Part 1 & 2 The following overhead cost information is available for the James Corporation:ActivityPurchasingAllocation Base (Driver)Number of purchase ordersOverhead Cost$410,000ReceivingNumber of shipments received $130,000Machine setups Number of setupsQuality control Number of inspections$405,000$155,000During the year, 9,000 purchase orders were issued; 27,000 shipments were received; 4,500 machine setupsoccurred; and 9,500 inspections were conducted. Employees worked a total of 12,000 hours on production.1. Determine the overhead rate, using the traditional overhead allocation method based on direct laborhours.2. Determine the overhead rate for each of the activities, assuming that ABC is used.

Explanation of Overhead Costs:Overhead costs are the indirect costs incurred by a business that…

Answered: The following overhead cost information…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 2CE: Corazon Manufacturing Company has a purchasing department staffed by five purchasing agents. Each...

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Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: Activity Expected Cost Activity Driver Activity Capacity $138,000 Number of setups 10,200 Number of orders 92,400 Machine hours 18,480 Receiving hours phones with the following expected activity demands: Setting up equipment Ordering materials Machining Receiving Silven produces two models of cell Model X 5,000 80 200 6,600 385 Units completed Number of setups Number of orders Machine hours Receiving hours Required: Model Y 10,000 40 400 4,950 770 120 600 11,550 1,155
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XYZ has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $228,060 18,000 machine-hours Processing orders $ 34,068 1,600 orders Inspection $125,560 1,720 inspection hours The company makes 420 units of product YBY a year, requiring a total of 460 machine-hours, 80 orders, and 10 inspection-hours per year. The product's direct materials cost is $48.96 per unit and its direct labor cost is $25.36 per unit. According to the activity-based costing system, the average cost of product YBY is closest to: O a. $94.00 per unit O b. $94.26 per unit Oc. $93.99 per unit O d. $95.77 per unit е. None of the given answer is correct.
XYZ has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $228,060 18,000 machine-hours Processing orders $ 34,068 1,600 orders Inspection $125,560 1,700 inspection hours The company makes 420 units of product YBY a year, requiring a total of 460 machine-hours, 80 orders, and 20 inspection-hours per year. The product's direct materials cost is $48.96 per unit and its direct labor cost is $25.36 per unit. According to the activity-based costing system, the average cost of product YBY is closest to: O a. $93.99 per unit O b. None of the given answer is correct. O. $95.77 per unit O d. $94.00 per unit O e. $94.26 per unit CLEAR MY CHOICE MacBook Air 20 F3 F1 $ % & # 5 6. 7 8 1 2 3 4 T. Y Q W E と K F G تثبيت A (( S V alt الأوامر C. I R
Feldpausch Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $ 1,398,250 65,800 machine-hours Processing orders $ 69,451 2,520 orders Inspection $ 184,800 2,400 inspection-hours The company makes 920 units of product W26B a year, requiring a total of 1,290 machine-hours, 61 orders, and 40 inspection-hours per year. The product's direct materials cost is $57.55 per unit and its direct labor cost is $13.56 per unit. The product sells for $123.50 per unit. According to the activity-based costing system, the product margin for product W26B is: (Round your intermediate calculations and final answers to 2 decimal places.)
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A company identified the following partial list of activities, costs, and activity drivers expected for the next year: Activity Extrusion costs Handling costs Packaging costs Production volume Batches made Expected Costs $ 83,600 $ 8,800 Cost Driver Number batches made Number of orders filled $ 40,500 Number of units made Product A Product B 750,000 units 600,000 units 200 batches 75 750 batches 200 Orders filled How much overhead in total will be assigned to the Product A line using activity-based costing? Select one: O a. $132,900. O b. $42,500. O c. $66,450. O d. $90,400. O e. $66,000.
EFG Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Assembly Processing orders Inspection Total Cost Total Activity 61,200 machine-hours $ 1,282,140 $ 53,958 $ 181,350 2,040 orders 2,340 inspection-hours The company makes 1,100 units of product EG8 a year, requiring a total of 1,200 machine-hours, 131 orders, and 31 inspection-hours per year. The product's direct materials cost is $50.89 per unit and its direct labor cost is $20.56 per unit. The product sells for $113.30 per unit. According to the activity-based costing system, the product margin for product EG8 is: (Round your intermediate calculations and final answers to 2 decimal places.) Multiple Choice $15,027.55 $46,035.00 О $17,430.05 $18,492.50
Find the activity rate of scheduling activity cost. Show all your calculations for upvote.
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Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Assembly Processing orders Inspection Estimated Overhead Cost $ 517,520 $ 63,763 $ 87,089 Expected Activity 53,500 machine-hours 2,050 orders. 2,060 inspection-hours Data concerning the company's product L19B appear below: Annual unit production and sales Annual machine-hours Annual number of orders. Annual inspection hours Direct materials cost Direct labor cost 620 1,180 260 210 $56.74 per unit $29.45 per unit According to the activity-based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to 2 decimal places.) Im
Clear Water Bay Inc. has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Cost driver Assembly $700,000 35,000 machine-hours Processing orders $66,500 1,900 orders Inspection $37,920 1,580 inspection-hours Data concerning the company's product P58Z appear below: Annual unit production 400 Annual machine-hours 1,000 Annual number of orders 200 Annual inspection hours 30 Direct material cost $34.78 per unit Direct labor cost $24.08 per unit According to the activity-based costing system, what is the total cost per unit of product P58Z ? (Round your fınal answer to two decimal places)

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