10 points 1 eBook Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes....
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10 points 1 eBook Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information. Lenses Mirrors Units produced 23 23 Material moves per product line Direct labor hours per unit 22 12 200 200 Print References The total budgeted material-handling cost is $82,800. Required: 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount? 2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be what amount? 3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves. 4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves. (For all requirements, Do not round your intermediate calculations.) Mc Graw 1. Material-handling cost per lens 2. Material-handling cost per mirror 3. Material-handling cost per lens 4. Material-handling cost per mirror $ 1,800 $ 1,800 Prev of 10 Next 10 points 1 eBook Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information. Lenses Mirrors Units produced 23 23 Material moves per product line Direct labor hours per unit 22 12 200 200 Print References The total budgeted material-handling cost is $82,800. Required: 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount? 2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be what amount? 3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves. 4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves. (For all requirements, Do not round your intermediate calculations.) Mc Graw 1. Material-handling cost per lens 2. Material-handling cost per mirror 3. Material-handling cost per lens 4. Material-handling cost per mirror $ 1,800 $ 1,800 Prev of 10 Next
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Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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