Assume a company's activity-based costing system Includes three activities with the following activity rates: Activity Cost...

 

 

  

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Assume a company's activity-based costing system Includes three activities with the following activity rates: Activity Cost Pool Activity Rate Testing Setups Molding $2 per testing minute $50 per setup hour $ 22 per machine-hour Two of the company's many products Include Product A and Product B. These two products consumed the company's activities as follows: Total Expected Activity Testing (number of testing minutes) Product A Product B 320 Setups (number of setup hours) 250 15 Molding (number of machine-hours) 5 20 12 How much cost would be assigned from the Testing activity to Product A? Assume a company's activity-based costing system includes three activities. The following information is available with respect to those activities: Testing Estimated Overhead Cost Activity Cost Pool $ 150,000 $ 105,600 $ 220,000 Setups Molding Expected Activity 100,000 testing minutes 2,200 setup hours 10,000 machine hours What is the activity rate for the Setups activity? Assume the following Information: Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 295,000 Conversion $ 15,000 385,000 $ 305,000 $ 400,000 Total $ 25,000 680,000 $ 705,000 If the equivalent units of production for materials is 6,000 units using the weighted-average method, then what is the cost per equivalent unit for materials? Assume the following Information appears in the Milling Department's cost reconciliation report: Milling Department Costs added to production during the period Cost of beginning work in process inventory Cost of the units transferred out of the Milling Department What is the cost of the ending work in process Inventory of the Milling Department? Materials $ 650,000 $ 16,900 $ 645,000 Assume a company's activity-based costing system Includes three activities with the following activity rates: Activity Cost Pool Activity Rate Testing Setups Molding $2 per testing minute $50 per setup hour $ 22 per machine-hour Two of the company's many products Include Product A and Product B. These two products consumed the company's activities as follows: Total Expected Activity Testing (number of testing minutes) Product A Product B 320 Setups (number of setup hours) 250 15 Molding (number of machine-hours) 5 20 12 How much cost would be assigned from the Testing activity to Product A? Assume a company's activity-based costing system includes three activities. The following information is available with respect to those activities: Testing Estimated Overhead Cost Activity Cost Pool $ 150,000 $ 105,600 $ 220,000 Setups Molding Expected Activity 100,000 testing minutes 2,200 setup hours 10,000 machine hours What is the activity rate for the Setups activity? Assume the following Information: Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 295,000 Conversion $ 15,000 385,000 $ 305,000 $ 400,000 Total $ 25,000 680,000 $ 705,000 If the equivalent units of production for materials is 6,000 units using the weighted-average method, then what is the cost per equivalent unit for materials? Assume the following Information appears in the Milling Department's cost reconciliation report: Milling Department Costs added to production during the period Cost of beginning work in process inventory Cost of the units transferred out of the Milling Department What is the cost of the ending work in process Inventory of the Milling Department? Materials $ 650,000 $ 16,900 $ 645,000