Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Orient Corporation manufactures auto parts for various automakers. In the past, Orient has been using a traditional overhead allocation system based solely on machine hours. Sensing that this system was distorting costs and selling prices, Orient has decided to switch to an activity-based costing system using three activity cost pools. Information on these activity cost pools are as follows:
Activity Cost Pool
Total Cost
Total Activity
Labor Related
$72,000
10,000 Direct labor hours
Machine Related
$180,000
16,000 Machine Hours
Quality Control
$18,000
900 Inspections
Orient has received an order and will complete as Job #400 and expect to incur $1,200 of direct material, 40 hours of direct labor at $32 per hour, 80 machine hours, and 10 inspections. Orient needs a markup of 30% on the job.
A) Calculate the activity rates and compute the expected cost of job#400 under the activity-based costing system? What should be the quote on this job?
B) Relative to the activity-based costing system, would Job #400 have been overcoated or undercoated under the traditional system and by how much?
Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks.
A company manufactures two products, X & Y. It uses three materials in its manufacture, A, B and C and both unskilled and skilled labour are used. The standard costs for both products for next year are as follows:
Titian is a management accountant specialised. Explain how applying for the pro bono work could be done without jeopardizing these two ethical standards.
List five important factors that should be considered in designing reports for a responsibility accounting system.
Why is diversity such important issue? What's been your experience and how does it relate to what you see and hear about in other organizations and industries
What is the return on investment (ROI) for a wine grape vineyard with costs and returns? $2,000,000 Establishment costs (total for 3 years to bring vineyard)
Pinklake Company has a 2.5% return on average assets of $350,000 and a net profit ratio of 10%. What Pinklake's sales are closest to?
The managing director of the bank to make recommendations for improving its operations. Define and explain the negative consequences of budgetary slack.
Compute Becker's production budget for May and June. Becker Bikes manufactures tricycles. The company expects to sell 350 units in May and 480 units in June.
Calculate the total cost of goods manufactured during January, and the average cost of a single unit of the product. Calculate the cost of goods sold during Jan
Prepare written report for the Directors that explains and analyses the Cost of Quality Report you have just prepared. In your report to James and Leon
Calculate the internal rate of return for the delivery business. Should Palermo Pizzeria invest in the delivery business if the required rate of return is 10 percent?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd