Steven Co. has two products: A and B. The following is information about the machine hour activity in its factory: Line Item Description Estimated cost Estimated activityProduct A Estimated activityProduct B Total Machine Hours $17,500 760 260 1,020
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Steven Co. has two products: A and B. The following is information about the machine hour activity in its factory:
| Line Item Description | Estimated cost | Estimated activity Product A |
Estimated activity Product B |
Total |
|---|---|---|---|---|
| Machine Hours | $17,500 | 760 | 260 | 1,020 |
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- Raynor manufacturing company has the following data : Direct labor 46000 Direct materials 84000 Total manufacturing overhead 60000 Ending work in process 30000 Beginning of in process 40000 A- compute total manufacturing costs? B- cost of goods manufactured ?Gold Company uses a plantwide overhead rate with machine hours as the allocation base. Use the following information to solve for the amount of machine hours estimated per unit of product RST. Direct material cost per unit of RST Total estimated manufacturing overhead Total cost per unit of RST Total estimated machine hours, Direct labor cost per unit of RST $ 19 $308,000 $ 84 154,000 MH 27 $Production and cost data Production and sales units Selling price (per unit) Materials (per unit) Labor (per unit) Manufacturing overheads Dept. A Standrad 192000 24000 $15 1.7 4.3 Dept. B Designer wear Number of machine set-ups 4 Marketing overheads $50 8 14.2 24 Engineering and PC Marketing and CS 745200 1296000 Use single-rate; direct method to allocate engineering and marketing overheads Engineering overheads include machine setting ($460,800) and inspection ($284,400) activities. Marketing involves channel ($496,000) and branding ($800,000) activities. The inspection and channel costs are driven by the number of units produced & sold. Computing product costs and profits under conventional and ABC approaches
- go.2Strama, inc. Manufactures and sells two products: Product A6 and Product I5.Lily Company manufactures two products, Board 12 and Case 165. Lily's overhead costs consist of setting up machines, $2600000; machining, $5900000; and inspecting. $1890000. Information on the two products and their estimated use of cost drivers is as follows: Direct labor hours Machine setups Machine hours Inspections Board 12 Case 165 15000 26560 O $3750000. O $4990000. O $5600500. O $6234000. 600 24000 800 400 26000 700 Overhead assigned to Board 12 using traditional costing using direct labor hours is
- gagenown/ilm/takeAssignment/takeAssignmentMain.do?invoker=&ta... A Q eBook Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing Activity Rate $24 per machine hour $13 per direct labor hour $50 per setup $28 per inspection $14 per production order $11 per purchase order The activity-base usage quantities and units produced for each product were as follows: Elliptical Machines Treadmill 1,687 419 53 Activity Base Machine hours Direct labor hours Setups Elliptical Machines Treadmill 4 Product Costs using Activity Rates Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: C 101 Print Item % 15 5 732 $ Inspections Production orders Purchase orders 198 Units produced 286 Use the activity rate…Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. 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 Labor-related Measures Cost Product Z1 Product Z8 Total DLHS $112,190 40,440 609,770 600 2,000 Machine setups Оrder size 2,600 1,200 6, 200 setups 500 700 MHs 3,000 3,200 $762,400 The activity rate for the Machine Setups activity cost pool under activity-based costing is closest to: Multiple Cholce $203.26 per setup $190.55 per setup $122.97 per setup 92 F AQI 61 nere to search DELLSunland Company has the following data: Direct labor Direct materials used Total manufacturing overhead Ending work in process inventory Beginning work in process inventory (a) Compute total manufacturing costs. Total manufacturing costs tA $ $88,160 97,440 75,400 34,800 52,200
- Given the following data for Carla Vista Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: Direct materials used Direct labor Manufacturing overhead Operating expenses O (A) $940000 $920000 $940000 $960000 $350000 Beginning work in process $40000 Ending work in process Beginning finished goods 420000 Ending finished goods (B) 270000 320000 $960000 $960000 $920000 $980000 20000 50000 30000eBook Show Me How E Print Item Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are: Compute the overhead rate for each activity. Round your answers to two decimal places. Overhead Overhead Annual Rate per Activity per Activity Usage Activity Machine Setups $162,750 4,200 Machine Hours 381,051 14,113 Inspections 110,550 3,300Please see the pictures for info on questions 1 and 2. See below for format of questions 3 and 4: 3) Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Model X Model Z 4) Per Unit Selling Price Product cost per unit Gross Profit Model X Model Z
