Use Table 3 to answer this question. XYZ Co uses an activity-based costing system with three...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Use Table 3 to answer this question. XYZ Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system (Table 3). How much cost, in total, would be allocated in the first-stage allocation to the Polishing activity cost pool? Select one: O a, none of the given answer. Ob. $254,600 O c. $192,100 O d. $215,400 Oe. $326,300 Costs: Factory Rent Factory Depreciation Factory Utilities Total Distribution of resource consumption: Factory Rent Factory Depreciation Factory Utilities Table 3 $ 373,000 150,000 250,000 $ 773,000 Activity Cost Pools Fixing Cutting 60% 20% 35% 20% 20% 60% Polishing 20% 45% 20% Total 100% 100% 100% Use Table 3 to answer this question. XYZ Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system (Table 3). How much cost, in total, would be allocated in the first-stage allocation to the Polishing activity cost pool? Select one: O a, none of the given answer. Ob. $254,600 O c. $192,100 O d. $215,400 Oe. $326,300 Costs: Factory Rent Factory Depreciation Factory Utilities Total Distribution of resource consumption: Factory Rent Factory Depreciation Factory Utilities Table 3 $ 373,000 150,000 250,000 $ 773,000 Activity Cost Pools Fixing Cutting 60% 20% 35% 20% 20% 60% Polishing 20% 45% 20% Total 100% 100% 100%
Expert Answer:
Answer rating: 100% (QA)
d 215400 Explanation The total cost allocated to the Polishing ac... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
Students also viewed these accounting questions
-
Prepare the journal entries to record the following transactions on Derrick Companys books using a perpetual inventory system. (a) On March 2, Derrick Company sold $900,000 of merchandise to Rose...
-
Prepare journal entries to record these transactions: (a) Benton Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery equipment. No...
-
Prepare journal entries to record these transactions: (a) Blaska Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery equipment. No...
-
Refer to the Journal of Experimental Psychology-Applied (June 2000) name-retrieval study, presented in Exercise. The data for the study are saved in the NAMEGAME2 file. a. Find a 99% confidence...
-
Show that 1/2 (Tn + Mn) T2n.
-
The Pfeiffer Company manages approximately $15 million for clients. For each client, Pfeiffer chooses a mix of three investment vehicles: a growth stock fund, an income fund, and a money market fund....
-
Assume the same information as in question 4. Also assume that beginning work in process had \($6,000\) in conversion cost and that \($84,000\) in conversion is added during this period. What is the...
-
A Brooks Clinic is considering investing in new heart-monitoring equipment. It has two options. Option A would have an initial lower cost but would require a significant expenditure for rebuilding...
-
Consider two descriptive facts. First, the poorest countries in the world are disproportionately located close to the equator. Second, the civilizations that were richest in 1500 are among the...
-
Write a function: string solution (string &S, string &T); that, given two strings S and T consisting of N and M characters, respectively, determines whether string T can be obtained from string S by...
-
Consider 2 + 8x + 16x = 0, with x(0) = 2 and (0) = 0. (a) Determine the values of X1,2. (b) State the class of motion (over, under, or critically damped). (c) For the given initial conditions,...
-
1. Ubuntu has value to add to business contexts of stakeholder management. What is the normative content fundamental to the African ethic of Ubuntu? 2. Discuss how an Ubuntu approach can enhance...
-
A company in Canada decides to pay for the services of an external company to handle call its center activities. The external company is also in Canada. This is an example of: Question 25 options:...
-
If the controls over a significant area are believed to be designed adequately, the auditor would most likely? Group of answer choices follow a substantive strategy. proceed to relying upon the...
-
1.Please write Marketing Plan for small business of selling chickens. in terms of: Products (chickens fresh and frozen) , Price Promotions/Advertising Place 2. Write the target market and product...
-
Credit reporting allows potential creditors to view unpaid medical bills on a person's record obtained through Blank______. Multiple choice question. physicians medical practices credit agencies...
-
What is an effective follower, and how can leaders encourage effective followership? In addition to using two sources, such as the HRB article by Kelley, support your response with a specific example.
-
A test car is driven a fixed distance of n miles along a straight highway. (Here n Z+.) The car travels at one mile per hour for the first mile, two miles per hour for the second mile, four miles...
-
Valasquez Company has been in business several years. At the end of the current year, the ledger shows: Accounts Receivable $ 310,000 Dr. Sales Revenue 2,200,000 Cr. Allowance for Doubtful Accounts...
-
Sawyer Manufacturing Company has the following production data for selected months. Compute the physical units for eachmonth. Ending Work in Process % Complete as to Conversion Cost 40% 75 25...
-
Using the information in P25-2B, compute the overhead controllable variance and the overhead volume variance. Data From Problem 25-2B: Lopes Manufacturing Company uses a standard cost accounting...
-
Which of the following is not an inherent part of Statement on Auditing Standards, No. 99/113? 1. Greater scrutiny of the chief executive and chief financial officers personal financial condition 2....
-
Which of the following statements best describes corporate governance with respect to fraud? 1. Auditors are primarily responsible for the detection of fraud, the Board of Directors for the...
-
Which of the following is not a reason that the prevention and detection of fraud resulting from management override and collusion presents a significant challenge for the antifraud community? 1....
Study smarter with the SolutionInn App