cer FouriMultiple ChoiceO$25.90$48.09Abbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 800 units and ofProduct B is 600 units. There are three activity cost pools, with estimated costs and expected activity as follows:Activity Cost PoolsActivity 1$ 17,460Activity 2$ 19,987$ 29,884Activity 3The overhead cost per unit of Product B is closest to: (Round your intermediate calculations to 2 decimal places.)$34.73Chapter Four - ConnectEstimatedOverheadCost$11.49SavedExpected ActivityProduct B600600120Product A6001,700400< PrevChatGPT: Optimizing Language Models for Dialogue4 of 20Total1,2002,300520MacBook ProHelpNext >Humans and Animals ParallelsSave & Exit Submit88

The overheads are the cost like rent, supplies insurance, etc. These overheads are not directly…

Multiple Choice $25.90 Activity Cost Pools Activity 1 $ 17,460 Activity 2 $ 19,987 Activity 3 $ 29,884 The overhead cost per unit of Product B is closest to: (Round your intermediate calculations to 2 decimal places.) $48.09 Abbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 800 units and of Product B is 600 units. There are three activity cost pools, with estimated costs and expected activity as follows: Expected Activity Product B 600 600 120 $34.73 Estimated Overhead Cost $11.49 Saved Product A 600 1,700 400 Language Models for Dialogue 4 of 20 Total 1,200 2,300 520 Help Next > Humans and Animals Parallels Save & Exit Submit

Multiple Choice $25.90 Activity Cost Pools Activity 1 $ 17,460 Activity 2 $ 19,987 Activity 3 $ 29,884 The overhead cost per unit of Product B is closest to: (Round your intermediate calculations to 2 decimal places.) $48.09 Abbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 800 units and of Product B is 600 units. There are three activity cost pools, with estimated costs and expected activity as follows: Expected Activity Product B 600 600 120 $34.73 Estimated Overhead Cost $11.49 Saved Product A 600 1,700 400 Language Models for Dialogue 4 of 20 Total 1,200 2,300 520 Help Next > Humans and Animals Parallels Save & Exit Submit

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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Arntson, Incorporated, manufactures and sells two products: Product R3 and Product NO. The annual production and sales of Product of R3 is 800 units and of Product NO is 500 units. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Product R3 Product NO Total direct labor-hours Activity Cost Pools Labor-related Production orders. Order size Direct Labor- Expected Hours Per Production 800 500 The direct labor rate is $20.80 per DLH. The direct materials cost per unit is $276.00 for Product R3 and $280.00 for Product NO. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Overhead Cost Activity Measures DLHS orders MHS Unit 4.0 2.0 Total Direct Labor- Hours 3,200 1,000 4, 200 $ 40,836 64, 650 433, 275 $ 538,761 Expected Activity Product R3 Product No 1,000 3,200 900 500 2,500 3,100…
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David Manufacturing, which uses the high-low method for estimating cost function, makes a product called Kwan. The company incurs three different manufacturing cost types (A, B, and C) and has a relevant range of operation between 4,000 units and 10,000 units per month. Per-unit costs at two different activity levels for each cost type are presented below. Type A Type B Type C Total 5,000 units $7 $12.60 $4 $23.60 7,500 units $7 $8.40 $3 $18.40 Required: a) Classify each of the costs (A, B, and C) as either fixed or variable or semi-variable b) Write down a linear cost function that expresses the behavior of Shum's total manufacturing cost as a function of # of units produced. c) If Shum produces 10,000 units, what would be the total cost of manufacturing? d) If all fixed costs (or fixed components of costs) decrease by 10% and all variable costs (or variable components of costs) decrease by 10%, what would be the total cost of manufacturing for an activity level of production of 8,000…
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roduct Cost Method of Product Costing MyPhone, Inc., uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,160 units of cell phones are as follows: Variable costs: Fixed costs: Direct materials $90 per unit Factory overhead $199,200 Direct labor 31 Selling and admin. exp. 70,300 Factory overhead 23 Selling and admin. exp. 22 Total variable cost per unit $166 per unit MyPhone desires a profit equal to a 13% rate of return on invested assets of $600,800. a. Determine the amount of desired profit from the production and sale of 5,160 units of cell phones.$fill in the blank 1 b. Determine the product cost per unit for the production of 5,160 of cell phones. If required, round your answer to nearest dollar.$fill in the blank 2 per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones.fill in the blank 3 % d.…
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