The controller for Tamale Cooking Oil Co established the following overhead cost pools and cost drivers An order of 80 finished barrels of cooking oil used If the company uses activity based costing and the total overhead charged to the order was ($7,182 ), how many machine hours were used to compl...

The Answer is in the image, click to view ...

The controller for Tamale Cooking Oil Co. established the following overhead cost pools and cost drivers: An

Question:

The controller for Tamale Cooking Oil Co. established the following overhead cost pools and cost drivers:

image text in transcribed

An order of 80 finished barrels of cooking oil used:

image text in transcribed

If the company uses activity-based costing and the total overhead charged to the order was $$7,182$, how many machine hours were used to complete the order?

a. 98

b. 109

c. 118

d. 479

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting For Undergraduates

ISBN: 9781618533098

2nd Edition

Authors: James Wallace, Scott Hobson, Theodore Christensen

See More Books

Question Posted: May 19, 2024 02:05 AM

See More Questions

183.Demski Company has used a two-stage cost allocation system for many years. In the first stage, plant overhead costs are allocated to two production departments, P1 and P2, based on machine hours....
Dr. Henry is analyzing the profitability of his medical practice based on 12 months of data. Dr. Henry's medical facility average cost is $250.00. The goal of covering costs and providing a profit...
1. What is the probability of a loan Upgrade and Downgrade? 2.What is the present value of the loan at the end of the one-year risk horizon for the case where the borrower has been upgraded from Baa...
The Total Landed Costs (TLC) for a plastic wrap packaging machine from Germany to Monterrey, Mexico was calculated to be $723,566 USD. The company intends to use it for only 3 years and then resell...
Estimate the minimum reduction potential for P680. Estimate the maximum reduction potential for ferredoxin. Explain your answers.
Design a perfect reconstruction filter bank using the cosine-modulated filter bank with six sub-bands with at least $40 \mathrm{~dB}$ of stopband attenuation and $0.5 \mathrm{~dB}$ of passband...
An alternative algorithm for finding the shortest path from the root $v_{0}$ to each vertex $v$ in a directed graph, called Dijkstra's algorithm, is as follows. Initialize the cost $C(v)$ of a...
Hoen Manufacturing Company experienced the following accounting events during its first year of operation. With the exception of the adjusting entries for depreciation, all transactions are cash...
Updates are available for every device based on Google Chrome until when? Select the correct answer. Product is no longer in production A period of 10 years after manufacture Auto Update Expiration...
Clear View, Inc. provides quarterly commercial window cleaning services for three high-rise commercial buildings, Sequoia, Tower Plaza, and Cornwall, and it uses a job costing system for determining...
Curry Company has two divisions, Eastern Division and Western Division. Curry Company has been allocating overhead based on direct labor hours. For the most recent year, the predetermined overhead...
1. Can a line other than the x-axis have more than one x-intercept? 2. What is the general form of the equation of a line that is parallel to the y-axis? 3. What is the general form of the equation...
Exercise 4-3 (Algo) Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department...
A firm is considering three capacity alternatives: A , B , and C . Alternative A would have an annual fixed cost of $ 1 0 2 0 0 0 and variable costs of $ 2 6 per unit. Alternative B would have annual...
The present value of $500 to be received 10 years from now discounted back to the present at 10 percent is $
1. Research one article on F. Scott Fitzgerald and his life. Formulate. (write) a summary on the article and cite the article at the end (link). 2. Research one article on the 1920's or the American...
! Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On...
Why are segmentation and paging sometimes combined into one scheme?
Economic feasibility is an important guideline in designing cost accounting systems. Do you agree? Explain.
Learning Activity #3 Hello everyone, The following assignment is worth 15% of your final grade and will be marked out of 20. Provide 4 pros and 4 cons for the selected greening technology picked....
This project involves the detailed gathering of information on a company's supply chain operations. In your assigned groups, please select a company you wish to research and study their overall...
In recent years, direct lenders and shadow banks have increasingly provided funding for businesses, replacing the role traditionally played by commercial banks. To what extent is this true and who...

The controller for Tamale Cooking Oil Co. established the following overhead cost pools and cost drivers: An

Question:

Step by Step Answer:

Managerial Accounting For Undergraduates

Students also viewed these Business questions