User Account

All Pages

Calculate the activity rates for each cost pool

Assignment Help Accounting Basics
Reference no: EM131792336

Question - Larkspur Corp. manufactures bird feeders. It currently has two product lines, the standard and the deluxe. Larkspur has a total of $137,250 in overhead.

The company has identified the following information about its overhead activity pools and the two product lines:

Activity Pools

Cost Driver

Cost
Assigned
to Pool

Quantity Consumed
by
Standard

Quantity Consumed
by
Deluxe

Material handling

Number of
moves

$3,500

20 moves

50 moves

Quality control

Number of inspections

$33,750

250 inspections

125 inspections

Machine
maintenance

Number of
machine hrs

$100,000

5,000 machine hours

5,000 machine hours

Calculate the activity rates for each cost pool in Larkspur's ABC system.

Reference no: EM131792336

Questions Cloud

Determine amount of overhead assigned to each product line : Suppose Larkspur used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line
What is the ending balance of the accounts payable account : What is the ending balance of the Accounts Payable account, Accounts Payable had a balance of $18,220 at the beginning of the month
Determine reported net cash provided by operating activities : Metro Inc. reported net income of $150,000 for 2014. Changes occurred in several balance sheet accounts during 2014 as follows.
Discuss what is atwood constructions tax basis in the land : How is the land recorded for book capital account purposes, What is Atwood Construction's tax basis in the land
Calculate the activity rates for each cost pool : Larkspur Corp. manufactures bird feeders. Calculate the activity rates for each cost pool in Larkspur's ABC system
Define medicalization in sociological terms : Describe one mental or physical illness that has become medicalized, apply sociological concepts to analyze how this illness has become medicalized.
How much should net cash used in financing activities be : In Xan's 2014 statement of cash flows, how much should net cash used in financing activities be?
Discuss nezcorps balance sheet at what amount : Nezcorp was required to pay the shipping, which was separately billed ($9,100). When the equipment arrived it was set up
Determine the total dividends and the per-share dividends : Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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