Question: Can someone please help for 70 and 71 please. Please only answer if you are confident Balakrishnan/Managerial Accounting, 2e What are the cost objects? A.

Can someone please help for 70 and 71 please. Please only answer if you are confident  Can someone please help for 70 and 71 please. Please only

Balakrishnan/Managerial Accounting, 2e What are the cost objects? A. Annual overhead costs. B. Boss Hog and Boss Bear. C. Units per year. D. Machine hours/unit. E. Material and Labor costs/unit. LOS-B ss Boss Manufacturing Company manufactures two types of bass boats. Bass Boss provides the following data, pertinent to allocating its annual overhead cost of $435,000: 70. Bas Boss Hog Boss Bear 20,000 Bass Boss Product Units per year Machine hours/unit 15,000 3.0 5.0 Materials cost/unit Labor cost/unit $1,500 $ 800 $2,000 $1,000 What are the cost drivers? A. Overhead costs; Units per year. B. Boss Hog: Boss Bear C. Overhead costs; Machine hours/unit. D. Machine hours/unit, Material cost/unit, Labor cost/unit E. Units per year. LOS-D provides the 71. Bass Boss Manufacturing Company manufactures two types of bass boats. Bass Boss following data, pertinent to allocating its annual overhead cost of $435,000: BossBoss Bear Bass Boss Product Hog 15,000 20,000 Units per year Machine hours/unit 3.0 5.0 Materials cost/unit Labor cost/unit $1,500 $%2,000 Determine the allocation rate for assuming the cost driver is machine hours/unit. A. $3 per machine hour B. $12.43 per machine hour C. $54,375 per machine hour D. $4.35 per machine hour E. $$5,000 per machine hour LOS-A S435,000 ((15,00 x 3)(20,000 x 5)) 3-12

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