FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Swifty Company manufactures two products, Board 12 and Case 165. Swifty's overhead costs consist of setting up machines,
$2120000; machining, $5550000; and inspecting, $2100000. 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
O$5530000.
O $3908000.
O $6020000.
O $4714000.
15000
600
24000
800
Case
165
24080
400
26000
700
Overhead assigned to Case 165 using activity-based costing is
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Transcribed Image Text:Swifty Company manufactures two products, Board 12 and Case 165. Swifty's overhead costs consist of setting up machines, $2120000; machining, $5550000; and inspecting, $2100000. 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 O$5530000. O $3908000. O $6020000. O $4714000. 15000 600 24000 800 Case 165 24080 400 26000 700 Overhead assigned to Case 165 using activity-based costing is
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