View Policies Current Attempt in Progress Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Assembly 500 mach. hours Inspections Titanium O $30450. O $30000. $31500. O $42000. Save for Later 350 2100 labor hours Aluminum 500 mach. hours 150 1900 labor hours Total Cost Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much assembly cost is assigned to titanium racquets? $60000 $118000 4 Attempts: 0 of 1 used Submit Answer

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Question 26 of 30
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Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs
and inspection costs. The following information is available:
Assembly
Inspections
Cost
**
Save for Later
R
O $30450.
O $30000.
O $31500.
O $42000.
..
V
%
5
500 mach. hours
►
Titanium
< >
2100 labor hours
Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing.
Using activity-based costing, how much assembly cost is assigned to titanium racquets?
350
G
proys sawted Guru
une plus yomon d
B
C
WAS MAN
Y
H
N
Aluminum
500 mach. hours
1900 labor hours
U
150
J
*
8
M
K
b
Total Cost
9
$60000
$118000
C
hp
4
P
LIEN 3 OF 1
FORTAZE PRANCIAL D
bellefler Medited put
3
BOL
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Attempts: 0 of 1 used Submit Answer
prt so
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backspace
-/3 E
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Transcribed Image Text:*** ******** NA A ** G 14* CERRADAS W S X ** E D C S Question 26 of 30 View Policies Current Attempt in Progress Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: Assembly Inspections Cost ** Save for Later R O $30450. O $30000. O $31500. O $42000. .. V % 5 500 mach. hours ► Titanium < > 2100 labor hours Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much assembly cost is assigned to titanium racquets? 350 G proys sawted Guru une plus yomon d B C WAS MAN Y H N Aluminum 500 mach. hours 1900 labor hours U 150 J * 8 M K b Total Cost 9 $60000 $118000 C hp 4 P LIEN 3 OF 1 FORTAZE PRANCIAL D bellefler Medited put 3 BOL [ Attempts: 0 of 1 used Submit Answer prt so ← pause backspace -/3 E **C RDE enter scr ik insert delete t shift pause home end clear pg up pg dn S
Expert Solution
Step 1

Total overhead cost = Total assembly cost + Total inspection cost

= $60,000 +$118,000

=$178,000

 

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