Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains thefollowing six activity cost pools and activity rates:Activity Cost PoolSupporting direct laborActivity Rates$8 per direct labor-hour$4 per machine-hourMachine processingMachine setups$ 50per setupProduction orders$ 170per orderShipments$ 115per shipmentProduct sustaining$ 800 per productActivity data have been supplied for the following two products:Number of units produced per yearDirect labor-hoursMachine-hoursMachine setupsProduction ordersShipmentsProduct sustainingActivity Cost PoolSupporting direct laborMachine processingMachine setupsProduction ordersShipmentsProduct sustainingTotal overhead cost$K425STotal Expected ActivityK425M672,000M672001,1752,400Required:How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system?99185040222

Name: Klumper Corporation is a diversified manufacturer of industrial goods
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Description: Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains thefollowing six activity cost pools and activity rates:Activity Cost PoolSupporting direct laborActivity Rates$8 per direct

Overhead cost for each activity cost pool = Activity rate × Expected activity

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Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Activity Rates $8 per direct labor-hour $4 per machine-hour $ 50 per setup Production orders $ 170 per order Shipments $ 115 per shipment Product sustaining $ 800 per product Activity data have been supplied for the following two products: Machine processing Machine setups Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost $ S Total Expected Activity K425 M67 2,000 M67 200 1,175 2,400 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? K425 9 9 18 50 40 2 2 2

Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Activity Rates $8 per direct labor-hour $4 per machine-hour $ 50 per setup Production orders $ 170 per order Shipments $ 115 per shipment Product sustaining $ 800 per product Activity data have been supplied for the following two products: Machine processing Machine setups Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost $ S Total Expected Activity K425 M67 2,000 M67 200 1,175 2,400 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? K425 9 9 18 50 40 2 2 2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders. Shipments Product sustaining Activity data have been supplied for the following two products: Total Expected Activity Activity Rates $ 7 per direct labor-hour $ 4 per machine-hour $50 per setup $ 170 per order $ 130 per shipment $ 800 per product Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining K425 200 1,075 2,200 11 11 22 2 M67 2,000 40 30 2 2 2 2 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system?
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Klumper Corporation Is a diversified manufacturer of Industrial goods. The company's activity-based costing system contalns the following stx activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Activity Rates $8 per direct labor-hour $ 3 per machine-hour $ 35 per setup $ 160 per order $ 120 per shipment $ 875 per product Shipments Product sustaining Activity data have been supplied for the following two products: Total Expected Activity K425 M67 Number of units produced per year 2,000 50 200 Direct labor-hours 1,825 3,480 13 Machine-hours 40 Machine setups Production orders Shipments Product sustaining 2 13 2 26 2 Requlred: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? Activity Cost Pool K425 M67 Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost 이 $
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