The following data have been provided by Miller Corporation from its activity-based costing accounting system:Factory supervisionIndirect factory laborDistribution of Resource Consumption across Activity Cost Pools:Batch Set-Up Expediting Other35%10%20%20%Activity Cost PoolsFactory supervisionIndirect factory laborThe "Other" activity cost pool consists of the costs of idle capacity andorganization-sustaining costs that are not assigned to products.O $680,000$385,000$ 460,000$ 220,00055%60%O $391,000How much factory supervision and indirect factory labor cost would be assignedto the Batch Set-Up activity cost pool?O $340,000Total100%100%

Cost assigned to activity cost pool based on the costs drivers is done under the activity based…

The following data have been provided by Miller Corporation from its activity- based costing accounting system: Factory supervision Indirect factory labor Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Set-Up Expediting Other Factory supervision 35% 10% Indirect factory labor 20% 20% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. $680,000 O $385,000 55% 60% How much factory supervision and indirect factory labor cost would be assigned to the Batch Set-Up activity cost pool? O $391,000 $ 460,000 $ 220,000 $340,000 Total 100% 100%

The following data have been provided by Miller Corporation from its activity- based costing accounting system: Factory supervision Indirect factory labor Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Set-Up Expediting Other Factory supervision 35% 10% Indirect factory labor 20% 20% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. $680,000 O $385,000 55% 60% How much factory supervision and indirect factory labor cost would be assigned to the Batch Set-Up activity cost pool? O $391,000 $ 460,000 $ 220,000 $340,000 Total 100% 100%

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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A company has provided the following data from its activity-based costing accounting system: Indirect factory wages $552,000 Factory equipment depreciation $332,000 Distribution of Resource Consumption across Activity Cost Pools: 14 Activity Cost Pools Customer Product Orders Processing Other Total Indirect factory wages 55% 35% 10% 100% Factory equipment depreciation 30% 50% 20% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization- sustaining costs, How much indirect factory wages and factory equipment depreciation cost would NOT be assigned to products using the activity-based costing system? Multiple Choice $552,000 $332.000 $121,600 $0
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MFCB Ltd uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system. Activity Cost Pool Total Cost (RM) Total Activity Cleaning 442,068 78,800 hours Job support 52,801 1,900 jobs Client support 9,170 350 clients Other 110,601 Not applicable Total 614,640 The expenses of idle capacity and organization-sustaining expenditures are included in the 'Other' activity cost pool. One particular client, DNO Ltd, requested 46 jobs during the year that required a total of 92 hours of housecleaning. For this service, the client was charged RM2,230. TASK: Compute the predetermined overhead rate if the company chooses cleaning hours as the allocation base.
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A company has provided the following data from its activity-based costing accounting system: Indirect factory wages Factory equipment depreciation S 27,000 $ 204,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Indirect factory wages Factory equipment depreciation Product Processing 48% 25% Customer Orders Other 38 128 Total 100% 100% 63% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total amount of indirect factory wages and factory equipment depreciation costs that would be allocated to the Product Processing activity cost pool. b. Determine the total amount of indirect factory wages and factory equipment depreciation costs that would NOT be assigned to products. Complete this question by entering your answers in the tabs below. Required A Required B Determine the total amnount of indirect factory wages and factory equipment…