Assign the manufacturing overhead costs for april to the

Assignment Help Accounting Basics

Reference no: EM13585957

Major Instrument, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 45 range instruments and 299 pressure gauges were produced, and overhead costs of $84,757 were estimated. An analysis of estimated overhead costs reveals the following activities.

Activities		Cost Drivers	Total Cost
1.	Materials handling	Number of requisitions	$34,221
2.	Machine setups	Number of setups	26,104
3.	Quality inspections	Number of inspections	24,432
			$84,757

The cost driver volume for each product was as follows.

Cost Drivers	Instruments	Gauges	Total
Number of requisitions	392	645	1,037
Number of setups	210	292	502
Number of inspections	229	280	509

Assign the manufacturing overhead costs for April to the two products using activity-based costing. (Round cost per unit to 2 decimal places, e.g. $120.25 and total cost assigned to 0 decimal places, e.g. $2,500.)

	Instruments	Gauges
Total cost assigned	$	$
Overhead cost per Unit	$	$

Reference no: EM13585957

Questions Cloud

Prepare a schedule assigning each activitys overhead cost : polk and stoneman is a public accounting firm that offers two primary services auditing and tax return preparation. a

A frequent criticism of accounting students by employers is : a frequent criticism of accounting students by employers is their lack of understanding of basic documents records and

The pressure-flow mechanism for sugar translocation you : the pressure-flow mechanism for sugar translocation you have learned about in this class is based on research on

The lester ratio computations and preparations of : the lester ratio computations and preparations of statements lester fredrick corporation has in recent years maintained

Assign the manufacturing overhead costs for april to the : major instrument inc. manufactures two products missile range instruments and space pressure gauges. during april 45

What is the net effect of aerosols on climate answer must : what is the net effect of aerosols on climate? answer must be 400-500 words and fully

Discuss whether this problem is describing a binomial : consider the following problema top nhl hockey player scores on 93 of his shots in a shooting competition. what is the

Fde manufacturing company has a normal plant capacity of : fde manufacturing company has a normal plant capacity of 37500 units per month. because of an extra large quantity of

Evaluate collection of accounts receivablecompute for each : evaluate collection of accounts receivable.compute for each year a the accounts receivable turnover and b the average

User Account

All Pages