Swifty Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Swifty is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be assigned to each product line. The information shown below relates to overhead. Mobile Safes Walk-in Safes 200 50 300 450 Units planned for production Material moves per product line Purchase orders per product line Direct labor hours per product line (a) ✓ Your answer is correct. (1) One mobile safe $ (2) One walk-in safe eTextbook and Media The total estimated manufacturing overhead was $260,000. Under traditional costing (which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, e.g. 12.25) (61) (a) (b) One mobile safe $ One walk-in safe 800 $ $ 416 The total estimated manufacturing overhead of $260,000 was comprised of $160,000 for materials handling costs and $100,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, eg. 12.25.) What amount of materials handling costs are assigned to: 200 350 3,536 1,700 per unit per unit each each
Swifty Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Swifty is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be assigned to each product line. The information shown below relates to overhead. Mobile Safes Walk-in Safes 200 50 300 450 Units planned for production Material moves per product line Purchase orders per product line Direct labor hours per product line (a) ✓ Your answer is correct. (1) One mobile safe $ (2) One walk-in safe eTextbook and Media The total estimated manufacturing overhead was $260,000. Under traditional costing (which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, e.g. 12.25) (61) (a) (b) One mobile safe $ One walk-in safe 800 $ $ 416 The total estimated manufacturing overhead of $260,000 was comprised of $160,000 for materials handling costs and $100,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, eg. 12.25.) What amount of materials handling costs are assigned to: 200 350 3,536 1,700 per unit per unit each each
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 7E: The management of Nova Industries Inc. manufactures gasoline and diesel engines through two...
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Transcribed Image Text:Swifty Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Swifty is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be assigned to each product line. The information shown below relates to overhead.
Units planned for production
Material moves per product line
Purchase orders per product line
Direct labor hours per product line
(a)
(1) One mobile safe $
(2)
Your answer is correct.
(b1)
eTextbook and Media
(a)
One walk-in safe
(b)
The total estimated manufacturing overhead was $260,000. Under traditional costing (which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, e.g. 12.25.)
One mobile safe
$
One walk-in safe
Mobile Safes Walk-in Safes
$
200
$
300
450
800
416
50
3,536
200
The total estimated manufacturing overhead of $260,000 was comprised of $160,000 for materials handling costs and $100,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, e.g. 12.25.)
What amount of materials handling costs are assigned to:
350
1,700
per unit
per unit
each
each
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