OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. Activity Est. Indirect Activity Costs Materials $67,000 Assembling $256,000 Packaging $80,000 Allocation base Material moves Direct labor hours # of finished units Cost allocation rate $4/move $11/dir. labor hour $1/finished unit The following parts were produced in October with the following information: Part # Produced A 2,050 B 6,000 C 4,950 Materials Costs # Moves Dir. Labor Hrs. $2,800 900 250 $5,500 2,000 425 $7,000 2,600 1,300 Total assembly fees for part B is A. $22,000 B. $1,700 C. $2,750 D. $4,675
OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. Activity Est. Indirect Activity Costs Materials $67,000 Assembling $256,000 Packaging $80,000 Allocation base Material moves Direct labor hours # of finished units Cost allocation rate $4/move $11/dir. labor hour $1/finished unit The following parts were produced in October with the following information: Part # Produced A 2,050 B 6,000 C 4,950 Materials Costs # Moves Dir. Labor Hrs. $2,800 900 250 $5,500 2,000 425 $7,000 2,600 1,300 Total assembly fees for part B is A. $22,000 B. $1,700 C. $2,750 D. $4,675
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter2: Accounting For Materials
Section: Chapter Questions
Problem 17E: Davis Co. uses backflush costing to account for its manufacturing costs. The trigger points are the...
Related questions
Question
None
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College