5Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as anactivity driver, and inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and theactivity rate for Inspection is $500 per batch. The activity drivers are used as follows:Machine hoursProduct A Product X1,100533,500Number of batches21What is the amount of Inspection cost assigned to Product X?Multiple Choice$26.500$10,500$154,000$37,000Total4,60074

In Activity Based Costing Method Assigns The Cost Of Each Products And Services And Assigning Them…

ees two different products (Product A and Product X) using two different activities: Machining, which uses machin activity driver, and inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine- ctivity rate for inspection is $500 per batch. The activity drivers are used as follows: Machine hours 3,500 Number of batches 21 What is the amount of Inspection cost assigned to Product X? Multiple Choice Product A Product X Total 1,100 4,600 53 74 $26.500

ees two different products (Product A and Product X) using two different activities: Machining, which uses machin activity driver, and inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine- ctivity rate for inspection is $500 per batch. The activity drivers are used as follows: Machine hours 3,500 Number of batches 21 What is the amount of Inspection cost assigned to Product X? Multiple Choice Product A Product X Total 1,100 4,600 53 74 $26.500

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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