Selected activities and other information are provided for Patterson Company for its most recent year of operations.
Question:
Required:
1. Form reduced system cost pools for activities 7 and 8.
2. Assign the costs of the reduced system cost pools to Wafer A and Wafer B.
3. What if the two activities were 1 and 3? Repeat Requirements 1 and 2. What does this imply?
Transcribed Image Text:
Expected Consumption Ratios Activity Driver Number of dies Number of purchase Quantity 2,000,000 2,500 Wafer A Wafer B 7. Inserting dies 8. 0.70 0.20 0.30 0.80 Purchasing materials orders 1. 3. 0.25 0.60 0.75 0.40 Developing test programs Testing products ABC assignment Total overhead cost Engineering hours Test hours 10,000 20,000 S1,500,000 1,500,000 $3,000,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
1 Global ratios Wafer A 050 15000003000000 Wafer B 050 15000003000000 Equations 070w1 020w2 050 Wafe...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
Question Posted:
Students also viewed these Managerial Accounting questions
-
How do firms collect job-related information on driver usage in an activity-based costing system?
-
Refer to Exercise 5.12. Required: 1. Prepare journal entries for the April transactions. 2. Calculate the ending balances of each of the inventory accounts as of April 30. Refer to Exercise 5.12. Job...
-
Refer to Cornerstone Exercise 5.1 for data. In Exercise 5.1 Required: 1. Calculate the balance in Work in Process as of June 30. 2. Calculate the balance in Finished Goods as of June 30. 3. Calculate...
-
Discuss why you would or would not like to work in an organization like this?
-
What techniques can help make the Internet search process more efficient?
-
How can we pledge allegiance to the flag of the United States of America and not establish laws to punish people who burn the flag to make a statement? We are a people who punish an individual who...
-
Calculate the interquartile range for each of the following sets of data: a. \(1,2,2,3,4,5,7,10\) b. \(21,8,17,7,12,19,5,12\) c. \(6,9,5,14,3,15,19,7,13,6,8,5\) d....
-
At the end of June, Morton Company had a balance of $49,900 in the vacation benefits payable account. During July, employees earned an additional $3,110 in vacation benefits, but some employees used...
-
The balance sheet for Trinity Motors Company for December 3 1 of 2 0 2 2 and 2 0 2 3 . What was the cash flow to stockholders in 2 0 2 3 ?
-
Paul Poti, is the sole proprietor of Poti Enterprises, a small retail shop selling widgets located in Edmonton, AB. The shop has been in operation for several years. Paul provides you with the...
-
Patterson Company produces wafers for integrated circuits. Data for the most recent year are provided: Required: 1. Using the five most expensive activities, calculate the overhead cost assigned to...
-
Naranjo Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $260,000, and budgeted direct labor hours were 20,000. The average wage rate for direct labor...
-
On December 31, 2017, Sierra Corp. issues 4 percent, 10-year convertible bonds with a maturity value of $4,500,000. The semi-annual interest dates are June 30 and December 31. The market interest...
-
A cookie recipe calls for the following ingredients: The recipe produces 48 cookies with these amounts of the ingredients. Design a program that asks the user how many cookies he or she wants to...
-
A large solar panel device manufacturing company based in the United States has noticed a sharp decline in its domestic sales. Upon investigation, it discovered that customers have been switching to...
-
Jeffrey Hansing, of Wisconsin, wanted to sell his 1964 Ford Galaxie. He decided to list the car for sale on eBay. The winning bidder was Paul Boschetto, who purchased the car for \($34,106.Mr.\)...
-
The defendant is a highly respected corporation with no record of civil or criminal acts by its employees. Hanna, the CEO, suggested to the board of directors that the company should have an ethics...
-
The Cornell Law School Legal Information Institute is a major legal resource gateway. At this site you will find links to United States Court of Appeals recent decisions, state court decisions and...
-
Solve the given equation log a a r =_______
-
Use integration by parts to evaluate the following. Check your answer by taking the derivative. x2e-xdx
-
Relevant costs always determine which alternative should be chosen. Do you agree or disagree? Explain.
-
Can direct materials ever be irrelevant in a make-or-buy decision? Explain. Give an example of a fixed cost that is relevant.
-
What role do past costs play in tactical cost analysis?
-
Mizan Corporation, a manufacturing company, prepares its financial statements annually. During the last month of the fiscal year, Mizan experiences a significant surge in sales. The sales team closes...
-
A firm uses job - order costing. Current period facts: Actual overhead: $ 1 0 4 , 6 8 8 Applied overhead: $ 1 0 4 , 9 0 5 Budgeted overhead: $ 1 0 8 , 6 9 8 COGS balance ( before closing ) : $ 3 9 0...
-
On January 1 , 2 0 X 2 P pays $ 1 0 0 million to acquire 5 0 , 0 0 0 of the common voting shares of S , which gives P a 2 5 % ownership interest in S . The January 1 , 2 0 X 2 book value of S ' s...
Study smarter with the SolutionInn App