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Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Total Direct Direct Labor-Hours Per unit Expected Labor- Production Hours Product E1 1,100 10.0 11,e00 Product A7 50e 5.0 2,500 Total direct labor-hours 13,500 The direct labor rate is $24.00 per DLH. The direct materlals cost per unit for each product Is glven below: Direct Materials Cost per Unit Product E1 $276.00 Product A7 $266. 00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Labor-related Measures Cost Product E1 Product A7 Total DLHS $ 130, 200 11,000 2,500 13,500 Machine setups setups 61,400 1, 200 500 1,700 Order size MHS 960, 340 3,100 3,500 6,600 $1,151,940 The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multipie Cholce $1.151.910 S600,465 $2.160,725 $451,001

Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Total Direct Direct Labor-Hours Per unit Expected Labor- Production Hours Product E1 1,100 10.0 11,e00 Product A7 50e 5.0 2,500 Total direct labor-hours 13,500 The direct labor rate is $24.00 per DLH. The direct materlals cost per unit for each product Is glven below: Direct Materials Cost per Unit Product E1 $276.00 Product A7 $266. 00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Labor-related Measures Cost Product E1 Product A7 Total DLHS $ 130, 200 11,000 2,500 13,500 Machine setups setups 61,400 1, 200 500 1,700 Order size MHS 960, 340 3,100 3,500 6,600 $1,151,940 The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multipie Cholce $1.151.910 S600,465 $2.160,725 $451,001

FINANCIAL ACCOUNTING
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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Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Total Direct Direct Labor-Hours Expected Production 1,100 Labor- Per unit Hours Product E1 10.0 11,000 Product A7 500 5.0 2,500 Total direct labor-hours 13,500 The direct labor rate is $24.00 per DLH. The direct materlals cost per unlt for each product Is glven below: Direct Materials Cost per Unit $276.00 Product E1 Product A7 $266.00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Estimated Activity Overhead Product E1 Activity Cost Pools Labor-related Measures Cost Product A7 Total $ 130, 200 11,000 2,500 13,500 DLHS Machine setups setups 61,400 960, 340 1, 200 500 1,700 Order size MHS 3,100 3,500 6,600 $1,151,940 The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Cnolce $1151,910 S600,465 $2.160,725 $451,081
Transcribed Image Text:Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data conceming the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Total Direct Direct Labor-Hours Expected Production 1,100 Labor- Per unit Hours Product E1 10.0 11,000 Product A7 500 5.0 2,500 Total direct labor-hours 13,500 The direct labor rate is $24.00 per DLH. The direct materlals cost per unlt for each product Is glven below: Direct Materials Cost per Unit $276.00 Product E1 Product A7 $266.00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Estimated Activity Overhead Product E1 Activity Cost Pools Labor-related Measures Cost Product A7 Total $ 130, 200 11,000 2,500 13,500 DLHS Machine setups setups 61,400 960, 340 1, 200 500 1,700 Order size MHS 3,100 3,500 6,600 $1,151,940 The total overhead appled to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Cnolce $1151,910 S600,465 $2.160,725 $451,081
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