Vandalay Industries manufactures two products: toasters and blenders. The annual production and sales of toasters is 2,100 units, while 1,700 units of blenders are produced and sold. The company hours its to direct labor hours per require 0.75 The estimated overhead for the period is $148.315. The company is looking at the possibility of changing to an activity-based costing system for its products. If the company used an activity-based costing system, it would have the following three activity cost pools Expected activity Activity cost pool Setup costs Estimated overhead cost $8.585 Toasters 205 batches Blenders 420 batches OA $56 45 per engineering hour OB $17.37 per engineering hour OC. $40.90 per engineering hour OD $13.74 per engineening hour. Engineering costs Maintenance $71,980 880 engineering hours costs $67,750 2.825 direct labor hours $146.315 Total The cost pool activity rate for Engineering Costs would be closest to (Round all answers to two decimal places) Total 625 batches 880 engineening hours 1,275 direct labor hours 1.760 engineering hrs 3.900 direct labor hours Time Remaining 01 46.57 Next

Vandalay Industries manufactures two products: toasters and blenders. The annual production and sales of toasters is 2,100 units, while 1,700 units of blenders are produced and sold. The company hours its to direct labor hours per require 0.75 The estimated overhead for the period is $148.315. The company is looking at the possibility of changing to an activity-based costing system for its products. If the company used an activity-based costing system, it would have the following three activity cost pools Expected activity Activity cost pool Setup costs Estimated overhead cost $8.585 Toasters 205 batches Blenders 420 batches OA $56 45 per engineering hour OB $17.37 per engineering hour OC. $40.90 per engineering hour OD $13.74 per engineening hour. Engineering costs Maintenance $71,980 880 engineering hours costs $67,750 2.825 direct labor hours $146.315 Total The cost pool activity rate for Engineering Costs would be closest to (Round all answers to two decimal places) Total 625 batches 880 engineening hours 1,275 direct labor hours 1.760 engineering hrs 3.900 direct labor hours Time Remaining 01 46.57 Next

Name: Vandalay Industries manufactures two products: toasters and blenders.
Uploaded: 2024-03-20T06:32:49.000Z
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Description: Vandalay Industries manufactures two products: toasters and blenders. The annual production and sales of toasters is 2,100 units, while 1,700 units of blenders are produced and sold. The companyKhas traditionally used direct labor hours to allocate

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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