Question: All Things Auto uses an activityminusbased costing system to assign costs in its autominusparts division. Activity Est. Indirect Activity Costs Allocation base Cost allocation rate
All Things Auto uses an activityminusbased costing system to assign costs in its autominusparts division. Activity Est. Indirect Activity Costs Allocation base Cost allocation rate Materials $56,000 Material moves $5.00/move Assembling $195,000 Direct labor hours $7.00/dir. labor hour Packaging $50,000 # of finished units $1.50/finished unit The following units were produced in December with the following information: Part # # Produced Materials Costs # Moves Dir. Labor Hrs. Part 001 1,050 $2,500 400 600 Part 002 5,500 $4,000 500 200 Part 003 4,050 $7,000 2,200 1,450 Total manufacturing costs for Part 001 is Question content area bottom Part 1 A. $7,775 B. $10,275 C. $6,200 D. $8,700
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