Clearwater Furnishings Co. has an activity cost pool for quality control inspections, with an estimated overhead (OH) of $120,000. The company produces wooden chairs (500 inspections) and coffee tables (1,500 inspections). How much overhead should be assigned to wooden chair inspections?
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- Pinter Company had the following environmental activities and product information: 1. Environmental activity costs 2. Driver data 3. Other production data Required: 1. Calculate the activity rates that will be used to assign environmental costs to products. 2. Determine the unit environmental and unit costs of each product using ABC. 3. What if the design costs increased to 360,000 and the cost of toxic waste decreased to 750,000? Assume that Solvent Y uses 6,000 out of 12,000 design hours. Also assume that waste is cut by 50 percent and that Solvent Y is responsible for 14,250 of 15,000 pounds of toxic waste. What is the new environmental cost for Solvent Y?One of anfa company's activity cost pools is inspecting, with an estimated overhead (OH) of $100,000.One of Anfa Company's activity cost pools is inspecting, with an estimated overhead (OH) of $155,000. It produces throw rugs (820 inspections) and area rugs (1,180 inspections). How much $$ OH should be assigned to throw rugs inspections?
- Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $155,032 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Activity Cost Pools Cost Driver Cost Assignedto Pool Quantity/Amount Consumed byBasic Quantity/Amount Consumed byLuxury Materials handling Number of moves $3,752 19 moves 48 moves Quality control Number of inspections $31,680 220 inspections 110 inspections Machine maintenance Number of machine hours $119,600 5,500 machine hours 3,700 machine hours 1. Required:Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Overhead Assigned for Basic Model: Overhead Assigned for Luxury…Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $181,224 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Activity Cost Pools Cost Driver Cost Assignedto Pool Quantity/Amount Consumed byBasic Quantity/Amount Consumed byLuxury Materials handling Number of moves $ 3,944 24 moves 44 moves Quality control Number of inspections $ 31,680 220 inspections 110 inspections Machine maintenance Number of machine hours $ 145,600 5,800 machine hours 4,600 machine hours Required:1. Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Basic Model overhead assigned Luxury Model overhead assigned…Please give me answer
- RahulPrint Company manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Quality control Number of inspections $ 80,000 1,600 Machine operation Machine hours 157,000 1,000 Materials handling Number of batches 1,500 30 Miscellaneous overhead cost Direct labor hours 60, 000 4,000 Print Company has an order for 1,000 laser printers that has the following production requirements: Number of inspections 210 Machine hours 260 Number of batches 5 Direct labor hours 810 Using activity - based costing, applied quality control factory overhead for the 1,000 laser printers order is: Multiple Choice $12, 150. $ 9,940. $10,500. $250. $40,820.Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $171,500 in overhead. The company has identified the following information about its overhead activity pools and the two product lines: Activity Pools Materials handling Quality control Machine maintenance Required: Cost Driver Number of moves Number of inspections Number of machine hours Cost Assigned to Quantity or Amount Consumed Quantity or Amount Consumed Pool by Basic by Luxury 50 moves 20 moves 250 inspections 125 inspections 5,000 machine hours 5,000 machine hours $ 14,000 $ 37,500 $ 120,000
- One of Anfa Company's activity cost pools is inspecting, with an estimated overhead (OH) of $155,000. It produces throw rugs (820 inspections) and area 'rugs (1,180 inspections). How much $$ OH should be assigned to throw rugs inspections? A) $35,000 B) $50,000 C) $63,550 D) $100,000 answer?One of Anfa Company's activity cost pools is inspecting, with an estimated overhead (OH) of $155,000. It produces throw rugs (820 inspections) and area 'rugs (1,180 inspections). How much $$ OH should be assigned to throw rugs inspections? A) $35,000 B) $50,000 C) $63,550 D) $100,000Print Company manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Quality control Number of inspections $ 73,000 1,000 Machine operation Machine hours 149,000 1,000 Materials handling Number of batches 1,800 40 Miscellaneous overhead cost Direct labor hours 56,000 5,600 Print Company has an order for 1,000 laser printers that has the following production requirements: Number of inspections 255 Machine hours 220 Number of batches 6 Direct labor hours 730 Using activity-based costing, applied miscellaneous factory overhead for the 1,000 laser printers order based on direct labor hours is: Multiple Choice $7,300. $18,155. $18,615. $270. $32,780.