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 11,100 Great P 17,100 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 $ 39.10 $ 18.70 Great P $ 26.50 $ 14.30 Direct materials Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead $ 445,400 engineering hours inspection hours 2,620 13,050 336,700 33,930 machine hours 608,940 26,610 direct labor hours 132,550 Total $ 1,523,590 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 1,070 Great P Engineering and design hours Quality control inspection hours 1,550 5,750 7,300 Machine hours 20, 390 13,540 Labor hours 12,110 14,500 Using activity-based costing, applied engineering and design factory overhead for the High F model per unit is: (Rounded to the nearest cent.) Multiple Cholce $5.43. $13.37, $16.39. $32.97. $68.15. 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 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 $ 39.10 $ 18.70 Great P $ 26.50 $ 14.30 Direct materials Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead $ 445,400 engineering hours inspection hours 2,620 13,050 336,700 33,930 machine hours 608,940 26,610 direct labor hours 132,550 Total $ 1,523,590 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 1,070 Great P Engineering and design hours Quality control inspection hours 1,550 5,750 7,300 Machine hours 20, 390 13,540 Labor hours 12,110 14,500 Using activity-based costing, applied engineering and design factory overhead for the High F model per unit is: (Rounded to the nearest cent.) Multiple Cholce $5.43. $13.37, $16.39. $32.97. $68.15. 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 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 $ 39.10 $ 18.70 Great P $ 26.50 $ 14.30 Direct materials Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead $ 445,400 engineering hours inspection hours 2,620 13,050 336,700 33,930 machine hours 608,940 26,610 direct labor hours 132,550 Total $ 1,523,590 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 1,070 Great P Engineering and design hours Quality control inspection hours 1,550 5,750 7,300 Machine hours 20, 390 13,540 Labor hours 12,110 14,500 Using activity-based costing, applied engineering and design factory overhead for the High F model per unit is: (Rounded to the nearest cent.) Multiple Cholce $5.43. $13.37, $16.39. $32.97. $68.15. 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 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 $ 39.10 $ 18.70 Great P $ 26.50 $ 14.30 Direct materials Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead $ 445,400 engineering hours inspection hours 2,620 13,050 336,700 33,930 machine hours 608,940 26,610 direct labor hours 132,550 Total $ 1,523,590 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 1,070 Great P Engineering and design hours Quality control inspection hours 1,550 5,750 7,300 Machine hours 20, 390 13,540 Labor hours 12,110 14,500 Using activity-based costing, applied engineering and design factory overhead for the High F model per unit is: (Rounded to the nearest cent.) Multiple Cholce $5.43. $13.37, $16.39. $32.97. $68.15.
Expert Answer:
Answer rating: 100% (QA)
Page No Salution STEP1 The caInedt obtion is CE 6015 STEP2 Artvity ... 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 11,300 Great P 17,300 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...
-
For this project, you must select an employer organization and research the organizations employee benefits package (plan). After you research the organizations employee benefits package, collect...
-
How does IFRS 3 Business Combinations affect the acquisition analysis?
-
Show how the sum of two five-bit integers can be found using full and half adders.
-
How does multiplicity relate to business rules? Give an example.
-
Professor Schmidt, a geologist, has agreed to purchase McDonalds farm for a price of $2,000 per acre, which corresponds to the price of good quality farmland in the vicinity. However, Schmidt, on the...
-
How do you determine an employee's emotional stability to things like stress in the workplace? Is this ability learned by you do you think it is something you were born with?
-
The Cascades Swim Club has 300 shareholders, each holding one share of stock in the club. A share of club stock allows the shareholders family to use the clubs heated outdoor pool during the summer...
-
Research any 5 assistive technologies (low-tech and high-tech) For each assistive technology answer these questions Name the technology Who will be helped in your classroom with this technology?...
-
Part I: Search for a free online emotional intelligence or emotional quotient test, and submit your responses. Discuss whether you scored higher or lower than expected. Explain three areas of...
-
Identify and define the task and general environment factors from your book that affect organizations. For each factor, identify how "Flyer One" could potentially be impacted. You must have at least...
-
How can the rules of the game reduce uncertainty? Do rules of the game promote or prevent opportunism? Compare the pros and cons of expanding into a democratic and a totalitarian country. Why is it...
-
Why JIT inventory management approaches might not be sustainable from an environmental perspective?
-
Explain why data availability is a challenge when conducting international research. How do interviews and focus groups help in data availability? What is primary market research? Describe any of the...
-
For the following weighted undirected graph find the minimum spanning tree using (a) Prim's algorithm by starting from node 'A,' and (b) Kruskal's algorithm making sure you show each step of the...
-
In the figure, two loudspeakers, separated by a distance of d1 = 2.63 m, are in phase. Assume the amplitudes of the sound from the speakers are approximately the same at the position of a listener,...
-
Consider the following two-person, zero-sum game. Payoffs are the winnings for Player A. Identify the pure strategy solution. What is the value of the game? Player B b2 b3 bi a1 10 Player A
-
Recall the TJ Inc.'s problem (Chapter 2, Problem 28). Letting W = jars of Western Foods Salsa M = jars of Mexico City Salsa Leads to the formulation: Max 1W + 1.25M s.t. 5W + 7M ¤ 4480 Whole...
-
The Carlson Department Store suffered heavy damage when a hurricane struck on August 31. The store was closed for four months (September through December), and Carlson is now involved in a dispute...
-
(a) The following trial balance was extracted from the books of M. Jackson on 30 April 2017. From it, and the note below it, prepare his statement of profit or loss for the year ending 30 April 2017,...
-
On 1 April 2013 a business purchased a machine costing 112,000. The machine can be used for a total of 20,000 hours over an estimated life of 48 months. At the end of that time the machine is...
-
On 1 January 2015 a business purchased a laser printer costing 1,800. The printer has an estimated life of four years after which it will have no residual value. It is expected that the output from...
Study smarter with the SolutionInn App