Question: WP Homework: Chapter 17 * WP NWP Assessment Player UI Appli X WP Exam 1: ACC-210-095WB Manag X MY.BERGEN.EDU - Portal X + X C

WP Homework: Chapter 17 * WP NWP Assessment
WP Homework: Chapter 17 * WP NWP Assessment Player UI Appli X WP Exam 1: ACC-210-095WB Manag X MY.BERGEN.EDU - Portal X + X C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=3d7ea25e-ac94-465d-bibb-ba3945002f94#/question/7 QEGLOO* Update Nasil Gecti Habersiz... Muzeyyen Senar - E... Unblur Chegg Ans... a, Amazon.com: 60W... Haro Bikes 2021 Ste.. oh Financial Analyst - E... MY.BERGEN.EDU -.. Q Kartlar: nj permit te. Paraphrasing Tool ... @ I'M NOT F#CK"N LE.. P (4) Gelen Kutusu | a... @ Road to Arnold #3 |.. Homework: Chapter 17 Question 8 of 9 0 / 12 5 : View Policies Show Attempt History Current Attempt in Progress Kragan Clothing Company manufactures its own designed and labeled athletic wear and sells its products through catalog sales and retail outlets. While Kragan has for years used activity-based costing in its manufacturing activities, it has always used traditional costing in assigning its selling costs to its product lines. Selling costs have traditionally been assigned to Kragan's product lines at a rate of 70% of direct materials costs. Its direct materials costs for the month of March for Kragan's "high-intensity" line of athletic wear are $395,000. The company has decided to extend activity-based costing to its selling costs. Data relating to the "high-intensity" line of products for the month of March are as follows. Overhead Number of Cost Drivers Activity Cost Pools Cost Drivers Rate Used per Activity Sales commissions Dollar sales $0.05 per dollar sales $936,000 Advertising-TV Minutes $300 per minute 290 Advertising-Internet Column inches $10 per column inch 2,100 Catalogs Catalogs mailed $2.50 per catalog 59,800 Cost of catalog sales Catalog orders $1 per catalog order 9,250 Credit and collection Dollar sales $0.03 per dollar sales $936,000 (a) * Your answer is incorrect. Compute the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March (1) using the traditional product costing system (direct materials cost is the cost driver), and (2) using activity-based costing. Traditional product costing Activity-based costing Selling cost to be assigned $ 46000 326000 eTextbook and Media Save for Later Attempts: 1 of 3 used Submit Answer Type here to search Rain off and on 11:28 AM ~ ! @) 10/17/2022

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!