A firm makes four products A, B, C and D and the data for the past period
Fantastic news! We've Found the answer you've been seeking!
Question:
A firm makes four products A, B, C and D and the data for the past period are as follows:
Transcribed Image Text:
Product Output units A B C D 25 25 250 250 No.of production runs in period 3 4 7 10 24 Direct Machine labour hours hours per unit per unit 2 4 2 4 2 4 2 4 Material cost per unit (Rs.) 30 75 30 75 Material components per unit 8 5 LO 00 8 6 Product Output units A B C D 25 25 250 250 No.of production runs in period 3 4 7 10 24 Direct Machine labour hours hours per unit per unit 2 4 2 4 2 4 2 4 Material cost per unit (Rs.) 30 75 30 75 Material components per unit 8 5 LO 00 8 6
Expert Answer:
Answer rating: 100% (QA)
Overhead allocation rateTotal manufacturing overheadtotal machine hours 2718025225425022504 27180501005001000 271801650 1647 per machine hour Particul... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Determine the capital recovery for the machine in Problem 7.25, if the interest rate is 15% per year, compounded annually, and total operating and maintenance costs are $2000 per year.
-
Assume that firm makes four products A, B, C and D. Data for the past period are as follows: Direct labour costs Rs. 7 per hour: Find the unit production cost. (a). Using conventional product costing...
-
What is the operating cash flow in 2021? What is the cash flow from the asset in 2021? The dividend payout ratio is 40%. What is the cash flow to the shareholders in 2021? Net sales Cost of goods...
-
A strain of E-coli Beu 397-recA441 is placed into a nutrient broth at 30° Celsius and allowed to grow. The data shown in the table are collected. The population is measured in grams and the time...
-
On the day of a major sporting event, such as the championship game in some popular sport, many people go to the official Web site. Is this a flash crowd in the same sense as the Florida election in...
-
Inventory Valuation under Absorption Costing and Variable Costing At the end of the first year of operations, 4,600 units remained in the finished goods inventory. The unit manufacturing costs during...
-
Find the z-score that has 31.5% of the distributions area to its left. Find the indicated z-score.
-
Multiple Choice Questions 1. The Hickory Company made a lump-sum purchase of three pieces of machinery for $115,000 from an unaffiliated company. At the time of acquisition Hickory paid $5,000 to...
-
Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $820,000. The estimated market values of the purchased assets are building, $470,000; land,...
-
1. Based on the marketing activities DNBC has tried, do you think it has a production-oriented marketing or a consumer-oriented philosophy? Explain your reasoning with examples. 2. Research the City...
-
Look at the following tables, which show, respectively, the willingness to pay and willingness to accept of buyers and sellers of bags of oranges. For the following questions, assume that the...
-
Using the following information, what is the cost to buy a car? Down payment Monthly loan payment Opportunity cost of down payment Estimated value of vehicle at end of ownership period $5,125 $600...
-
4. R got 35% hike in his salary and 20% incentive on sales. If R sold goods worth Rs. 850 last year and the salary was Rs 70, then how much more does he earn this year with sales of Rs.900?
-
Players A and B each pick a number between 1 and 100. The game is a draw if both players pick the same number. Otherwise, the player who picks the smaller number wins unless that smaller number is...
-
a. The future value of a $1,050 savings deposit after five years at an annual interest rate of 4 percent. (Round FV factor to 3 decimal places and final answer to 2 decimal places.) Future value b....
-
If a pharmacist adds 4.5 g of hydrocortisone powder to 60 g of a 2.5% (w/w) hydrocortisone cream, what is the resultant percentage strength of hydrocortisone in the product?
-
Which of these fabrics will you choose to wear in hot and humid conditions? Options: Cotton Silk Nylon Wool
-
In Exercises 15 through 30, find the derivative dy/dx. In some of these problems, you may need to use implicit differentiation or logarithmic differentiation. y ex + et -2x 1 + e
-
Explain the rationale of using an interest charge while measuring the performance of a division.
-
To obtain the break-even point in rupee sales value, total fixed costs are divided by: (a). Variable cost per unit; (b). Contribution margin per unit; (c). Fixed cost per unit; (d). Profit/volume...
-
What costs are treated as product costs under variable (marginal) costing? (a). Only direct costs. (b). Only variable production costs. (c). All variable costs. (d). All variable and fixed...
-
In Fig. 1130, there is no explicit invariant that states that a Transaction cannot be linked to movements that are linked to the same account, because the structure of the model already demands is....
-
Apply the Account/Transaction pattern to the parallel financial transactions of the example shown in Figs. 1131 to 1135. As the bills may be paid forward, it may be necessary to use memo entries....
-
Look at Fig. 1119 and create a new discount strategy that gives a percentage of discount for sales with more than a certain number of products. Order | < > < > +nr: Natural = < > +date: Date...
Study smarter with the SolutionInn App