The total budgeted material-handling cost is $70,840.CheckRequired:1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lenswould be what amount?2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to onemirror would be what amount?3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for thematerial-handling activity is the number of material moves.4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver forthe material-handling activity is the number of material moves.(For all requirements, do not round your intermediate calculations and round your final answers to the nearest whole dollar.)1. Material-handling cost per lens2. Material-handling cost per mirror3. Material-handling cost per lens4. Material-handling cost per mirror...Prev1 of 7Next > Check nTioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing itsannual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead thatshould be allocated to the individual product lines from the following information.LensesMirrorsUnits producedMaterial moves per product lineDirect-labor hours per unit232317160160The total budgeted material-handling cost is $70,840.Required:1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lenswould be what amount?2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to onemirror would be what amount?3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for thematerial-handling activity is the number of material moves.4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver forthe material-handling activity is the number of material moves.(For all requirements, do not round your intermediate calculations and round your final answers to the nearest whole dollar.)Prev1 of 7Next >

Name: The total budgeted material-handling cost is $70,840.CheckRequired:1.
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Description: The total budgeted material-handling cost is $70,840.CheckRequired:1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lenswould be what amount?2. Under a costing system

Under activity-based costing (ABC), Costs are allocated based on the activity and the cost driver…

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Required: 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount? 2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be what amount? 3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves. 4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves.

Required: 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount? 2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be what amount? 3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves. 4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves.

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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