Gold Shoes Company manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers: Overhead Cost Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Budgeted Quality Control Number of inspections $ 78,000 1,200 Machine Time Machine hours 188,000 800 Materials Handling Number of Batches 1,200 50 Miscellaneous Overhead Cost Direct labor hours 59,000 5,000 Gold Shoes Company has an order for cleats that has the following production requirements: Number of Inspections 375 Number of Machine hours 220 Number of Batches 8 Direct Labor Hours 840 Using activity-based costing, applied materials handling factory overhead for the baseball cleat order is: Multiple Choice $338. $584. $192. $353. $686.
Gold Shoes Company manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers: Overhead Cost Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Budgeted Quality Control Number of inspections $ 78,000 1,200 Machine Time Machine hours 188,000 800 Materials Handling Number of Batches 1,200 50 Miscellaneous Overhead Cost Direct labor hours 59,000 5,000 Gold Shoes Company has an order for cleats that has the following production requirements: Number of Inspections 375 Number of Machine hours 220 Number of Batches 8 Direct Labor Hours 840 Using activity-based costing, applied materials handling factory overhead for the baseball cleat order is: Multiple Choice $338. $584. $192. $353. $686.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Gold Shoes Company manufactures cleats for baseball shoes. It has outlined the following
| Overhead Cost Pool | Cost Driver | Overhead Cost Budgeted Level for Cost Driver | Budgeted |
|---|---|---|---|
| Quality Control | Number of inspections | $ 78,000 | 1,200 |
| Machine Time | Machine hours | 188,000 | 800 |
| Materials Handling | Number of Batches | 1,200 | 50 |
| Miscellaneous Overhead Cost | Direct labor hours | 59,000 | 5,000 |
Gold Shoes Company has an order for cleats that has the following production requirements:
| Number of Inspections | 375 |
|---|---|
| Number of Machine hours | 220 |
| Number of Batches | 8 |
| Direct Labor Hours | 840 |
Using activity-based costing, applied materials handling factory overhead for the baseball cleat order is:
Multiple Choice
-
$338.
-
$584.
-
$192.
-
$353.
-
$686.
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