40BOENDSUURKAE*WASSEEX34333****44KKRes**jope YoA****SPERSa****SAKURATRENESS B42DKNEESTECUN*HAVES423*********CUN*************RSA***********AS*********SPEREN************235SEA**************ARS2000000SURECAX1-800-656-3494*******34322034***SWWQuestion 25 of 30ERGEORGCurrent Attempt in Progress***0339**A26EEASESyon koGASpud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity costpools is provided below for the year 2020.Activity Cost PoolsOrdering and receivingFood processingEPackagingDet Tudor Amig(a)BEGOCCSEGHEREGEERCEBEDOCOrdering and receivingFood processingPackagingESETFARLOTTE NO ShowFor 2020, the company had 10,300 orders and used 50,400 machine hours, and labor hours totaled 498,000.Save for LaterAccountRCalculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.)***91%5➤-11<GSUESSCOSES**81DRBEstimatedOverhead**$93,125515,3701,649,20050All regular monthly payments should bePlanse detach and retum tor$YtAGHOU***H30204CORONOESEstimated Use ofCost Drivers per Activity4012,500 ordersRo61,500 machine hoursYOUR NEW SUMMERN434,000 labor hoursOverhead Rates*8MwwKE prou6per orderper machine hourper labor hourSEOR'SO486386LESS****92ATLANTABATON HDU+6249$9.4#SMitcom華雞altTROMINGCAMERA124 TARDOF3TZEDERALS$500SBEDRP9034Attempts: 0 of 1 used485 Reses FOSHORLD ANINANCIAL CORPPO BOX $249MARIA SHERZAD4532 E PONCE DE LEON AVECLARKSTON, GA 30021-1844kallallallambdallbeatedSTATEprt scpause***58MOTOR VEHICLEDEE***KAIRIbackspaceMAN IN PAINATSubmit Answer- / 10 = :enter******#8 GRUSE*****scr IkT shiftInsertCREAGE**** 765deleteCONRES40925pause*******home1ec6end***#**#PSMAYclearpg uppg dnR50SKUP440*SEGURE****EWAMA***ZARRE

Particulars overhead A cost driver B overhead rate A/B Orders and receiving $93125 12500…

Question 25 of 30 Current Attempt in Progress Activity Cost Pools Ordering and receiving Food processing Packaging Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2020. (a) < Food processing Packaging > Estimated Overhead Save for Later $93,125 515,370 Ordering and receiving $ For 2020, the company had 10,300 orders and used 50,400 machine hours, and labor hours totaled 498,000. Estimated Use of Cost Drivers per Activity 12,500 orders Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) $ 61,500 1,649,200 434,000 labor hours machine hours Overhead Rates per order per machine hour per labor hour 4 - / 10 Attempts: 0 of 1 used Submit Answer

Question 25 of 30 Current Attempt in Progress Activity Cost Pools Ordering and receiving Food processing Packaging Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2020. (a) < Food processing Packaging > Estimated Overhead Save for Later $93,125 515,370 Ordering and receiving $ For 2020, the company had 10,300 orders and used 50,400 machine hours, and labor hours totaled 498,000. Estimated Use of Cost Drivers per Activity 12,500 orders Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) $ 61,500 1,649,200 434,000 labor hours machine hours Overhead Rates per order per machine hour per labor hour 4 - / 10 Attempts: 0 of 1 used Submit Answer

