Ma4.Please give only typed answer. Whirlwind Fan Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct material cost is $90.00, and each ceiling fanrequires 2 hours of machine time to manufacture. Additional information is as follows:ActivityMaterials handlingMachiningAssemblingPackagingPredetermined OverheadAllocation RateAllocation BaseNumber of partsMachine hoursNumber of partsNumber of finished unitsWhat is the cost of materials handling per ceiling fan? (Round any intermediate calculations and your final answer to two decimal places)OA $7.00OB. $1.20OC. $4.40OD. $2.20$0.0670.3522CELLS Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2,700 cookware sets for $250 each in April and 3.200 cookware sets for $265in May. Sales are 35% cash and 65% on account Compute the total budgeted sales for MayOA. $551,200OB. $296,800OC. $675,000OD. $848,000CEEEER

Solution.. Question 1 Total material handling cost per fan = Activity rate per parts * number…

Whirlwind Fan Company manufactures ceiling fans and uses an activity-based costing system. Each celling fan has 20 separate parts. The direct material cost is $90.00, and each ceiling fan requires 2 hours of machine time to manufacture. Additional information is as follows: Activity Materials handling Machining Assembling Packaging What is the cost of materials handling per ceiling fan? (Round any intermediate calculations and your final answer to two decimal places.) OA. $7.00 OB. $1.20 OC. $4.40 OD. $2.20 Allocation Base Number of parts Predetermined Overhead Allocation Rate Machine hours Number of parts Number of finished units $0.06 7 0.35 22 CETTE

Whirlwind Fan Company manufactures ceiling fans and uses an activity-based costing system. Each celling fan has 20 separate parts. The direct material cost is $90.00, and each ceiling fan requires 2 hours of machine time to manufacture. Additional information is as follows: Activity Materials handling Machining Assembling Packaging What is the cost of materials handling per ceiling fan? (Round any intermediate calculations and your final answer to two decimal places.) OA. $7.00 OB. $1.20 OC. $4.40 OD. $2.20 Allocation Base Number of parts Predetermined Overhead Allocation Rate Machine hours Number of parts Number of finished units $0.06 7 0.35 22 CETTE

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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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Ma4.

Please give only typed answer.

Whirlwind Fan Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct material cost is $90.00, and each ceiling fan
requires 2 hours of machine time to manufacture. Additional information is as follows:
Activity
Materials handling
Machining
Assembling
Packaging
Predetermined Overhead
Allocation Rate
Allocation Base
Number of parts
Machine hours
Number of parts
Number of finished units
What is the cost of materials handling per ceiling fan? (Round any intermediate calculations and your final answer to two decimal places)
OA $7.00
OB. $1.20
OC. $4.40
OD. $2.20
$0.06
7
0.35
22
CELLS

Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2,700 cookware sets for $250 each in April and 3.200 cookware sets for $265
in May. Sales are 35% cash and 65% on account Compute the total budgeted sales for May
OA. $551,200
OB. $296,800
OC. $675,000
OD. $848,000
CEEEER

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