The 2020 cost pool budget for Mandeep Industries that produces television sets is as follows: Machine set up related costs 118200 Engineering related 82200 Quality Control 100400 300800 Budgeted activity levels for 2020 Direct labour hours 9600 Quality inspections 14700 Machine Set-up hours 1260 Engineering changes 1420 For a particular production run of 2,000 LED TVs, the activityt levels were as follows: Direct labour hours 2350 Quality inspections 2300 Machine Set-up hours 960 Engineering changes 490 Required: Calculate the overhead cost of 1 TV set using ABC to apply overheads
The 2020 cost pool budget for Mandeep Industries that produces television sets is as follows: Machine set up related costs 118200 Engineering related 82200 Quality Control 100400 300800 Budgeted activity levels for 2020 Direct labour hours 9600 Quality inspections 14700 Machine Set-up hours 1260 Engineering changes 1420 For a particular production run of 2,000 LED TVs, the activityt levels were as follows: Direct labour hours 2350 Quality inspections 2300 Machine Set-up hours 960 Engineering changes 490 Required: Calculate the overhead cost of 1 TV set using ABC to apply overheads
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The 2020 cost pool budget for Mandeep Industries that produces television sets is as follows:
Machine set up related costs | 118200 | ||
Engineering related | 82200 | ||
Quality Control | 100400 | ||
300800 |
Budgeted activity levels for 2020 | ||
Direct labour hours | 9600 | |
Quality inspections | 14700 | |
Machine Set-up hours | 1260 | |
Engineering changes | 1420 |
For a particular production run of 2,000 LED TVs, the activityt levels were as follows:
Direct labour hours | 2350 | |
Quality inspections | 2300 | |
Machine Set-up hours | 960 | |
Engineering changes | 490 |
Required:
Calculate the overhead cost of 1 TV set using ABC to apply
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