Parker Company produces mathematical and financial calculators and operates at capacity. Data related to the two...
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Parker Company produces mathematical and financial calculators and operates at capacity. Data related to the two products follows. (Click the icon to view the data.) Total manufacturing overhead costs are provided. (Click the icon to view the total manufacturing overhead costs.) Required Activity Cost driver Machining Setup Inspection Determine the formula to calculate the overhead allocated to each product. Machining costs Setup costs Rate Overhead allocated to product Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round the manufacturing overhead costs per unit t Mathematical Financial Inspection costs Total overhead costs Manufacturing overhead cost per unit Choose from any list or enter any number in the input fields and then continue to the next question. Data Table Annual production in units Direct materials cost Direct manufacturing labour cost Direct manufacturing labour-hours Machine-hours Number of production runs Inspection hours unit to the nearest cent.) Print Done Mathematical Machining costs Setup costs Inspection costs i Manufacturing overhead costs Print $ 48,000 211,200 $ 81,600 $ 4,800 32,000 48 1,100 Done Total 345,600 115,200 105,600 Financial 96,000 422,400 163,200 9,600 64,000 48 550 t Parker Company produces mathematical and financial calculators and operates at capacity. Data related to the two products follows. (Click the icon to view the data.) Total manufacturing overhead costs are provided. (Click the icon to view the total manufacturing overhead costs.) Required Activity Cost driver Machining Setup Inspection Determine the formula to calculate the overhead allocated to each product. Machining costs Setup costs Rate Overhead allocated to product Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round the manufacturing overhead costs per unit t Mathematical Financial Inspection costs Total overhead costs Manufacturing overhead cost per unit Choose from any list or enter any number in the input fields and then continue to the next question. Data Table Annual production in units Direct materials cost Direct manufacturing labour cost Direct manufacturing labour-hours Machine-hours Number of production runs Inspection hours unit to the nearest cent.) Print Done Mathematical Machining costs Setup costs Inspection costs i Manufacturing overhead costs Print $ 48,000 211,200 $ 81,600 $ 4,800 32,000 48 1,100 Done Total 345,600 115,200 105,600 Financial 96,000 422,400 163,200 9,600 64,000 48 550 t
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Posted Date:
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