4 POINTS One of Professor Mullen Company's activity cost pools isinspecting, with an estimated overhead of $160,000. Itproduces throw rugs (1400 inspections) and area rugs(1,800 inspections).How much of the inspecting cost pool should be assignedto throw rugs?A. $35,000B. $50,000C. $70,000D. $100,000

We assign the inspecting cost pool to throw rugs. We first need to determine the proportion of…

Answered: One of Professor Mullen Company's…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
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One of anfa company's activity cost pools is inspecting, with an estimated overhead (OH) of $100,000.
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One of Swifty companies activity cost pools is inspection, which has estimated overhead cost of $220,000. Swifty produces throw rugs, 700 inspections in area rugs, 1300 inspections. What amount of the inspecting activity cost pool should be assigned to throw rugs?
Cost of the inspecting cost pool to products is

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