Assume that activity cost totals $150,000. The company produced an average of 50 units per batch and the number of batches produced is 12,000. Calculate the activity rate. a. $10 per batch b. $12.5 per batch c. $15 per batch d. $20 per batch
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Assume that activity cost totals $150,000. The company produced an average of 50 units per batch and the number of batches produced is 12,000. Calculate the activity rate. a. $10 per batch b. $12.5 per batch c. $15 per batch d. $20 per batch
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- Calculate the activity rate.Calculate the activity rate on these accounting questionXYZ Manufacturing has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. . . • Production Volume: 1,500 units → 3,000 units - Direct Materials Cost: $60,000 → $120,000 Direct Labor Cost: $50,000 $100,000 → Manufacturing Overhead Cost: $72,000 → $88,500 What is the best estimate of the total monthly fixed manufacturing cost?
- ansWhat is the activity rate on these general accounting question?The packaging activity at Summit Manufacturing has an expected cost of $150,000. Expected direct labor hours are 25,000, and the expected number of packages is 50,000. The best activity rate for packaging is _. A. $3 per package B. $6 per labor hour C. $2 per package D. $6 per package E. none of the above
- Company XYZ is currently producing AND selling 10,000 units of product A. At this level, the total product cost was $60,000. This included $10,000 direct materials, $20,000 direct labor and $30,000 manufacturing overhead cost, which included 20% variable manufacturing overhead cost. The selling and administrative expenses were $100,000, which included $60,000 fixed selling and administrative costs. Assume that the selling price per unit $20, how much was the total contribution margin?Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost 1,600 $66,000 1,300 $57,000 1,500 $67,500 1,100 $49,500 If the high-low method is used, what is the monthly total cost equation?What is the full cost per unit?
- Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost 1,600 $66,000 1,300 56,100 1,500 62,700 1,100 49,500 If the high-low method is used, what is the monthly total cost equation? Total cost = $16,500 + $30/unit Total cost = $13,200 + $33/unit Total cost = $9,900 + $36/unit Total cost = $0 + $45/unit1. At a volume of 10,000 units, Company P incurs $30,000 in factory overhead costs, including $10,000 in fixed costs. Assuming that this activity is within the relevant range, if volume increases to 12,000 units, Company P would expect to incur total factory overhead costs of: A. $36,000 B. $34,000 C. $30,000 D. $32,000Norton Company has the following data for one of its production departments: Theoretical velocity: 300 units per hour Productive minutes available per year: 10,000,000 Annual conversion costs: $60,000,000 Actual velocity: 160 units per hour Based on the above information, the cycle time will be: Select one: a. .475 minutes per unit b. .275 minutes per unit C. .175 minutes per unit d. .375 minutes per unit