BA%20508%202022%20Sprg%20Group%20Proj%202%20instructions.pdf ^ Total variable OH incurred during the year was $83,420 and total fixed OH incurred...
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BA%20508%202022%20Sprg%20Group%20Proj%202%20instructions.pdf ^ Total variable OH incurred during the year was $83,420 and total fixed OH incurred was $140,540. OH gets applied to products using predetermined rates (not addressed in this project). 2/6 EEG reported sales revenue for the most recent year of $382,520 for the Sleek; $973,140 for the Satchel; and $244,625 for the PowerUser (for total sales revenue of $1,600,285). EEG has three manufacturing departments (organizing, assembling, and finishing). In order to better understand the cost of their products, they utilize a two-step activity-based costing (ABC) process; manufacturing overhead (OH) costs first get allocated to departments (activities) and then from departments to products. EEG incurred the following manufacturing OH costs during the most recent period, separated by OH cost pool: N 100% Measured Activity Direct Labor Hours Direct Employees Machine Hours Machine Setups Product Defects Space Occupied Custodial Services Equipment Depreciation Equipment Maintenance Materials Moving Quality Inspection Supervisor Salaries & Benefits Utilities Medical Letter.pdf a » EEG has a variety of measured activities that are available for use as cost drivers. Following are the available cost drivers and the volume of each measure for the three departments for the most recent period: Total OH Costs -- Organizing Assembling 6,220 DLHs 3,100 DLHs 3 1½ 24,800 MHs 48 125 1,200 sf 22 2,800 sf $ 19,200 31,900 9,100 50,100 5,500 84,800 23,360 $223,960 o Tom Downen, 2022 Finishing 850 DLHs ½ 2,300 MHs 12 28 2,000 sf Total Volume 10,170 DLHs 5 27,100 MHs Equal allocation of an OH cost pool to each of the three departments is also allowable, if none of the above cost driver options seems appropriate. 60 175 6,000 sf langs RESIDEN Dowsen, BA%20508%202022%20Sprg%20Group%20Proj%202%20instructions.pdf ^ Total variable OH incurred during the year was $83,420 and total fixed OH incurred was $140,540. OH gets applied to products using predetermined rates (not addressed in this project). 2/6 EEG reported sales revenue for the most recent year of $382,520 for the Sleek; $973,140 for the Satchel; and $244,625 for the PowerUser (for total sales revenue of $1,600,285). EEG has three manufacturing departments (organizing, assembling, and finishing). In order to better understand the cost of their products, they utilize a two-step activity-based costing (ABC) process; manufacturing overhead (OH) costs first get allocated to departments (activities) and then from departments to products. EEG incurred the following manufacturing OH costs during the most recent period, separated by OH cost pool: N 100% Measured Activity Direct Labor Hours Direct Employees Machine Hours Machine Setups Product Defects Space Occupied Custodial Services Equipment Depreciation Equipment Maintenance Materials Moving Quality Inspection Supervisor Salaries & Benefits Utilities Medical Letter.pdf a » EEG has a variety of measured activities that are available for use as cost drivers. Following are the available cost drivers and the volume of each measure for the three departments for the most recent period: Total OH Costs -- Organizing Assembling 6,220 DLHs 3,100 DLHs 3 1½ 24,800 MHs 48 125 1,200 sf 22 2,800 sf $ 19,200 31,900 9,100 50,100 5,500 84,800 23,360 $223,960 o Tom Downen, 2022 Finishing 850 DLHs ½ 2,300 MHs 12 28 2,000 sf Total Volume 10,170 DLHs 5 27,100 MHs Equal allocation of an OH cost pool to each of the three departments is also allowable, if none of the above cost driver options seems appropriate. 60 175 6,000 sf langs RESIDEN Dowsen,
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Answer Explanation The following are the OH cost pools given above with their potential cost driver ... View the full answer
Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9780135628478
17th Edition
Authors: Srikant M. Datar, Madhav V. Rajan
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