Question: I don't know how to do these three questions. please help me. Fernley Enterprises uses a 5,000-square-foot factory that it rents for $3,000 per month.

I don't know how to do these three questions.
please help me.
I don't know how to do these three questions.please help me. Fernley
Enterprises uses a 5,000-square-foot factory that it rents for $3,000 per month.
The company uses Activity Based Costing and has the following activities that

Fernley Enterprises uses a 5,000-square-foot factory that it rents for $3,000 per month. The company uses Activity Based Costing and has the following activities that require space (sqare footage): When assigning indirect costs to each activity, how much factory rent should be assigned to preparation and setup? $1,500 $2,500 $600 $1,000 Selected financial information for the Graham Company from 2022 appears below: If manufacturing overhead is applied at a rate of 200 percent of direct labor cost, what is the cost of goods manufactured? $512,500 $786,000 $402,000 $811,000 Marquez Industries manufactures chainsaws. The company has two activities that are used to apply overhead to its products: - machining, applied at the rate of $5 per machine hour - finishing, applied at the rate of $20 per direct labor hour This month, 200 chainsaws were made, using 1,000 machine hours and 400 direct labor hours. Total direct material costs were $8,000 and total direct labor cots were $6,600. What is the total cost to manufacture the 200 chainsaws? $31,200 $27,600 $13,800 $14,600

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!