Question: of raw materials, the Raw Materials Inventory 76. When a process cost accounting system records the purchase is debited Tru False packaged. Next years expected
of raw materials, the Raw Materials Inventory 76. When a process cost accounting system records the purchase is debited Tru False packaged. Next years expected costs and activities are shown below. 77Aztec Industries produces bread that goes through two operations, mixing and baking, before it is ready to be Baking Drect labor hours400,000 DLH 80,000 DLH Machine hour$600.000 800.000 MH | 800,000 MH Overhead costs $400,000 Compute Aztec's departmental overhead rate for the mixing department based on direct labor hours. A. $1.50 per DLH. B. $5.00 per DLH c. $0.75 per DLH D. $0.50 per DLH E. $2.08 per DLH. 78) SBD Phone e Company sells its cordless phone for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. Determine the contribution margin ratio. A company identifed the following partial list of activities, costs, and activity drivers expected for the next year Activit Espected Costs Cost Driver Extrusion costs Number batches made Handling costs Packaging costs 800 $40,500 Number of orders illed Number of units made Product A Product B Production volume 750,000 units00000 inits 200 batches Batches made Orders filled 750 batches 200 75 How much overhead in total will be assigned to the Product A line using activity based costing? A. $132,900. B. $90,400. C. $66,450. D. $66,000. E. $42,500. The usefulness of overhead allocations based on a plantwide overhead rate depends on two crucial assumptions: (1) the overhead cost is correlated with the allocation base; and (2) all products use overhead cost in dissimilar proportions 80. True False
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