Gate Industries manufactures a standard model and a deluxe model of skateboard. The company, which uses...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Gate Industries manufactures a standard model and a deluxe model of skateboard. The company, which uses a activity-based costing, applies overhead $20,000 of its overhead based on number of setups and $30,000 of its overhead based on number of machine hours. The following activity and cost data were from March: Number of Number of Number of Production Machine Set-Ups Runs Hours Standard Deluxe 20 30,000 5 4 10,000 Overhead costs $20,000 $30,000 How much overhead will be assigned to the deluxe model? Gate Industries manufactures a standard model and a deluxe model of skateboard. The company, which uses a activity-based costing, applies overhead $20,000 of its overhead based on number of setups and $30,000 of its overhead based on number of machine hours. The following activity and cost data were from March: Number of Number of Number of Production Machine Set-Ups Runs Hours Standard Deluxe 20 30,000 5 4 10,000 Overhead costs $20,000 $30,000 How much overhead will be assigned to the deluxe model?
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Gate Industries manufactures a standard model and a deluxe model of skateboard. The company, which uses an activity-based costing system, has identified the number of setups and number of production...
-
1. Joint products A and B emerge from common processing that costs $200,000 and yields 2,000 units of Product A and 1,000 units of Product B. ? Product A can be sold for $100 per unit. ? Product B...
-
Is a flat-rate or flat-fee system more efficient for pricing scarce water? Why?
-
In testimony to Congress on the failure of Lehman Brothers, former CEO Richard Fuld stated: As C.E.O., I ran more of a what do I really need to be focused on mentality. . . . I was focused on...
-
Molecular weight data for some polymer are tabulated here. Compute (a) the number-average molecular weight, and (b) the weight-average molecular weight. (c) If it is known that this material's degree...
-
Explain various types of payment arrangements that impact cash flow.
-
Public Charity. The Kids Club of Clare County is a public charity under IRC Sec. 501 (c) (3). It had total support last year of the following: United Way support $80,000 Grant from dare County 70,000...
-
Why is this section of the code showing on broswer.?
-
Predatory pricing ___ Selling identical goods to different customers at differentprices Dumping____ Setting prices highest when the amount demanded by customersapproaches capacity Price...
-
Tell me about the promotional strategies of your product and recommend what you would do differently (Chapter 12- 15) (Due Sunday, April, 30) Promotional Mix Advertising (Chapter 12) Direct and...
-
From your readings packet, read the article "Stupidity: What Makes People Do Dumb Things? By Sally Adee. What are the two most important concepts in this article that you should further explore that...
-
Reflection can be about how you might be able to do it next year, and what topic you might want to pursue what brands or companies would find the presented information useful in helping building...
-
Sarah and Henry are married but have decided to file separate tax returns in 2022. During the year, Sarah earned $38,000 and Henry earned $17,000. Sarah's itemized deductions are $19,000 and Henry's...
-
A new three-year CMO has two tranches. The 'A' tranche has a principal of $35.7 million with an annual coupon of 3.73%. The 'Z' tranche has a coupon of 5.69% with a principal of $41.9 million. The...
-
Write a research paper in which you describe the motivation for how you access the mistakes and successes of the firm Coca-Cola. Review and critique the existing firm within the industry, and explain...
-
A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000....
-
Give some examples of how CRM-enabled sales analytics can provide valuable insights at each of these stages of the customer journey: prospect (lead), initial customer contact, engagement with the...
-
Someone says: Our firm focuses on maintaining long-term relationships with our customers. We dont have to do any prospecting. Evaluate this statement.
-
Why do some salespeople not immediately embrace the use of the newest technologies? What are some ways in which a salesperson who is reluctant to adopt new technologies might be influenced to do so?
Study smarter with the SolutionInn App