Question: Answer the following questions using the information below: Eagle Eye Company produces two types of lenses-L7 and L9. Single Indirect-Cost Pool System ABC System Total

Answer the following questions using the information below:
Eagle Eye Company produces two types of lenses-L7 and L9.
Single Indirect-Cost Pool System ABC System
Total direct costs $73,000 $59,000
Total indirect costs $36,000 (a)
Total costs assigned to L7 $61,000 $50,500
Total costs assigned to L9 (b) $54,500
What is the total indirect costs (a) under ABC system?
Select one:
a. $54,500
b. $37,000
c. $50,000
d. $48,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Answer the following questions using the information below: Eagle Eye Company produces two types of lensesL7 and L9. Single Indirect-Cost Pool System ABC System Total direct costs $77,000 $50,000...

Q:

can you explain that in detail? 31) Answer the following questions using the information below: Eagle Eye Company produces two types of lenses-L7 and L9. ABC System Total direct costs Total indirect...

Q:

Bismite Corporation purchases trees from Cheney lumber and processes them up to the splitoff point where two products (paper and pencil casings) are obtained. The products are then sold to an...

Q:

Answer the following questions using the information below: Eagle Eye Company produces two types of lenses - L7 and L9. Single IndirectCost Pool System Pool System ABC System Total direct costs $ 79...

Q:

Answer the following questions using the information below: Eagle Eye Company produces two types of lenses L7 and L9. What is the total indirect costs (a) under ABC system? Select one: A. $55,500 B....

Q:

please show me how to solve the two problem with procesure please. dont give me other people work, i want original Eagle Eye Company produces two types of lenses-L7 and L9. ABC System $58,000 Total...

Q:

Eagle Eye Company produces two types of lensesL7 and L9. Single Indirect-Cost Pool System ABC System Total direct costs $77,500 $58,000 Total indirect costs $37,500 (a) Total costs assigned to L7...

Q:

Please, explain the steps. Thank you Eagle Eye Company produces two types of lenses-L7 and L9. Single Indirect-Cost ABC System Pool System $73,000 $59,000 Total direct costs Total indirect costs...

Q:

Eagle Eye Company produces two types of lenses-L7 and L9. Single Indirect-Cost Pool System Total direct costs $77,500 Total indirect costs $37,500 Total costs assigned to L7 $62,000 Total costs...

Q:

Eagle Eye Company produces two types of lensesL7 and L9. Single Indirect-Cost Pool System ABC System Total direct costs. $77,500 $58,000 Total indirect costs $37,500. (a) Total costs assigned to L7....

Q:

Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. To simplify the case, the amounts given are in thousands of dollars. Account...

Q:

What will be the maturity value in 15 months of a $4500 loan at a simple interest rate of 11.9%?

Q:

56. Suppose the project director for the Hilltop Coffee study (see Section 9.3) asked for a .10 probability of claiming that Hilltop was not in violation when it really was underfilling by 1 ounce (...

Q:

5. Develop a scenario comparing two PH programs and involving the use of a CBA.

Q:

(Appendices) UNCOLLECTIBLE ACCOUNT EXPENSE: AGING METHOD. Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayces accounts receivable: Cindy...

Q:

(Appendices) EFFECTS OF DISCOUNTS ON SALES AND PURCHASES. Helmkamp Products sells golf clubs and accessories to pro shops. During 19x5, Helmkamp purchased merchandise with a list price of $628,500 on...

Q:

(Appendices) Compare and contrast the three major ways economies can be organized. What type of economy exists in the United States? Do you think another type of economy would be better? Explain your...