Lampierre makes brass and gold frames. The company computed this information to decide whether to switch from the traditional allocation method to ABC: Brass Gold Units Planed 800 125 Material Moves 400 100 Machine Setups 400 600 Direct Labor Hours 700 1,100 The estimated overhead for the material cost pool is estimated as $10,500, and the estimate for the machine setup pool is $36,000. A. Calculate the allocation rate per unit of brass and per unit of gold using the traditional method? Round intermediate calculations and final answers to two decimal places. Allocation Rate per Unit Brass $ 22.60 ✓ Gold B. Calculate the allocation rate per unit of brass and per unit of gold using the activity-based costing method? Round intermediate calculations and final answers to two decimal places. Brass Gold Allocation Rate per Unit $

Lampierre makes brass and gold frames. The company computed this information to decide whether to switch from the traditional allocation method to ABC: Brass Gold Units Planed 800 125 Material Moves 400 100 Machine Setups 400 600 Direct Labor Hours 700 1,100 The estimated overhead for the material cost pool is estimated as $10,500, and the estimate for the machine setup pool is $36,000. A. Calculate the allocation rate per unit of brass and per unit of gold using the traditional method? Round intermediate calculations and final answers to two decimal places. Allocation Rate per Unit Brass $ 22.60 ✓ Gold B. Calculate the allocation rate per unit of brass and per unit of gold using the activity-based costing method? Round intermediate calculations and final answers to two decimal places. Brass Gold Allocation Rate per Unit $

Name: Lampierre makes brass and gold frames. The company computed this info
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Description: Lampierre makes brass and gold frames. The company computed this information to decide whether to switch from the traditional allocation method to ABC:Brass GoldUnits Planed800125Material Moves400 100Machine Setups400 600Direct Labor Hours 700 1,100

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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Lampierre makes brass and gold frames. The company computed this information to decide whether to switch from the traditional allocation method to ABC: Brass Gold Units Planed 750 150 Material Moves 400 100 Machine Setups 500 750 Direct Labor Hours 600 1,100 The estimated overhead for the material cost pool is estimated as $13,000, and the estimate for the machine setup pool is $40,000. A. Calculate the allocation rate per unit of brass and per unit of gold using the traditional method? Round intermediate calculations and final answers t two decimal places. Brass 24.94 228.63 B. Calculate the allocation rate per unit of brass and per unit of gold using the activity-based costing method? Round intermediate calculations and final answers to two decimal places. Gold Brass Allocation Rate per Unit Gold Allocation Rate per Unit SA 35.2 177.33