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Macnine nours Number of batches. Multiple Choice O What is the amount of Inspection cost assigned to Product A? $128,000 $23,920 $9,500 1, 200 46 $32,000 3,200 16 4,400 62 B

Macnine nours Number of batches. Multiple Choice O What is the amount of Inspection cost assigned to Product A? $128,000 $23,920 $9,500 1, 200 46 $32,000 3,200 16 4,400 62 B

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Macnine nours Number of batches. Multiple Choice O What is the amount of Inspection cost assigned to Product A? $128,000 $23,920 $9,500 1, 200 46 $32,000 3,200 16 4,400 62 B
Transcribed Image Text:Macnine nours Number of batches. Multiple Choice O What is the amount of Inspection cost assigned to Product A? $128,000 $23,920 $9,500 1, 200 46 $32,000 3,200 16 4,400 62 B
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $130 per machine hour, and the activity rate for Inspection is $520 per batch. The activity drivers are used as follows: Machine hours Number of batches Multiple Choice 3,200 16 What is the amount of Inspection cost assigned to Product A? $128.000 $23,920 Product A Product X 1,200 46 $9,500 Total 4,400 62
Transcribed Image Text:Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $130 per machine hour, and the activity rate for Inspection is $520 per batch. The activity drivers are used as follows: Machine hours Number of batches Multiple Choice 3,200 16 What is the amount of Inspection cost assigned to Product A? $128.000 $23,920 Product A Product X 1,200 46 $9,500 Total 4,400 62
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