ABC Corp adopted the ABC system. Data are as follows: Budgeted Activity Cost Driver No of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
ABC Corp adopted the ABC system. Data are as follows: Budgeted Activity Cost Driver No of Set ups 40.00 No of bathes 40.00 No of inspection 1,000.00 Activity Set up Product Checking Quality control Budgeted Overhead 20,000.00 40,000.00 30,000.00 Actual data shows that: production is 1,000 units; direct labor hours are 2,000; Units per batch is 500 units; No. of set ups is 4; No. of inspections is 200; Direct materials used is 10 per unit and DL rate is 20 per hour. What is the total manufacturing cost of the company under ABC? ABC Corp adopted the ABC system. Data are as follows: Budgeted Activity Cost Driver No of Set ups 40.00 No of bathes 40.00 No of inspection 1,000.00 Activity Set up Product Checking Quality control Budgeted Overhead 20,000.00 40,000.00 30,000.00 Actual data shows that: production is 1,000 units; direct labor hours are 2,000; Units per batch is 500 units; No. of set ups is 4; No. of inspections is 200; Direct materials used is 10 per unit and DL rate is 20 per hour. What is the total manufacturing cost of the company under ABC?
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Find R, for maximum transfer and the maximum power transferred to R, in Fig. Es.17. 3 k ww 4 km) w Figure E5.17 12 V 2 MA 2 k R
-
Company B had estimated 100000 direct labor hours 400000 manufacturing overhead and 25000 machine hours The actual were 100700 direct labor hours 26600 machine hours and 475000 manufacturing overhead...
-
Direct materials used totaled $124,700; direct labor amounted to$412,000; overhead was computed to be $789,600; work in process inventory on March 1, 2014 was $482,500; and work in process inventory...
-
What is wrong with the following variable declarations? If wrong, explain. If correct (nothing wrong), write "correct". double 1st_var = 10; int var2; int var3 = var2; string name="var3"; double...
-
Darmen Corporation is one of the major producers of prefabricated homes in the home building industry. The corporation consists of two divisions: (1) Bell Division, which acquires the raw materials...
-
A BCP includes specific locations, systems, employees, and vendors, and these requirements are identified in the ________ statement.
-
A parallel-plate capacitor in which the plates are extendable is connected to a battery and charged until there is a charge \(+q\) on one plate and a charge \(-q\) on the other plate. (a) With the...
-
Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike Corp. has declared the following annual dividends over...
-
The Reading Warehouse distributes hardback books to retail stores and extends credit terms of 2/7, n/30 to all of its customers. During the month of June the following inventory transactions...
-
S&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments...
-
Assuming the role of an analyst, tasked by Kimi Ford with reviewing Joanna Cohen's analysis, you will write a formal executive summary detailing your evaluation. This evaluation should be focused on...
-
A cylinder of a radioactive solid, 1.5 cm in radius and 2 m long, is encased in a cylindrical shell of pyrex glass, 3.0 cm in outside radius. The radioactive core generates heat at the steady rate of...
-
Quartz-glass spheres 2 cm in diameter and initially at 70C are cooled by a large toluene stream at 20C flowing over the spheres at a velocity of 0.01 m/s. Determine: (a) The heat transfer coefficient...
-
Air at 200F and 1 atm absolute pressure is to be cooled to 70F by passing it through a 2-in. ID copper pipe submerged in an ice bath. The air flow rate is 70 lb/h. Neglecting the heat transfer...
-
Is Uber good for the economy or bad? Justify your answer.
-
Why do some collaborative consumption firms choose to take possession of inventory rather than allow the crowd to provide it peer-to-peer style?
-
Find the inverse laplace of 6s-54 (s+9) F(s) =
-
1. Advertising for eyeglasses _________ (increases/decreases) the price of eyeglasses because advertising promotes _________. 2. An advertisement that succeeds in getting consumers to try the product...
-
Consider three very similar companies. Company A allocates manufacturing overhead to jobs using labor hours as the allocation base; Company B allocates manufacturing overhead to jobs using machine...
-
Explain how to use account analysis to estimate xed and variable costs.
-
PowerDrive produces a hard disk drive that sells for $175 per unit. The cost of producing 25,000 drives in the prior year was: Direct material ........................$ 725,000 Direct...
-
Two fair dice, one red and one green, are rolled. Let the event \(A\) be the sum of the faces showing is equal to seven. Let the event \(B\) be the faces showing on the two dice are equal. (a) List...
-
A single fair die is rolled. Let the event \(A\) be the face showing is even. Let the event \(B\) be the face showing is divisible by 3 . (a) List out the sample space of the experiment. (b) List the...
-
Two fair dice, one red and one green, are rolled. Let the event \(A\) be the sum of the faces showing is an even number. Let the event \(B\) be the sum of the faces showing is divisible by 3 . (a)...
Study smarter with the SolutionInn App