Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders. Number of part types Number of boards Machine-hours Requir1 Required 2 Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Complete this question by entering your answers in the tabs below. Expected Overhead Cost $ 270,900 $ 11,745 $78,570 $ 72,400 $ 212,400 Activity Cost Pool Expected Activity Product B Product C Labor-related (DLHS) 13,800 Purchase orders (orders) 37 Parts management (part types) 15 Board etching (boards) 740 General factory (MHS) 6,200 Using the ABC data, determine the total amount of overhead cost assigned to each product. Product A 7,100 78 38 550 2,900 Labor-related Purchase orders Parts management Board etching General factory Compute the activity rate for each of the activity cost pools. Activity Cost Pool Activity Rate per DLH per order per part type per board per MH Expected Activity 30,100 DLHs < Required 1 261 orders 97 part types 1,810 boards 17,700 MHS 4,000 47 30 520 3,900 Required 2 > Product D 5,200 99 14 0 4,700

North Street Corporation manufactures two models of motorized go-carts, a standard and a deluxe model. The following activity and cost information has been compiled:                                  Number of              Number of                        Number of Product                          Setups            Components            Direct Labor Hours Standard                               20                             5                                    720 Deluxe                                  29                            17                                    460   Overhead costs               $17,150                    $19,800   Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity-based costing system is used, what is the total amount of overhead cost assigned to the standard model? (Do not round interim calculations. Round the final answer to the nearest whole dollar.) A) $18,475 B) $11,500 C) $19,750 D)…

Lovell Equestrian Gear utilizes an activity based costing system for allocating overhead costs. The predetermined overhead rate for each activity are summarized below.    Activity POHR Manufacturing $6.50 / machine hour Assembly $12.00 / direct labor hour Quality Control $1,500 / batch   During the year, 3 batches, 12,000 machine hours, and 5,500 direct labor hours actually occurred in the production process. Based on the information provided, what is the total applied manufacturing overhead costs?

Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts-equipment depreciation and supervisory expense-to three activity cost pools-Machining. Order Filing, and Other-based on resource consumption, Data to perform these allocations appear below: Overhead costs: Equipment depreciation Supervisory expense $ 30,000 $ 14,800 Distribution of Resource Consumption Across Activity Cost Pools: Equipment depreciation Supervisory expense Activity: Product W1 Product Me Total Machining Order Filling 0.50 0.50 In the second stage, Machining costs are assigned to products using machine-hours (Ms) and Order Filing costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Product W1 Product Me Total Activity Cost Pools MHS (Machining) 5,530 17,000 22,530 0.40 0.30 Show Transcribed Text 5,530 17,000 22,530 Orders (Order Filling)…

Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Expected Overhead Cost $ 284,000 $ 6,790 $ 71,340 $ 57,900 $ 229,900 Product A 3,000 43 22 530 3,600 Expected Activity 35,500 DLHS Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: 194 orders 82 part types 1,930 boards 20,900 MHs Expected Activity Product B 22,800 Activity Cost Pool Product C Product D 3,900 5,800 Labor-related (DLHS) Purchase orders (orders) 20 48 83 Parts management (part types) 15 32 13 Board etching (boards) 750 650 0 General factory (MHS) 7,300 3,900 6,100 Using the…

Desjarlais Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.   Activity Cost Pools Activity Rate Setting up batches $ 83.25 per batch Assembling products $ 13.88 per assembly hour Processing customer orders $ 61.41 per customer order   Data concerning two products appear below:     Product S96U Product Q06F Number of batches 33 45 Number of assembly hours 104 844 Number of customer orders 16 33 Required: a. How much overhead cost would be assigned to Product S96U using the company's activity-based costing system? (Round your intermediate calculations and final answer to 2 decimal places.)       b. How much overhead cost would be assigned to Product Q06F using the company's activity-based costing system? (Round your intermediate calculations and final answer to 2 decimal places.)

Lucas Corporation uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows: Materials Units Cost Work in process on October 1 Units started during October Units completed and transferred to the next Department during October $ 3,000 $ 25,560 6,000 50,000 44,000 What was the materials cost of work in process at October 31? Multiple Choice $3,060 $5,520 $6,000 $6,120

Custom's has three cost pools and an associated cost driver to allocate the costs to the product. The cost pools, cost driver, estimated overhead, and estimated activity for the cost pool are: Cost Pool Material Machining Inspection • Material cost pool . Material requisitions Machine hours Number of inspections • Machining cost pool Custom's data Cost Driver Inspection cost pool Estimated Activity per Driver 14,000 186,400 10,000 Estimated Overhead What is the predetermined overhead rate for each activity? Round to the nearest penny, two decimal places. $52,500 363,500 75,000

Fisher Fixtures manufactures three types of lighting fixtures, with model names of Silver, Gold, and Platinum. It applies all indirect costs according to an annual predetermined rate based on direct labor-hours. The plant controller has recommended that the company switch to an activity-based costing system. The controller's staff prepared the following cost estimates for next year (year 2) for the recommended cost drivers. Activity Recommended Cost Driver Estimated Cost Estimated Cost Driver Activity Purchasing material Number of purchase orders $ 115,200 240 purchase orders Receiving material Direct materials cost 217,600 $ 2,720,000   Setting up equipment Number of production runs 211,560 120 runs Machine depreciation and maintenance Machine-hours 72,590 14,518 hours Ensuring regulatory compliance Number of inspections 423,900 54 inspections Shipping Number of units shipped 1,040,400 578,000 units Total estimated cost   $ 2,081,250     In addition, management…

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 DELL