Question 16 of 16 Current Attempt in Progress Calculate activity-based costing rates from the following budgeted...
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Question 16 of 16 Current Attempt in Progress Calculate activity-based costing rates from the following budgeted data for Kimberly's Tools: Activity Cost Pool Budgeted Cost Budgeted Cost Driver Designing $7,350,000 49,000 design hours Machining 640,800 106,800 machine hours Packing 559,000 8,600 labour hours (Round the rate for machining activity to 2 decimal places, e.g. 15.25.) Designing $ per designer hour Machining $ per machine hour Packing +A $ per labour hour Question 15 of 16 < > Current Attempt in Progress Wildhorse Company uses four activity pools to apply overhead to its products. Each activity has a overhead costs to the product. The activities and related overhead costs are as follows: Activity Total Costs Volume of Cost Driver Material handling $590,300 118,060 parts Purchase orders 243,360 39 orders Set-up hours 302,100 159 hours Machining 522,980 3,310 machine hours Total costs $1,658,740 The above activities are used by the two different products as follows: PC-21 WX-34 Material handling 76,670 parts 41,390 parts Purchase orders 20 19 Set-up hours 116 hours 43 hours The above activities are used by the two different products as follows: PC-21 WX-34 Material handling 76,670 parts 41,390 parts Purchase orders Set-up hours 20 19 116 hours 43 hours Number of machine hours 2,170 machine hours 1,140 machine hours (a) Calculate how much of the material handling cost will be allocated to PC-21. Material handling cost allocated to PC-21 $ Question 16 of 16 Current Attempt in Progress Calculate activity-based costing rates from the following budgeted data for Kimberly's Tools: Activity Cost Pool Budgeted Cost Budgeted Cost Driver Designing $7,350,000 49,000 design hours Machining 640,800 106,800 machine hours Packing 559,000 8,600 labour hours (Round the rate for machining activity to 2 decimal places, e.g. 15.25.) Designing $ per designer hour Machining $ per machine hour Packing +A $ per labour hour Question 15 of 16 < > Current Attempt in Progress Wildhorse Company uses four activity pools to apply overhead to its products. Each activity has a overhead costs to the product. The activities and related overhead costs are as follows: Activity Total Costs Volume of Cost Driver Material handling $590,300 118,060 parts Purchase orders 243,360 39 orders Set-up hours 302,100 159 hours Machining 522,980 3,310 machine hours Total costs $1,658,740 The above activities are used by the two different products as follows: PC-21 WX-34 Material handling 76,670 parts 41,390 parts Purchase orders 20 19 Set-up hours 116 hours 43 hours The above activities are used by the two different products as follows: PC-21 WX-34 Material handling 76,670 parts 41,390 parts Purchase orders Set-up hours 20 19 116 hours 43 hours Number of machine hours 2,170 machine hours 1,140 machine hours (a) Calculate how much of the material handling cost will be allocated to PC-21. Material handling cost allocated to PC-21 $
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Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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