Question: ............... Use Table 1 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 1). The company makes

...............

............... Use Table 1 to answer this
Use Table 1 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 1). The company makes 430 units of product ABA a year, requiring a total of 650 machine-hours, 40 orders, and 10 inspection-hours per year. The product's direct materials cost is $35.72 per unit and its direct labor cost is $29.46 per unit. According to the activity-based :costing system, the average cost of product ABA is closest to .a. $89.72 per unit .b. none of the given answer O c. $65.18 per unit O d. $92.78 per unit O e. $94.11 per unit O Company XYZ has total prime cost of $21,000 and total conversion cost of $42,000. Assume that manufacturing overhead cost is ?three times the direct labor cost, how much is the direct materials cost a. 12,000 0 b. None of the given answer O c. 31.500 O . 21:000 0 e. 10.500 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. What is the net pay for Joseph T. ONeill? 2. What is the amount of OASDI withheld for Norman A. Ryan? 3. What is the total net pay for all employees? 4. What is the total CIT withheld for all...

Q:

t and on 11 out of XYZ Company is preparing its direct materials budget. Budgeted production for January, February, March, and April are 5000 units, 7000 units, 6500 units, and 8000 units,...

Q:

Use Table 1 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 1). The company makes 430 units of product ABA a year, requiring a...

Q:

Use Table 2 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 2). The company makes 430 units of product ABA a year, requiring a...

Q:

Use Table 2 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 2). The company makes 430 units of product ABA a year, requiring a...

Q:

Use Table 2 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 2). The company makes 430 units of product ABA a year, requiring a...

Q:

Use Table 2 to answer this question. XYZ Corporation has provided the following data from its activity-based costing system (Table 2). The company makes 430 units of product ABA a year, requiring a...

Q:

Please give me the correct answer as soon as possible! Table 2 Activity Cost Pool Assembly Processing orders Inspection Total Cost $ 1.114.920 $ 47.016 $ 107.328 Total Activity 57,000 machine-hours...

Q:

Knowledge Check 01 Activities Assembly Processing Orders inspection Activity Rates $14.35 per machine-hour $47.85 per order $70.30 per inspection-hour True Blue Corporation provided the data set...

Q:

Activities Assembly Processing Orders Activity Rates $14.35 per machine-hour $ 47.85 per order per inspection- hour inspection True Blue Corporation provided the data set forth above from its...

Q:

Knowledge Check 01 Harrington Company has two products: A and B. The annual production and sales of Product A is 1,750 units and of Product B is 1,150 units. The company has traditionally used direct...

Q:

Ali Sung died of illness on July 1, 2014. Before passing away, he had appointed his son, Deeja Sung, as the executor of his estate. Ali left a will as follows: Specific devises Villa in Bali for his...

Q:

Explain the structure of a triangular reorganization? What advantages would a triangular reorganization provide the acquiring corporation?

Q:

5 Find a 100 b 3125 c 15 2 12 2

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...