Activity-bases costing to assign overhead costs

Assignment Help Accounting Basics
Reference no: EM13132744

S Corp uses the following activity rates from its activity-bases costing to assign overhead costs to products.

Activity cost pools Activity Rate
Setting up batches $96.01 per batch
Processing Customer Orders $21.72 per customer order
Assembling products $2.23 per assembly hour

Last year, Product J involved 48 batches, 22 customer orders and 395 assembly hours.

Required:

How much overhead cost would be assigned to Product J using the company's activity based costing system? Show your work.

Reference no: EM13132744

Questions Cloud

Elizabeth points-relation analysis : As part of her response to a question on an exam, Elizabeth points out the problems associated with the eating of a poulation. in this part of her response, Elizabeth is engaged in Witch one is correct is it  (A) Relation analysis or is (B) Ide..
What happens if cellulose is reacted with maleic anhydride : what happens if cellulose is reacted with maleic anhydride C4H2O3? Again, how is the cellulose molecule/structure altered and what are the reaction by-products?
Explain why the accounting treatment is different : Explain why the accounting treatment is different in the General Fund and governmental activities general journals.
Find the probability that model will be defective : Replace (or exchange) 10% of its model I and 18% of its model II. If a model is selected at random, find the probability that it will be defective.
Activity-bases costing to assign overhead costs : S Corp uses the following activity rates from its activity-bases costing to assign overhead costs to products.
Determine the total cost to redecorate the mayor offices : Overhead is applied to contracts by using a predetermined overhead rate that is based on direct professional labor cost. Actual professional labor during the year was $655,000 and actual overhead was $793,000.
Members of your learning team : You and the members of your Learning Team are employees of a criminal justice organization. Your team has been tasked with developing a change proposal in an attempt to convince senior management to implement the change initiative your team has chose..
Constructing lebesgue measure : How would the construction of the Lebesgue measure in R2 change if we assume at the beginning that the measure of the unit square [0, 1]Ã?[0, 1] is =2?
What are the direct labor costs for the period : Factory overhead costs for this period were 3 times as much as the direct material costs. Prime costs totaled $2,000. Conversion costs totaled $3,280. What are the direct labor costs for the period?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd