Winner Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $100,000. The budgeted number of nozzles to be inserted is 50,000. What is the budgeted indirect cost allocation rate for this activity? a. $2.50 b. $2.00 c. $3.00 d. $4.00

Winner Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $100,000. The budgeted number of nozzles to be inserted is 50,000. What is the budgeted indirect cost allocation rate for this activity? a. $2.50 b. $2.00 c. $3.00 d. $4.00

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 31P: Haysbert Company provides management services for apartments and rental units. In general, Haysbert...

See similar textbooks

Related questions

Q: General accounting

A: Step 1: Define Overapplied and Underapplied OverheadOverapplied overhead occurs when the applied…

Q: Can you help me with accounting questions

A: Step 1: Definition of Stockholders' EquityStockholders' equity represents the residual interest in a…

Q: Please solve this general Accounting question not use ai..

A: Step 1: Define Future Value (FV)Future value (FV) represents the value of an investment at a future…

Q: For Eckstein Company, the predetermined overhead rate is 118% of direct labor cost. During the…

A: Concept of Predetermined Overhead RateA predetermined overhead rate is an estimated rate used to…

Q: General Accounting

A: Step 1: Define Present Value (PV) in DiscountingPresent Value (PV) is the current worth of a future…

Q: What should be the price earning ratio of this company? Accounting

A: We will determine the Price-Earnings (P/E) ratio using the Dividend Discount Model (DDM), also known…

Q: Provide answer me accounting

A: Step 1: Identify EBIT(1-T) (Net Operating Profit After Taxes)Step 2: Identify Net Capital…

Q: Please help this problem

A: Step 1: Definition of Unit Product Cost Using Traditional CostingUnit product cost is the total cost…

Q: Abc general accounting

A: Step 1: Definition of Return on Assets (ROA)Return on assets (ROA) is a financial ratio that…

Q: Correct answer? General Accounting

A: Step 1: Define Spending VarianceThe Spending Variance measures the difference between the actual…

Q: How much profit is it earning per share? General accounting

A: Step 1: Definition of P/E RatioThe Price-to-Earnings (P/E) Ratio is a financial metric that compares…

Q: In higher education settings, students might encounter fellow classmates with backgrounds,…

A: The first step the instructor should take is to acknowledge the incident. This can be done by…

Q: Compute the account receivable turnover

A: Explanation of Accounts Receivable Turnover Ratio:The accounts receivable turnover ratio measures…

Q: What was stockholders equity

A: Step 1: Define Total EquityIn accounting, total equity refers to the total assets net of…

Q: Financial Accounting

A: Step 1: Define Preferred Stock ValuationPreferred Stock Valuation refers to the process of…

Q: I want to correct answer general accounting question

A: Step 1:First, calculate the interest cost: Interest cost = PBO, beginning * Discount rate…

Q: How much of the expense listed....

A: To calculate how much of the expenses listed are included in Perry's general and administrative…

Q: Need help this question financial accounting

A: Step 1: Definition of Plantwide Factory Overhead RateThe plantwide factory overhead rate is a single…

Q: Determine the value of the companys inventory

A: Explanation of Lower-of-Cost-or-Market (LCM) Approach:The Lower-of-Cost-or-Market (LCM) approach is…

Q: The journal entry to record the borrowing of cash and the signing of a note payable involves:

A: When a company borrows cash and signs a note payable, it records the transaction as follows: Debit…

Q: What price should the preferred stock sell for this financial accounting question?

A: Step 1:First, calculate the preferred dividend amount: Preferred dividend = Par value * Dividend…

Q: Need help this question

A: Given:Sales = $687,400Total debt = $210,000Total equity = $465,000Profit margin = 4.2%…

Q: General Accounting

A: REQUIREMENT 1 Understanding Gross Profit Gross profit is the revenue a company retains after…

Q: General Accounting question

A: Detailed explanation:Given:Expenditures on infrastructure and services $ 15 billionTax revenue $ 12…

Q: Can you please solve this questions

A: Detailed explanation:Given:Profit is 5.6% of Sales of $ 13.6 millionTotal Assets. $ 9.8 million…

Q: Financial accounting

A: Step 1: Definition of Debt-to-Equity RatioThe debt-to-equity (D/E) ratio is a measure of financial…

Q: Clarabell Incorporated uses the conventional retail method to estimate ending inventory. Cost data…

A: Step 1:The conventional retail method shows the relationship between the cost of merchandise and its…

Q: In xyz Co

A: 1. Calculate Profit MarginProfit Margin = (Net Income / Sales)Profit Margin = ($41 billion / $86…

Q: Can you help me with accounting questions

A: Understanding the Accounting Equation The foundation of accounting lies in the accounting equation:…

Q: Need help

A: Calculating Overhead Applied to Production Step 1: Calculate the Predetermined Overhead Rate The…

Q: Hii expert please given correct answer general Accounting

A: Step 1: Define Net IncomeNet income represents the company's profit after deducting all costs,…

Q: Hello teacher please solve this problem

A: Step 1: Total variable overhead at 86 guests Total variable overhead at 86 guests = Supplies +…

Q: Hii expert please given correct answer general Accounting

A: Given Data:Plan InformationAmount ($)Plan Assets (Jan 1, 2024)2,200,000Plan Assets (Dec 31,…

Q: Accounting question

A: The question requires the determination of the beta of the stock using the CAPM. Beta (β) is the…

Q: hi expert please help me

A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…

Q: Can you help me with accounting questions

A: Step 1: Definition of Manufacturing OverheadManufacturing overhead includes all indirect costs…

Q: Help me this question

A: Step 1: Definition of Cash Conversion Cycle (CCC)The Cash Conversion Cycle (CCC) measures how long…

Q: Determine for 2022

A: Explanation of Other Comprehensive Income (OCI):Other Comprehensive Income (OCI) consists of…

