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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Period Ccb Home | bartl... of 15 ! 2 Required information [The following information applies to the questions displayed below.] my.post.edu... X 9- Unit 1 - C... Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Total fixed manufacturing cost Okay 3 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 4 5 G what is the h... Init 1 - C... CO 6 7 Average Cost per Unit $ 7.00 $ 4.50 $ 1.40 $ 4.00 $ 4.00 $ 2.10 $ 1.10 $ 0.55 You 8 9 0 ct de
Question Doom Bhd manufactures and sells a single product. Cost data for the product are given below: Variable costs per unit: Direct materials RM 7 Direct labour RM 10 Variable manufacturing overhead RM 5 Variable selling and administrative overhead RM 3 Total variable cost per unit RM 25 Fixed costs per month: Fixed manufacturing overhead RM315,000 Fixed selling and administrative overhead RM245,000 RM560,000 The product sells for RM60 per unit. Production and sales data for July and August, that is, the first two months of operations, follow: Units produced Units sold July 17,500 15,000 August 17,500 20,000 The…
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.…
Question Company XYZ is currently producing and selling 100 units. At this level, the total direct materials cost is $500, the total direct labor cost is $600 and the total manufacturing overhead cost is $1,200, which includes $800 fixed manufacturing overhead cost. The company's total selling and administrative expenses are $2,500, which include $1,500 fixed selling and administrative costs. Assume that the company wishes to increase the number of units produced and sold to 102 units, what would be the incremental cost? (rounded to nearest ($) value) Not yet answered Marked out of 0.80 P Flag question O a. 30 O b. 25 O c. 50 O d. None of the given answers O e. 46
Table 2Activity Cost Pool Total Cost Total ActivityAssembly $ 1,114,920 57,000 machine-hoursProcessing orders $ 47,016 1,800 ordersInspection $ 107,328 1,560 inspection-hours Use Table 2 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 2). The company makes 430 units of product ABA a year, requiring a total of 1,120 machine-hours, 35 orders, and 40 inspection-hours per year. The product's direct materials cost is $49.81 per unit and its direct labor cost is $12.34 per unit. The product sells for $130 per unit. According to the activity-based costing system, the product margin for product ABA is: Select one: a. $4,290.10. b. $3,815.50. c. none of the given answer. d. $4,159.50. e. $3,602.10.
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FUT manufactures two products.. Both products require manufacturing operations in two departments: Product 1 2 Profit/Unit $25 $20 Labour Hours Dept. A 6 8 Labour Hours Dept. B 12 10 For the coming production period, FUT has available 900 hours of labor that can be allocated to either of the two departments. Find the production plan and labor allocation (hours assigned in each department) that will maximize profit. (Use Excel Solver)
Tompson recently sold a machine for E100,000. Revenue related to the sale of the machine is recognised upon delivery to the customer's factory, and payment thereof is due promptly. Under the sales contract, Tompson has also committed to providing the customer with service and maintenance on the machine for 3 years at no additional charge. Tompson routinely sells the this type of machine for €90,000 on a stand alone basis, and it also offers a 3 year maintenance service on machines of this type for €30,000. It estimates that it will cost €10,000 to deliver the service and maintenace. The transaction price should be allocated as follows: a) £70,000 for the machine and £30,000 for the service b) £75,000 for the machine and £25,000 for the service c) €90,000 for the machine and £10,000 for the service d) €100,000 for the machine and £0 for the service
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6 Dake Corporation's relevant range of activity is 2.000 units to 6.000 units. When it produces and sells 4,000 unts, its average costs per un are as follows Average Cost per Unit $ 6.55 $ 3.50 $ 1.40 $ 2.60 5.0.70 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense $ 0.40 Fixed administrative expense Sales commissions $ 1.50 Variable administrative expense $ 0.45 For financial reporting purposes, the total amount of product costs incurred to make 4.000 units is closest to Multiple Choice $56.200
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