What is the amount of Inspection cost assigned to Product X? Multiple Choice $31,900 $42,340 $216,000 $10,440

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 2MC: TyeDye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to...
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Lynwood, Inc. produces two different products (Product
activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the
activity rate for Inspection is $580 per batch. The activity drivers are used as follows:
and Product X) using two different activities: Machining, which uses machine hours as an
Product A Product X Total
1,200
Machine hours
3,200
4,400
Number of batches
55
18
73
What is the amount of Inspection cost assigned to Product X?
Multiple Choice
$31,900
$42,340
$216,000
$10,440
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Transcribed Image Text:Lynwood, Inc. produces two different products (Product activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $580 per batch. The activity drivers are used as follows: and Product X) using two different activities: Machining, which uses machine hours as an Product A Product X Total 1,200 Machine hours 3,200 4,400 Number of batches 55 18 73 What is the amount of Inspection cost assigned to Product X? Multiple Choice $31,900 $42,340 $216,000 $10,440 < Pro 8 of 10 Next > MacBook Pro ** 888 & 23 8 3 E R T Y P Q W J K > C V M command optio command
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