Setup costs for Weird Al’s two different accordion products: The Polka, and The Super amounted to $9,000. Each product has the same number of set-ups. Weird Al used 6,000 labor hours to product The Polka, and 12,000 labor hours to produce The Super. Weird Al currently applies all overhead based on direct labors hours. However, after taking BUADA 2050 Weird Al is considering switching to activity based costing. What is the impact?     The Polka is             (indicate under or over-costed) by $__________ under traditional costing.    The Super is _____________(indicate under or over-costed) by $__________ under traditional costing.

Stan Fawcett's company currently purchases a gear assembly from Salt Lake Supply, Inc., at $3.80 per unit with a minimum order of 3,000 units. Stan is considering instead producing the gear assembly himself. He estimates that producing it himself will cost $12,000 to set up the process and then $1.82 per unit for labor and materials. a) Using the line drawing tool, add the total cost graph for Stan to produce the assembly instead of purchasing from Salt Lake Supply. Total cost for the purchase option is already plotted. Properly label your line. Note: Carefully follow the instructions above and only draw the required object. Cost 40,000- ¡Minimum Order 36,000 32,000- 28,000- 24,000 20,000- 16,000 12,000 - 8,000- 4,000- 0+ 0 2,000 4,000 Quantity 6,000 8,000

How would I find the effect on the total cost

Trivor, Inc., produces a special line of toy racing cars. Trivor produces the cars in batches. To manufacture each batch of cars, Trivor must set up the machines and molds. Setup costs are fixed batch-level costs. In the long run, number of setup-hours is the cost driver of set up costs. A separate Setup Department is responsible for setting up machines and molds for each style of car. The following information pertains to 2020: (Click the icon to view the information.) Read the requirements. Requirement a. Calculate the spending variance for fixed setup overhead costs. (Label the variance as favorable (F) or unfavorable (U).) The spending variance for fixed setup overhead costs is Requirements Calculate the following: a. The spending variance for fixed setup overhead costs b. The budgeted fixed setup overhead rate c. The production-volume variance for fixed overhead setup costs Print Done U < Data table Units produced and sold Batch size (number of units per batch) Setup-hours per…

The Gadget Co produces three products, A, B and C, all made from the same material. Until now, it has used traditional absorption costing to allocate overheads to its products. The company is now considering an activity based costing system in the hope that it will improve profitability. Information for the three products for the last year is as follows:A B CProduction and sales volumes (units) 15,000 12,000 18,000Selling price per unit K7.50 K12 K13Raw material usage (kg) per unit 2 3 4Direct labour hours per unit 0·1 0·15 0·2Machine hours per unit 0·5 0·7 0·9Number of production runs per annum 16 12 8Number of purchase orders per annum 24 28 42Number of deliveries to retailers per annum 48 30 62The price for raw materials remained constant throughout the year at K1·20 per kg. Similarly, the direct labour cost for the whole workforce was K14·80 per hour. The annual overhead costs were as follows:KMachine set up costs 26,550Machine running costs 66,400Procurement costs 48,000Delivery…

Barbara, the manager of Metlock, is analyzing the company's MOH costs from last year. Metlock had always followed an actual costing system when determining the costs of its customizable telescopes. Barbara wondered if it would be better to switch to a normal costing system, as she had heard a number of people talking about that at an industry conference she attended the previous month. Since Metlock has a highly machine-intensive operation, machine hours are used as its MOH cost driver. Here are the costs and other MOH information Barbara is analyzing: Budgeted MOH cost Actual MOH cost Budgeted machine hours Actual machine hours $426,240 Actual MOH rate $ 419,040 Determine the actual MOH rate and the budgeted MOH rate Metlock would have used last year under actual costing and normal costing, respectively. (Round answers to 2 decimal places, e.g. 52.75.) Budgeted MOH rate $ 96,000 108,000 /machine hour /machine hour

Two separate processes are being considered for manufacturing a product. Process A has fixed costs of $12,000 and variable costs of $6 per unit. Process B has fixed costs of $16,000 and variable costs of $4 per unit. a. What is the break-even quantity for the two processes (Show your work)? b. Which process would be more cost-effective for producing 1,000 units? c. Which process would be more cost-effective for producing 3,000 units?

Frantic Plc assembles three types of motorcycle at the same factory: the 50cc Sunshine; the 250cc Roadster and the 1000cc Fireball. It sells the motorcycles throughout the world.  In response to market pressures Frantic Plc has invested heavily in new manufacturing technology in recent years and, as a result, has significantly reduced the size of its workforce.    Historically, the company has allocated all overhead costs using total direct labour hours but is now considering introducing Activity Based Costing (ABC). Frantic Plc’s accountant has produced the following analysis.                                   Annual Output          Annual direct labour      Selling Price        Raw material                                    (units)                            hours                     (£ per unit)         cost(£ per unit)    Sunshine                2,000                              200,000                       4,000                       400           Roadster                1,600…

Robo-Lawn is a lean manufacturer of robotic lawn mowers. The company budgets $800,000 of conversion costs and 10,000 production hours for this year. The manufacturing of each mower requires 5 production hours and $250 of raw materials. During a recent quarter, the company produced 600 mowers and sold 580 mowers. Each mower is sold for $1,000. Required: 1. Compute the conversion cost rate per mower. 2. Prepare journal entries to record (a) purchase of raw materials on credit, (b) applied conversion costs to production, (c) sale of 580 mowers on credit, and (d) cost of goods sold and finished goods inventory. I just need help on D. It needs Cost of goods sold, Finished goods inventory, and Work in process inventory.

Willis Company is trying to decide which of two bicycle wheels to manufacture next quarter. Cost data pertaining to the two choices follow. Multiple Choice Cost of materials per unit Cost of direct labor per unit Advertising cost per year 4,000 Depreciation on equipment 6,000 Which costs are relevant to the decision of which wheel to produce? Cost of materials and direct labor Wheel A $25 30 Cost of direct labor, advertising, and depreciation Cost of materials, direct labor and advertising Cost of advertising and depreciation Wheel XZ $45 35 7,000 9,000