answer all

eBook Calculator Overhead Application, Activity-Based Costing, Bid Prices Firenza Company manufactures specialty tools to customer order. Budgeted overhead for the coming year ist Purchasing $40,000 Setups 40,000 Engineering 45.000 Other 40,000 Previously, Sanjay Bhatt, Firenza Company's controller, had applied overhead on the basis of machine hours. Expected machine hours for the coming year are 50,000. Sanjay has been reading about activity-based costing, and he wonders whether or not it might offer some advantages to his company. He decided that appropriate drivers for overhead activities are purchase orders for purchasing number of setups for setup cost, engineering hours for engineering cost, and machine hours for other. Budgeted amounts for these drivers are 5,000 purchase orders, 500 setups, and 2,500 engineering hours Sanjay has been asked to prepare bids for two jobs with the following information: Job Job 2 Direct materials $4,500 39,350 Direct labor $1,200 $2,100 Number of purchase order 15 20 Number of bus 4 Number of engineering hours 45 of machine hours 200 200 The typical bid price includes a 40 percent markup over manufacturing cost Previous MacBook Air 30. $ 4 + 3 % 5 1 0 IN 8 9 6 1 o P E U 1 T R I Y I J D F ? V B B C M N V - ca * command option Victoria's Secret Y.. LOUIS VUITTON. Gucci Official Site. Imported from Sam Women's eBook Calculator Note: When required, round your answers to the nearest cont. 1. Calculate a plantwide rate for Firenze Company based on machine hours. per machine hour What is the bid price of each job using this rate? Bid Price Job 1 Job 2 2. Calculate activity rates for the four overhead activities. Purchasing rate per purchase order Setup Contrate per setup Engineering rate per engineering hour Other corte per machine hour What is the bid price of each Job using these rates? Bid Price Job 1 Job 2 3. Which is are more accurate Previous Sant Agora MacBook Air A $ 4 % 5 & 7 8 9 0 E R T Y O D F G H J L C V B N M CA