Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model Annual Sales in Units High F 11,300 Great P 17,300 Techno uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: High F $ 39.30 $ 18.90 Great P Direct materials $ 26.70 $ 14.50 Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery engineering hours inspection hours 2,660 $ 425,600 13,090 350,190 33,970 machine hours 541, 600 Miscellaneous Overhead 26,650 direct labor hours 132,650 Total $ 1,450,040 Techno's controller had been researching activity-based costing and decided to switch to it. A special study determined Techno's two products have the following budgeted activities: High F Great P Engineering and design hours Quality control inspection hours Machine hours Labor hours 1,090 1,570 5,770 7,320 20,410 13,560 12,130 14,520 Using the firm's volume-based costing, applied factory overhead per unit for the High F model is: (Rounded to the nearest cent.) Multiple Cholce $59.01. $62.99. $46.12. $45.27. $58.10. Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model Annual Sales in Units High F 11,300 Great P 17,300 Techno uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: High F $ 39.30 $ 18.90 Great P Direct materials $ 26.70 $ 14.50 Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery engineering hours inspection hours 2,660 $ 425,600 13,090 350,190 33,970 machine hours 541, 600 Miscellaneous Overhead 26,650 direct labor hours 132,650 Total $ 1,450,040 Techno's controller had been researching activity-based costing and decided to switch to it. A special study determined Techno's two products have the following budgeted activities: High F Great P Engineering and design hours Quality control inspection hours Machine hours Labor hours 1,090 1,570 5,770 7,320 20,410 13,560 12,130 14,520 Using the firm's volume-based costing, applied factory overhead per unit for the High F model is: (Rounded to the nearest cent.) Multiple Cholce $59.01. $62.99. $46.12. $45.27. $58.10.
Expert Answer:
Answer rating: 100% (QA)
Solution Data given in the question High F Great P Total Annual Sal... View the full answer
Related Book For
An Introduction to Management Science Quantitative Approaches to Decision Making
ISBN: 978-1111823610
14th edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Posted Date:
Students also viewed these accounting questions
-
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be...
-
Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model Annual Sales in Units High F 11,100 Great P 17,100 Techno uses a...
-
Digital Controls, Inc. (DCI), manufactures two models of a radar gun used by police to monitor the speed of automobiles. Model A has an accuracy of plus or minus 1 mile per hour, whereas the smaller...
-
The Trial Balance and Adjustments columns of the worksheet of Wells Decorating Centre included these accounts and balances at December 31, 2017: Required Wells Decorating Centre uses the perpetual...
-
The statement of nancial position of Columba Ltd. at December 31, 2011, was as follows: The recorded amounts of Columbas identiable assets and liabilities at this date were equal to their fair values...
-
How many different spanning trees does each of these simple graphs have? a) K3 b) K4 c) K2,2 d) C5
-
The chapter provides sample goals for an initial sales call on a prospect. (a) What other goals can you come up with that might be appropriate for an initial sales call? (b) Develop three or four...
-
Wagner Manufacturing estimated its product costs and volume of production for 2012 by quarter as follows. Wagner Company sells a souvenir item at various resorts across the country. Its management...
-
For your conclusion, describe how the concepts of diaspora and accretion change the way local communities are defined by global historical event?
-
The three forces are applied to the bracket. Determine the range of values for the magnitude of force P so that the resultant of the three forces does not exceed 2400 N. 3000 N 90%- Prob. 2-38 800 N...
-
1 What is HRM 2 What is Training and Developmnt 3 What is Recruitment 4 What is Selection 5 What is HRP 6 What is Job Analysis 7 What is a Career Planning and Development 8 What is Job-Description 9...
-
What is the annual dividend on 2 0 0 shares of WVU corporations, 6 % $ 5 0 per preferred stock?
-
The US 1 year spot rate is 2.16% and the Mexican 1 year spot rate is 4.09%. A US investor purchases a Mexican corporate bond with an expected 1 year return of 9.67%, as measured in Mexican peso. The...
-
A n IOU for $ 1 , 0 0 0 can be cashed exactly five years from now. what is the present value, assuming a discount rate of 5 . 2 5 % compounded semiannually?
-
You borrowed $ 1 1 , 0 0 0 from your bank to build a small cabin on your property . The bank will charge 1 0 % per year compounded quarterly . You decide to payoff this loan in 2 years making...
-
A company's bond has an annual coupon rate of 4 % . The bond pays coupons semiannually and has a par value of $ 1 , 0 0 0 . The bond matures in 6 years. What is the percentage ( % ) yield to maturity...
-
1) What does APGAR stand for? Try to calculate for the Apgar score of a newborn with hypoxiawith the following data: Heart rate = 98 Respiratory effort = slow, irregular Muscle tone = some flexionof...
-
7. Baladna wants to analyze process that includes delivery by suppliers, production inside the company, transportation to to its customers and information systems. Then it also wants to find out...
-
Tucker, Inc., produces high-quality suits and sport coats for men. Each suit requires 1.2 hours of cutting time and 0.7 hours of sewing time, uses 6 yards of material, and provides a profit...
-
University of Iowa Sports Information (UISI) procures its game-day football magazines from a publishing company at a price of $9.00 per magazine. UISI sells the magazines on the day of the...
-
Consider the following linear program: Max 3A + 2B s.t. 1A + 1B 10 3A + 1B 24 1A + 2B 16 A, B 0 a. Use the graphical solution procedure to find the optimal solution. b. Assume that the objective...
-
Data were collected to discern environmental factors affecting health standards. For 21 small regions we have data on the following variables: The data are given in Table 8.27. (a) Perform a...
-
We have data on the distance covered by irrigation water in a furrow of a field. The data are to be used to relate the distance covered to the time since watering began. The data are given in Table...
-
In this problem we are trying to estimate the survival of liver transplant patients using information on the patients collected before the operation. The variables are: The data are given in Table...
Study smarter with the SolutionInn App