The following selected data were taken from the accounting records of Colorado Enterprises: Machine Hours 53,500...

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The following selected data were taken from the accounting records of Colorado Enterprises: Machine Hours 53,500 Manufacturing Overhead $ 964,000 1,160,0001 1,433,500 63,000 July 83,000 August 59,500 995,000 Month May June Manufacturing overhead consists of three different costs; (1) machine supplies (variable). (2) property taxes (fixed), and (3) plant maintenance (semivariable). July's overhead costs were $178,000 for machine supplies, $25,500 for property taxes, and $1,230,000 for plant maintenance. Required: A. Determine the machine supplies and property taxes for May. B. By using the high-low method, analyze Colorado's plant maintenance cost and calculate the monthly fixed portion and the variable cost per machine hour. C. Assume that present cost behavior patterns continue into future months, Estimate the total amount of manufacturing overhead the company can expect in September if 59,000 machine hours are worked. For all requirements, round intermediate rate calculations to 2 decimal places and all other intermediate calculations to the nearest whole dollar. Round your final answers for "Variable plant maintenance" to 2 decimal places and all other calculations to the nearest whole dollar. A. Machine supplies Property taxes B. Plant maintenance in May Variable plant maintenance Fixed plant maintenance C. Manufacturing overhead $ $ $ 178,000 25,500 1,230,000 per hour HuskyCT Unt Quiz 10 Student Admin Activity Cost Material handling $ 233,500 Material insertion 2,492,000 Bainett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Automated machinery Finishing Packaging Total 848,500 187,000 197,000 $3,948.000 Cost Driver Number of parts Number of parts Machine hours Units to be produced Orders to be shipped Number of parts per unit Machine hours per unit Labor hours per unit Direct labor hours Orders shipped The following information pertains to the three product lines for next year Standard 6,700 Economy 11,700 1,170 27 18 19 670 32 20 19 What is Bamett's pool rate for the material-insertion activity? Deluxe 3,700 370 Help 42 22 19 Sove & Ext The following selected data were taken from the accounting records of Colorado Enterprises: Machine Hours 53,500 Manufacturing Overhead $ 964,000 1,160,0001 1,433,500 63,000 July 83,000 August 59,500 995,000 Month May June Manufacturing overhead consists of three different costs; (1) machine supplies (variable). (2) property taxes (fixed), and (3) plant maintenance (semivariable). July's overhead costs were $178,000 for machine supplies, $25,500 for property taxes, and $1,230,000 for plant maintenance. Required: A. Determine the machine supplies and property taxes for May. B. By using the high-low method, analyze Colorado's plant maintenance cost and calculate the monthly fixed portion and the variable cost per machine hour. C. Assume that present cost behavior patterns continue into future months, Estimate the total amount of manufacturing overhead the company can expect in September if 59,000 machine hours are worked. For all requirements, round intermediate rate calculations to 2 decimal places and all other intermediate calculations to the nearest whole dollar. Round your final answers for "Variable plant maintenance" to 2 decimal places and all other calculations to the nearest whole dollar. A. Machine supplies Property taxes B. Plant maintenance in May Variable plant maintenance Fixed plant maintenance C. Manufacturing overhead $ $ $ 178,000 25,500 1,230,000 per hour HuskyCT Unt Quiz 10 Student Admin Activity Cost Material handling $ 233,500 Material insertion 2,492,000 Bainett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Automated machinery Finishing Packaging Total 848,500 187,000 197,000 $3,948.000 Cost Driver Number of parts Number of parts Machine hours Units to be produced Orders to be shipped Number of parts per unit Machine hours per unit Labor hours per unit Direct labor hours Orders shipped The following information pertains to the three product lines for next year Standard 6,700 Economy 11,700 1,170 27 18 19 670 32 20 19 What is Bamett's pool rate for the material-insertion activity? Deluxe 3,700 370 Help 42 22 19 Sove & Ext

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1A Determine the machine supplies and property taxes for May MachineSuppliesVariable May Machine Sup... View the full answer