Stanford Metal Works produces two types of metal lamps. Stanford manufactures 20,000 basic lamps and 3,300...
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Stanford Metal Works produces two types of metal lamps. Stanford manufactures 20,000 basic lamps and 3,300 designer lamps. Its activity-based costing system uses two indirect-cost pools. One cost pool is for set up costs and the other for general manufacturing overhead. Stanford allocates set up costs to the two lamps based on setup labor-hours and general manufacturing overhead costs on the basis of direct manufacturing labor-hours. It provides the following budgeted cost information: Direct materials per lamp Direct manufacturing labor-hours per lamp Direct manufacturing labor rate per hour Setup costs Lamps produced per batch Setup-hours per batch General manufacturing overhead costs Basic Lamps Designer Lamps $ 5 $ 0.5 hours 30 Caluclation: a) $52,55 b) $55.20 c) $54.15 d) $57,30 $ GA 200 1 hour $ 12 0.6 hours 30 30 2 hours S Total 76,800 $ 162,800 5. Calculate the unit cost of the designer lamps using Stanford 's activity-based costing system. (Choose the nearest number to your answer) Stanford Metal Works produces two types of metal lamps. Stanford manufactures 20,000 basic lamps and 3,300 designer lamps. Its activity-based costing system uses two indirect-cost pools. One cost pool is for set up costs and the other for general manufacturing overhead. Stanford allocates set up costs to the two lamps based on setup labor-hours and general manufacturing overhead costs on the basis of direct manufacturing labor-hours. It provides the following budgeted cost information: Direct materials per lamp Direct manufacturing labor-hours per lamp Direct manufacturing labor rate per hour Setup costs Lamps produced per batch Setup-hours per batch General manufacturing overhead costs Basic Lamps Designer Lamps $ 5 $ 0.5 hours 30 Caluclation: a) $52,55 b) $55.20 c) $54.15 d) $57,30 $ GA 200 1 hour $ 12 0.6 hours 30 30 2 hours S Total 76,800 $ 162,800 5. Calculate the unit cost of the designer lamps using Stanford 's activity-based costing system. (Choose the nearest number to your answer)
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Personal Finance
ISBN: 978-0077861643
11th edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
Posted Date:
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