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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QUESTION 8 Avery Company has compiled the following data for the upcoming year: Sales are expected to be 13300 units at $31 each. • Each unit requires 2.1 pounds of direct materials at $2.1 per pound. • Each unit requires 0.7 hours of direct labor at $14 per hour. Manufacturing overhead is $6 per unit. Selling and administrative costs are $6 per unit What is Avery's budgeted cost of goods sold? M Az
Cornerstones of Cost Management 4th Ed. - Chapter 4 Scenario IV: Goodmark Company produces two types of birthday cards: scented and regular. Expected product data for the coming year are given below. Overhead costs are identified by activity. Scented Cards Regular Cards Total Units produced 20,000 200,000 - Prime costs $160,000 $1,500,000 $1,660,000 Direct labor hours 20,000 160,000 180,000 Number of setups 60 40 100 Machine hours 10,000 80,000 90,000 Inspection hours 2,000 16,000 18,000 Number of moves 180 120 300 Overhead costs: Setting up equipment $240,000 Moving materials 120,000 Machining 200,000 Inspecting products 160,000 Required: 1. Answer the following questions: a. Calculate the activity consumption ratios for Scented cards (round to two decimal places). Setups: Moving materials: Machining: Inspection: b. If only one rate based on direct labor hours were used to assign overhead, Scented Cards would receive…
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Please give me step by step directions. Ch 26 pro 7 Product Costs using Activity Rates Nozama.com Inc. sells consumer electronics over the Internet. For the next period, the budgeted cost of the sales order processing activity is $540,000 and 60,000 sales orders are estimated to be processed. a. Determine the activity rate of the sales order processing activity.$ ________________________per sales order b. Determine the amount of sales order processing cost that Nozama.com would receive if it had 45,000 sales orders_________________________________.
QUESTION 2 The following data have been provided by Mathews Corporation: Budgeted production 6.900 units Standard machine-hours per unit 9.4 machine-hours Standard lubricants rate $1.20 per machine-hour Standard supplies rate $1.00 per machine-hour Actual production 7,000 units Actual machine-hours (total) 66.230 machine-hours Actual lubricants cost (total) $78.100 Actual supplies cost (total) $66.536 Lubricants and supplies are both elements of variable manufacturing overhead. The variable overhead rate variance for supplies is closest to: $306 U $736 U $430 U $736 F
Problem 10-2A a-b, d (Part Level Submission) (Video) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2020. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. Rate per Direct Labor Hour Variable costs Annual Fixed Costs Indirect labor $0.43 Supervision $41,040 Indirect materials 0.51 Depreciation 16,080 Factory utilities 0.30 Insurance 13,800 Factory repairs 0.20 Rent 29,520 The master overhead budget was prepared on the expectation that 478,700 direct labor hours will be worked during the year. In June, 38,800 direct labor hours were worked. At that level of activity, actual costs were as shown below. Variable-per direct labor hour: indirect labor $0.47, indirect materials $0.49, factory utilities $0.32, and factory repairs $0.25. Fixed: same as budgeted. v…
Xuereb Manufacturing Company manufactures blue rugs, using wool and dye as direct materials. One rug is budgeted to use 35 skeins of wool at a cost of $6 per skein and 0.8 gallons of dye at a cost of $10 per gallon. All other materials are indirect. At the beginning of the year Xuereb has an inventory of 466,000 skeins of wool at a cost of $1,165,000 and 4,400 gallons of dye at a cost of $27,280. Target ending inventory of wool and dye is zero. Xuereb uses the FIFO inventory cost flow method. A (Click the icon to view the additional information.) There is no direct manufacturing labor cost for dyeing. Xuereb budgets 50 direct manufacturing labor-hours to weave a rug at a budgeted rate of $17 per hour. It budgets 0.2 machine-hours to dye each skein in the dyeing process. E (Click the icon to view the budgeted overhead costs.) Read the requirements. Requirement 1. Prepare a direct material usage budget in both units and dollars. More Info Begin with the physical units portion, then…
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Problem 20-1A (Algo) Manufacturing: Preparing production, materials, labor, and overhead budgets LO P1 [The following information applies to the questions displayed below.] Black Diamond Company produces snowboards. Each snowboard requires 1 pounds of carbon fiber. Management reports that 6,500 snowboards and 7,500 pounds of carbon fiber are in inventory at the beginning of the third quarter, and that 165,000 snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with 5,000 snowboards and 5,500 pounds of carbon fiber in inventory. Carbon fiber costs $14 per pound. Each snowboard requires 0.5 hour of direct labor at $19 per hour. Variable overhead is budgeted at the rate of $9 per direct labor hour. The company budgets fixed overhead of $1,797,000 for the quarter. Problem 20-1A (Algo) Part 4 4. Prepare the factory overhead budget for the third quarter. BLACK DIAMOND COMPANY Factory Overhead Budget Direct labor hours needed Budgeted…

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Particulars	overhead A	cost driver B	overhead rate A/B
Orders and receiving	$93125	12500	$7.45	per order
Food processing	$515370	61500	$8.38	per mh
Packaging	$1649200	434000	$3.8	per lh