Question: Moving to another question will save this response. Question 5 8 points Save Answer Eleen Company in Ningbo uses activity-based costing. The company produces two

 Moving to another question will save this response. Question 5 8
points Save Answer Eleen Company in Ningbo uses activity-based costing. The company
produces two products: USB flashes 32G and 64G. The annual production and
sales volume of USB 32G is 8,000 units and of USB 64G

Moving to another question will save this response. Question 5 8 points Save Answer Eleen Company in Ningbo uses activity-based costing. The company produces two products: USB flashes 32G and 64G. The annual production and sales volume of USB 32G is 8,000 units and of USB 64G is 6,000 units. There are three activity cost pools with the following expected activities and estimated total costs: Activity Cost Pool Estimated Cost Expected Activity Expected Activity USR 2G USB 64G Activity 1 Activity 2 Activity 3 $20,000 $37.000 $91,200 100 800 800 400 200 3.000 Total 500 1,000 3,800 Using ABC, the cost per unit of USB 32G is approximately: 1.510.59 2.5 6.60 3.53.90 4.52.40 > Moving to another question will save this response. >> Question 6 2 points Save Answer Venus Corporation in Ningbo consumes 200,000 gallons of Material y per year. Its order quantity is 1,000 gallons maintains a safety stock of 10,000 gallons and its annual carrying costs are $5 per gallon per year. If the ordering cost is $10 per order, what are the total annual ordering costs? 1. $2,000 2.$1,300 3. $1,600 4. $1,200 Moving to another question will save this response. Question 7 of 25 Question 7 5 points Save Answer Ningbo Corporation has three production departments A B, and C And also has two service departments, Administration and Personnel. Administration costs are allocated based on value of assets employed, and Personnel costs are allocated based on number of employees Dept Direct Costs Employees Asset Value Admin $1,000,000 $150,000 Personnel 350,000 100,000 700,000 300,000 200,000 150,000 250,000 750,000 Using the direct method, what amount of Administration costs is allocated to A (round to the nearest dollar)? 1.5400,000 2.5250,000 3.5540,000 4.5350,000 Moving to another question will save this response. Question 8 of 25 Question 8 4 points Save Answer Alan Company in Ningbo has the following information for November Beginning Work in Process Inventory (70% complete as to conversion) Started 6,000 units Ending Work in Process Inventory 24,000 units (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material $28,500 Conversion 50, 607 Current Period Costs: Material $31,500 Conversion 76,956 All material is added at the start of the process and all finished products are transferred out. Assume that weighted average process costing is used. What is the cost per equivalent unit for material 1.51.65 2.52.31 3.51,15 0 4.82

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!