Q: Abc financial accounting

A: Step 1: Definition of Total Job CostTotal job cost includes direct labor costs and applied overhead…

Q: Kindly help me with accounting questions

A: Step 1: Definition of Cash CycleThe cash cycle (or cash conversion cycle) measures the time in days…

Q: RoE in 2018

Q: What will the opereting profit

A: Step 1: Definition of Cost-Volume-Profit (CVP) AnalysisCost-Volume-Profit (CVP) Analysis helps…

Q: Help with accounting question

A: Step 1: Formula Degree of operating leverage = Contribution margin/Net operating income Step 2:…

Q: Financial accounting question

A: Step 1: Define Stockholders' EquityStockholders' equity represents the residual interest in a…

Q: The Marchetti Soup Company entered into the following transactions during the month of June: (1)…

A: Let's analyze each transaction step by step and determine the impact on the accounting equation:…

Q: Cool Comfort currently sells 360 Class A spas, 520 Class C spas, and 230 deluxe model spas each…

A: Step 1: Determine the decrease in sales for affected productsStep 2: Calculate lost revenue for each…

Q: Help me to solve this questions

A: Step 1: Definition of Indirect Cost Allocation RateIndirect cost allocation rate is the cost…

Q: Linden corp. has the following information

A: To estimate the ending inventory, we use the Gross Profit Method: 1: Determine the Cost of Goods…

Q: Need help

A: 1. Understand the DuPont Formula:ROE is broken down into:ROE = Tax Burden × Interest Burden × Return…

Q: The equivalent units of production are?

A: Explanation of Weighted-Average Method: The weighted-average method is a process costing technique…

Question

What is the budgeted indirect cost allocation rate for this activity

Winner Company produces a special spray nozzle. The budgeted indirect
total cost of inserting the spray nozzle is $100,000. The budgeted number
of nozzles to be inserted is 50,000. What is the budgeted indirect cost
allocation rate for this activity?
a. $2.50
b. $2.00
c. $3.00
d. $4.00

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Typed answer only
13) Dalrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $68,750. The budgeted number of nozzles to be inserted is 11,000. What is the budgeted indirect cost allocation rate for this activity? A) $0.16 B) $0.32 C) $1.16 D) $6.25
Hello tutor please provide correct answer accounting question not use ai..
Need correct answer general accounting question
1.We need to develop and install ten printers drivers within 10 weeks for a budget of 100.000$. We should finish 1 printer per week with cost of 10.000 for each printer. At week 5, we finished installing 4 printers with an actual cost of 47500 $ Calculate the performance for this project in terms of cost and time by calculate the following: The budget cost of the work scheduled The budget cost of the work performed The actual cost of the work performed The cost variance The cost performance index
Exercises: 5.Lasse has an ice-cream stall. The budgeted costs for the following year are as follows: - material (ice-cream, chocolate...) - rent - salaries - depreciation - interest - other overheads 45 000 23 320 79 300 5 400 6 100 2 900 a) How much is the overhead rate (without profit)? b) How much is the overhead rate, if the expected profit for the following year is 10 000 euros? c) How much should the price of an ice-cream serving be, if the direct costs are 1,20 euros. Use the overhead rate of b)?
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2019 were as follows: Static Budget Victor House-Mate Total Number sold 6,000 24,000 30,000 Contribution margin $1,560,000 $3,120,000 $4,680,000 Actual Results Victor House-Mate Total Number sold 5,000 35,000 40,000 Contribution margin $1,400,000 $4,130,000 $5,530,000 What is the total sales-volume variance in terms of the contribution margin? a. $1,170,000 favorable b. $850,000 unfavorable c. $1,260,000 favorable d. $320,000 unfavorable
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House - Mate for residences. Budgeted and actual operating data for the year 2020 were as follows Static Budget Victor House-Mate Total 6,600 $1,560,000 27,000 $3,140,000 Number sold 33,600 $4,700,000 Contribution margin Actual Results Victor House-Mate Total Number sold Contribution margin 5,400 $1,400,000 38,000 $4,130,000 43,400 $5,530,000 What is the total flexible - budget variance in terms of the contribution margin? (Round intermediary calculations to the nearest dollar.) A. $4,408,000 unfavorable O B. $152,400 unfavorable O C. $1,274.400 favorable O D. $152,400 favorable
Haysbert Company provides management services for apartments and rental units. In general, Haysbert packages its services into two groups: basic and complete. The basic package includes advertising vacant units, showing potential renters through them, and collecting monthly rent and remitting it to the owner. The complete package adds maintenance of units and bookkeeping to the basic package. Packages are priced on a per-rental unit basis. Actual results from last year are as follows: Haysbert had budgeted the following amounts: Required: 1. Calculate the contribution margin variance. 2. Calculate the contribution margin volume variance. 3. Calculate the sales mix variance.
Please help me
Filtration, Inc. manufactures filters for use in secondary water irrigation systems. The costs per unit, for 20,000 filters, are as follows. Direct materials $8.00 Direct labor 9.00 Variable overhead 1.00 Fixed overhead 2.00 Total costs $20.00 Irrigation Products has offered to sell 20,000 filters to Filtration for $20 per filter. If Filtration accepts Irrigation Products’ offer, the facilities used to manufacture filters could be used to produce refrigerator filtration units. Revenues from the sale of refrigerator filtration units are estimated at $57,000, with variable costs amounting to 50% of sales. In addition, $1 per unit of the fixed overhead associated with the manufacture of secondary water irrigation filters could be eliminated. Compute the following: Cost to make filters Answer Cost to buy filters Answer Should Filtration, Inc. accept Irrigation Product’s offer? Yes, the cost to purchase the filters is less than the cost to make them.…
am.222.