Product BOProduct B5Total direct labor-hoursBarkes, Incorporated, manufactures and sells two products: Product BO and Product B5. Data concerning the expected production of each product andthe expected total direct labor-hours (DLHS) required to produce that output appear below:Activity Cost PoolsLabor-relatedProduction orders.Order sizeMultiple ChoiceDirectLabor-ActivityMeasuresDLHSordersMHSExpected Hours PerProduction400500SavedUnit7.04.0The direct labor rate is $22.10 per DLH. The direct materials cost per unit is $288.10 for Product B0 and $118.90 for Product B5.The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Expected ActivityEstimatedOverheadCost A Product B0 Product B5$ 136,9442,80050064,629588,2943,300$789,867TotalDirectLabor-< PrevHours2,8002,0004,800GPT: Optimizing Language Models for Dialogue2 of 20MacBook Pro2,0004003,000Total4,8009006,300The total overhead applied to Product B5 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)HelpNext >Humans and Animals ParallelsपSave & ExitSubmit+88 r FouriLabor-relatedProduction ordersOrder sizeMultiple ChoiceO$ 136,94464,629588,294$ 789,867The total overhead applied to Product B5 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)оO$280,140$438,815$329,120$365,924M Question 2 - Quiz - Chapter Four - Connecteducation.comDLHSordersMHs< PrevSaved2,8005003,300ChatGPT: Optimizing Language Models for Dialogue2 of 202,0004003,000 6,3004,800900wwwNext >Helpû +88Humans and Animals ParallelsSave & ExitSubmit

Name: Product BO Product B5 Total direct labor-hours Barkes, Incorporated, manufactures and sells two products: Product BO and Product B5. Data concerning the expected production of each…
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Using the activity-based costing (ABC) technique, a group's activities are identified, and the costs…

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Product BO Product B5 Total direct labor-hours Barkes, Incorporated, manufactures and sells two products: Product BO and Product B5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Activity Cost Pools Labor-related Production orders Order size Multiple Choice Direct Labor- Activity Measures DLHs orders MHS Expected Hours Per Production 400 500 Unit 7.0 4.0 The direct labor rate is $22.10 per DLH. The direct materials cost per unit is $288.10 for Product B0 and $118.90 for Product B5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Saved Estimated Overhead Cost $ 136,944 64,629 588,294 $789,867 ▸ Total Direct Labor- Hours 2,800 2,000 4,800 Product B0 Product B5 2,800 2,000 500 400 3,300 3,000 Humans and Animals Parallels Total 4,800 900 6,300 Help Save & Exit The total overhead applied to Product B5 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Submit

Product BO Product B5 Total direct labor-hours Barkes, Incorporated, manufactures and sells two products: Product BO and Product B5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Activity Cost Pools Labor-related Production orders Order size Multiple Choice Direct Labor- Activity Measures DLHs orders MHS Expected Hours Per Production 400 500 Unit 7.0 4.0 The direct labor rate is $22.10 per DLH. The direct materials cost per unit is $288.10 for Product B0 and $118.90 for Product B5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Saved Estimated Overhead Cost $ 136,944 64,629 588,294 $789,867 ▸ Total Direct Labor- Hours 2,800 2,000 4,800 Product B0 Product B5 2,800 2,000 500 400 3,300 3,000 Humans and Animals Parallels Total 4,800 900 6,300 Help Save & Exit The total overhead applied to Product B5 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) 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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Production and sales (units) Materials cost ($) Labour cost per unit ($) at $12 per hour Machine hours (per unit) Total no. of production runs Total no. of purchase orders Total no. of deliveries to retail division Market/Retail prices Overhead costs: Machine set-up costs ($) Machine maintenance costs ($) Ordering costs ($) Delivery costs ($) Total ($) Product S Product R 3,200 5,450 117 95 9 1 12 64 80 260 total: 6 2 30 82 64 320 306,435 415,105 11,680 144,400 877,620 Rinse @ $241.69 = full cost +10% oll Retail price Rinse: $260 The company's policy is to transfer the washing machines from the assembly division to the retail division at full cost plus 10% resulting in internal transfer prices, of $220.17 and $241.69 for S and R when transferred to the retail division. The retail division sells S for $320 per machine and R for $260 per machine to the market. (a) Use activity based costing to allocate the overheads and recalculate the transfer prices for S and R. (b) Calculate the…
12 Lavender Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 1,500 units and of Product B is 3,000 units. There are three activity cost pools, with estimated total cost and expected activity as follows: Expected Activity Activity Cost Pool Estimated Cost Product A Product B Total Activity 1 $10,000 420 350 770 Activity 2 12,000 120 420 540 Activity 3 50,000 490 1,162 1,652 The cost per unit of Product B under activity-based costing is closest to which of the following? Select one: a. $16.35 b. $35.38 c. $24.10 d. $31.90
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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.…
Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity data have been supplied for the following two products: Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost Activity Rates $9 per direct labor-hour $3 per machine-hour $45 per setup $150 per order $ 130 per shipment $ 875 per product K425 0 $ Total Expected Activity K425 M67 2,000 M67 200 1,000 2,800 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? 0 7 7 14 2 50 40 2 NNNN 2
Question: Pat Company uses activity-based costing. The company has two products: A and B. The annual production and sales for Product A is 1,800 units and for Product B it's 1,050 units. There are three activity cost pools, with estimated costs and expected activity as follows: Activities Estimated Expected Activity Overhead Cost Product A Product Total B Activity 1 $46,775 1,300 1,200 2,500 Activity 2 $68,277 2,300 1,000 3,300 Activity 3 $82,502 The overhead cost per unit of Product A under activity-based costing is closest to: 720 700 1,420 A. $139.12 B. $68.28 C. $32.88 D. $63.19