PM
2/25/2024
PRO
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