HelpSave & ExitSubmitTB MC Qu. 7-52 (Algo) Eccles Corporation uses an activity-based costing...Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following dataconcerning its costs and its activity based costing system:Costs:Wages and salariesDepreciationUtilities$ 318,000247,000206,000$ 771,000TotalDistribution of resource consumption:Activity Cost PoolsSetting UpAssemblyOtherTotalWages and salariesDepreciationUtilities30%10%45%25%100%30%20%60%100%50%30%100%How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?Multiple Choice,< Prev19 of.25Next >hp

Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries $ 318,000 247,000 206,000 $ 771,000 Depreciation Utilities Total Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Wages and salaries Depreciation Utilities 45% 30% 25% 100% 30% 10% 60% 100% 20% 50% 30% 100% How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?

Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries $ 318,000 247,000 206,000 $ 771,000 Depreciation Utilities Total Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Wages and salaries Depreciation Utilities 45% 30% 25% 100% 30% 10% 60% 100% 20% 50% 30% 100% How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....

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Learned Corporation has provided the following information: Direct materials. Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions a. Total product cost b. Total period cost Cost per Unit Cost per Period $ 5.80 $ 4.00 $ 1.60 c. Contribution margin per unit d. Total direct manufacturing cost e. Total indirect manufacturing cost $ 0.70 $ 0.60 Variable administrative expense Fixed selling and administrative expense Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 6,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 6,000 units? c. If the selling price is $23.30 per unit, what is the contribution margin per unit sold? Note: Round your answer to 2 decimal places. d. If 7,000 units are produced, what is the total amount of direct manufacturing cost incurred? e. If 7,000 units are produced, what is the total amount of indirect manufacturing…
An allocation base: a. can be units of output if the company has a single product O b. is determined before the period begins. O c. All the given answers are correct. O d. can be direct labor cost e. is a measure used to assign manufacturing overhead costs to products and services PAGE NEXT PAGE IZ TWO Jump CQURSE OUTLINE_SPRING2021 ► tv MacBook Air
Required information Davis Company uses an activity-based costing system in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity-based costing system: Costs: Manufacturing overhead Selling and administrative expenses Total Distribution of Resource Consumption: Manufacturing overhead Selling and administrative expenses Order Size Multiple Choice $180.000 35% 50% $255.000 Activity Cost Pools Customer Other Support 55% 30% 10% 20% $400,000 200,000 $600,000 Total The "Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. You have been asked to complete the first-stage allocation of the costs to the activity cost pools 100% How much cost, in total, would be allocated in the first-stage allocation to the Customer Support activity cost pool? 100%
Vanvalkenburg. Inc., manufactures and sells two products: Product GQ5 and Product JO. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost Product Q5 Product JØ Total Labor-related DLHS $191,748 70,536 295,592 Production orders 3,000 2,800 5,800 orders 300 500 800 Order size MHs 4,300 4,500 8,800 $557,876 The activity rate for the Order Size activity cost pool under activity-based costing is closest to: Multiple Cholce $36.23 per MH $68.48 per MH $96.19 per MH
TB MC Qu. 4-49 Boesenhofer, Inc., manufactures and sells... Boesenhofer, Inc., manufactures and sells two products: Product N6 and Product N7. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost Product N6 Product N7 Labor-related DLHS Total $345,060 128,534 107,598 2,100 600 4,100 Machine setups 5,000 800 3,800 setups 7,100 Order size MHs 1,400 7,900 $581,192 The activity rate for the Machine Setups activity cost pool is closest to: Multiple Cholce $73.57 per setup $91.81 per setup Prev of 36 Next > 10:54 AM 66°F Mostly cloudy 目。 21 10/20/2021 pe here to search DELL Home End Delete PgUp PgDn F12 PrtScr Insert F10 F11 F8 F9 F7 F4 F5 F6 F3 Num Lock Backspace & %23 %24
Suki Company uses activity-based costing to compute product costs for external reports. The company has three activity cost pools and applies overhead using predetermined overhead rates for each activity cost pool. Estimated costs and activities for the current year are presented below for the three activity cost pools: Estimated Overhead Cost Activity 1 Activity 2 Activity 3 Actual activity for the current year was as follows: Actual Activity Activity 1 Activity 2 Activity 3 $34,300 $20,520 $36,112 O a. $30,026.50 O b. $36,112.00 OC. $36,107.00 O d. $35,773.45 1,415 1,805 1,585 0 Expected Activity 1,400 1,800 1,600 The amount of overhead applied for Activity 3 during the year was closest to: Ø
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