SweetTreats Bakery has two activities: machine setup and baking, which are driven by setup hours and oven hours, respectively. The company produces two products: Brownies and Muffins, with the following information: Brownies Muffins Activity Rates Direct Materials & Direct Labor $512,300 $625,800 Units Produced Setup Hours Oven Hours Question: 9,150 27,850 3,500 1,200 $45 per setup hour 2,200 6,150 $135 per oven hour Using Activity-Based Costing (ABC), what is the total overhead assigned to Brownies?

SweetTreats Bakery has two activities: machine setup and baking, which are driven by setup hours and oven hours, respectively. The company produces two products: Brownies and Muffins, with the following information: Brownies Muffins Activity Rates Direct Materials & Direct Labor $512,300 $625,800 Units Produced Setup Hours Oven Hours Question: 9,150 27,850 3,500 1,200 $45 per setup hour 2,200 6,150 $135 per oven hour Using Activity-Based Costing (ABC), what is the total overhead assigned to Brownies?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

See similar textbooks

Similar questions

The following product costs are available for Kellee Company on the production of eyeglass frames: direct materials, $32,125; direct labor, $23.50; manufacturing overhead, applied at 225% of direct labor cost; selling expenses, $22,225; and administrative expenses, $31,125. The direct labor hours worked for the month are 3,200 hours. A. What are the prime costs? B. What are the conversion costs? C. What is the total product cost? D. What is the total period cost? E. If 6.425 equivalent units are produced, what is the equivalent material cost per unit? F. What is the equivalent conversion cost per unit?
The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
Sabroso chocoloate ...I need questions answers
Saved Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $540 per batch. The activity drivers are used as follows: Product A Product X Total Machine hours 1,400 3,100 4,500 Number of batches 47 18 65 15 What is the amount of Inspection cost assigned to Product A? Multiple Cholce $9.720 $25,380 $252,000
Vattes, Incorporated, manufactures and sells two products: Product 15 and Product U1. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Product 15 Product U1 Direct Labor- Expected Hours Per Production Unit 700 7.0 200 4.0 Activity Cost Pools Labor-related Machine setups Order size Product 15 Product U1 Total direct labor-hours The direct labor rate is $22.00 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit $ 261.60 $ 121.60 Activity Measures DLHS setups MHS The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity, Expected Activity Total Direct Labor- Estimated Overhead Cost $ 268,698 Hours 4,900 800 5,700 37,324 633,895 $939,917 Product 15 Product U1 4,900 300 4,900 800 400 4,800 Total 5,700 700 9,700
Modiste Inc. Manufactures two kinds of bags - totes and satchels. Please answer the general accounting question
Fogerty Company makes two products-itanlum Hubs and Sprockets. Data regarding the two products follow. Direct Labor-Hours per Unit Annual Production Hubs e.70 13,e00 units Sprockets e.30 50,e00 units Additional Information about the company follows: a. Hubs require $30 In direct materials per unit, and Sprockets require $19. b. The direct labor wage rate is $19 per hour. C. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Sprockets 80 Estinated Overhead Total 180 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (nachine-hours) General factory (organization-sustaining) Cost Hubs $ 19,880 $ 110,e00 $ 144,180 100 4,400 NA 4,400 NA NA Required: 1. Compute the activity rate for each activity cost pool. 2 Determine the unit product cost of each product according to the ABC system. Complete this question by entering your answers in the tabs below.…
Reliability Co. makes two products. Regular and Supreme. Overhead costs of machining is $2.000.000 and machine hours is the activity used to allocate the costs: and assembling. $1,000.000 which uses the number of parts as the allocation base. Information on the two products is: Regular Supreme Direct labor hours 10.000 15.000 Machine hours 10.000 30,000 Number of parts 90,000 160,000 Overhead applied to Supreme using activity-based costing is $860,000. $1,200,000. $1.800,000. $2,140,000
Mukhi
Steven Co. has two products: A and B. The following is information about the machine hour activity in its factory: Line Item Description Estimated cost Estimated activityProduct A Estimated activityProduct B Total Machine Hours $17,500 760 260 1,020
Lynwood, Inc. produces two different products (Product activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $580 per batch. The activity drivers are used as follows: and Product X) using two different activities: Machining, which uses machine hours as an Product A Product X Total 1,200 Machine hours 3,200 4,400 Number of batches 55 18 73 What is the amount of Inspection cost assigned to Product X? Multiple Choice $31,900 $42,340 $216,000 $10,440 MacBook Pro ** 888 & 23 8 3 E R T Y P Q W J K > C V M command optio command
SIMPly Power Inc., manufactures and sells two products: Product V9 and Product B1. Data concerning the expected production of each product and the expected total direct labour-hours (DLHS) required to produce that output appear below: Product V9 Product B1 Total direct labour-hours Product V9 Product B1 Activity Cost Pools Labour-related The direct labour rate is $27.40 per DLH. The direct materials cost per unit for each product is given below: Machine setups General factory Expected Production 300 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: O $86.5 per unit 800 O $129.12 per unit O $217.95 per unit O $272.08 per unit Activity Measures DLHS Direct Labour-Hours Per Unit 5.0 3.0 setups Direct Materials Cost per Unit $176.90 $262.80 MHS Estimated Overhead Cost $94,848 36,990 62,408 $194,246 Total Direct Labour- Hours 1,500 2,400 3.900 Expected Activity Product V9 Product B1 Total…