Question: Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50

Value-Stream Average Costing, ABC Costs as Benchmarks

A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the basic model (Model B). The resource consumption patterns are shown as follows:

Stream Activities
Cell manufacturing 2,415 min. 7,245 min. $ 67,620
Engineering 70 hrs. 294 hrs. 32,760
Testing 95 hrs. 228 hrs. 23,579
Total $ 123,959

1. Calculate the ABC product cost for Models A and B. If required, round your answers to the nearest cent.

2. Calculate the value-stream average product cost. If required, round your answer to the nearest cent.

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:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Exercise 15.9 (Algorithmic) Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Exercise 15.9 (Algorithmic) Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the...

Q:

Utilize the function a most perspective and critically examine this claim that lying flatism is a youth problem. Provide 5 reasons.

Q:

Problem 2 (10pts). Assume the training data for the classification task is given as follows: (r(),y()), (r(2), y()), (r(M), y(M)), with y() {0,1}, i = 1,2,..., M. The logistic regression is employed...

Q:

If the interest rate is lower in Hong Kong than in Japan, and if the forward rate of the Japanese yen is the same as its spot rate, then _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ( HINT: Similar to the example...

Q:

a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this...