A company reports the following activities, budgeted costs, and activity drivers for the year. Activity Inspection...
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A company reports the following activities, budgeted costs, and activity drivers for the year. Activity Inspection Budgeted Costs $ 111,090 Purchasing 31,878 69,000 Handling parts Total $ 211,968 Budgeted Activity 690 inspections 138 orders Activity Cost Pool Inspection Purchasing Handling parts 13,800 parts Use activity-based costing to compute the overhead activity rate for each activity. Activity Rate labor 2 A company budgets $114,000 for overhead and 7,300 direct labor hours for the year. The company's Basic model uses 2 direct hours per unit and its Premium model uses 3 direct labor hours per unit. The direct labor rate is $55 per hour. Direct materials cost $25 per unit for the Basic model and $31 per unit for the Premium model. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute the single plantwide overhead rate based on direct labor hours. Select Numerator Select Denominator < Required 1 Required 2 > 2 A company budgets $114,000 for overhead and 7,300 direct labor hours for the year. The company's Basic model uses 2 direct labor hours per unit and its Premium model uses 3 direct labor hours per unit. The direct labor rate is $55 per hour. Direct materials cost $25 per unit for the Basic model and $31 per unit for the Premium model. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute overhead cost per unit for each model. Plantwide Overhead Rate Basic Premium Direct Labor Hours per Unit Overhead Cost per Unit < Required 1 Required 3 2 A company budgets $114,000 for overhead and 7,300 direct labor hours for the year. The company's Basic model uses 2 direct labor hours per unit and its Premium model uses 3 direct labor hours per unit. The direct labor rate is $55 per hour. Direct materials cost $25 per unit for the Basic model and $31 per unit for the Premium model. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute the total product cost per unit for each model. Cost per Unit Basic Premium Direct Materials $ $ Direct Labor 25 $ 31 $ 110 165 < Required 2 Overhead Product Cost per Unit Required 3 A company reports the following activities, budgeted costs, and activity drivers for the year. Activity Inspection Budgeted Costs $ 111,090 Purchasing 31,878 69,000 Handling parts Total $ 211,968 Budgeted Activity 690 inspections 138 orders Activity Cost Pool Inspection Purchasing Handling parts 13,800 parts Use activity-based costing to compute the overhead activity rate for each activity. Activity Rate labor 2 A company budgets $114,000 for overhead and 7,300 direct labor hours for the year. The company's Basic model uses 2 direct hours per unit and its Premium model uses 3 direct labor hours per unit. The direct labor rate is $55 per hour. Direct materials cost $25 per unit for the Basic model and $31 per unit for the Premium model. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute the single plantwide overhead rate based on direct labor hours. Select Numerator Select Denominator < Required 1 Required 2 > 2 A company budgets $114,000 for overhead and 7,300 direct labor hours for the year. The company's Basic model uses 2 direct labor hours per unit and its Premium model uses 3 direct labor hours per unit. The direct labor rate is $55 per hour. Direct materials cost $25 per unit for the Basic model and $31 per unit for the Premium model. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute overhead cost per unit for each model. Plantwide Overhead Rate Basic Premium Direct Labor Hours per Unit Overhead Cost per Unit < Required 1 Required 3 2 A company budgets $114,000 for overhead and 7,300 direct labor hours for the year. The company's Basic model uses 2 direct labor hours per unit and its Premium model uses 3 direct labor hours per unit. The direct labor rate is $55 per hour. Direct materials cost $25 per unit for the Basic model and $31 per unit for the Premium model. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute the total product cost per unit for each model. Cost per Unit Basic Premium Direct Materials $ $ Direct Labor 25 $ 31 $ 110 165 < Required 2 Overhead Product Cost per Unit Required 3
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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