The controller for Donut Cooking Oil Co. established the following overhead cost pools and cost drivers: Estimated Cost Driver Level Cost Driver $42,900 # of setups $37,440 # of barrels. 33 setups 2,340 barrels $94,860 # of inspections 306 inspections $51,750 # of machine hours 3,450 machine hours. Overhead Cost Pool Machine setup Materials handling Quality control Machine utilities/ maintenance An order of 80 finished barrels of cooking oil used: Machine setups Materials handling Quality inspections Machine hours 3 setups 246 barrels 30 inspections ??? machine hours If the company uses activity-based costing and the total overhead charged to the order was $21,546, how many machine hours were used to complete the order? Select one: O O a. 294 b. 354 Budgeted Overhead c. 1,437 d. 327

The controller for Donut Cooking Oil Co. established the following overhead cost pools and cost drivers: Estimated Cost Driver Level Cost Driver $42,900 # of setups $37,440 # of barrels. 33 setups 2,340 barrels $94,860 # of inspections 306 inspections $51,750 # of machine hours 3,450 machine hours. Overhead Cost Pool Machine setup Materials handling Quality control Machine utilities/ maintenance An order of 80 finished barrels of cooking oil used: Machine setups Materials handling Quality inspections Machine hours 3 setups 246 barrels 30 inspections ??? machine hours If the company uses activity-based costing and the total overhead charged to the order was $21,546, how many machine hours were used to complete the order? Select one: O O a. 294 b. 354 Budgeted Overhead c. 1,437 d. 327

Name: The controller for Donut Cooking Oil Co. established the following ov
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Description: The controller for Donut Cooking Oil Co. established the following overhead cost pools and cost drivers:Estimated Cost Driver Level33 setupsBudgeted Overhead Cost Driver$42,900 # of setups$37,440 # of barrels$94,860 # of inspections 306 inspections$

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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