Question 11 Parker Systems produces two different products (Product 1 and Product 2), is considering whether to use ABC versus Traditional costing. For ABC costing Parker would use three different activities to allocate manufacturing overhead: Design, which uses Engineering Hours as an activity driver, Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. If Parker used traditional costing, they would use machine hours to allocate the cost. The cost of each activity and usage of the activity drivers are as follows. Total estimated cost $112,000 $185,000 $60,000 Activity/ (Driver) Design (engineering hours) Machining (machine hours) Inspection (Batches) Usage by Product 1 170 Usage by Product 2 270 1,790 70 1,250 80 Using traditional costing, what is the total manufacturing overhead that will be allocated to Product 27

Question 11 Parker Systems produces two different products (Product 1 and Product 2), is considering whether to use ABC versus Traditional costing. For ABC costing Parker would use three different activities to allocate manufacturing overhead: Design, which uses Engineering Hours as an activity driver, Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. If Parker used traditional costing, they would use machine hours to allocate the cost. The cost of each activity and usage of the activity drivers are as follows. Total estimated cost $112,000 $185,000 $60,000 Activity/ (Driver) Design (engineering hours) Machining (machine hours) Inspection (Batches) Usage by Product 1 170 Usage by Product 2 270 1,790 70 1,250 80 Using traditional costing, what is the total manufacturing overhead that will be allocated to Product 27

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Wrong Answer
Assume a world that meets all assumptions of the portfolio theory. In this world we solely trade in securities A and B like depicted in the graph below. Short selling is allowed. xA and XB indicate the proportions of security A and B within a portfolio respectively. P1, P2, P3 and P4 represent portfolios that can be created by trading (either long and/or short) in securhies A and B. P3 is the portfolio with the lowest risk; the risk of P3 is 0%. The risk of security A and B is measured by the standard deviation of the returns in the particular security and equals 20% for both. The correlation coefficient of the returns between A and B is -1. 40% P1 E(R) A 30% P2 20% P3 10% P4 ++ 30% 0% 10% 20% 40% O(R) Question: Indicate which statements are correct. Take into account that everything is possible, from all correct to all wrong.
What are the problems caused by lack of integration? Expalin.
Using a service often results in possession and ownership. Select one: O a. True. X b. False.
Your solution is wrong see the answers at bottom of the question
did not fully awnser question
help please, the answers I put are not correct
What is the CAPM? What does it tell you?
hrl.3 answer must be in proper format or i will give down vote
It says they answers are wrong from your example.