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!
Problem - Telecom Company produces a cell phone that sells for $150, and a smart phone that sells for $350. Last year, total overhead costs of $550,000 were allocated based on direct labor hours. A total of 12,000 direct labor hours were required last year to build 6,000 cell phones (2 hours per unit), and 10,000 direct labor hours were required to build 2,000 smart phones (5 hours per unit). Total direct labor and direct materials costs for last year were:
Cell Phone
Smart Phone
Direct materials
$270,000
$160,000
Direct labor
300,000
200,000
Management of Telecom Company would like to use activity-based costing to allocate overhead rather than using one plantwide rate based on direct labor hours. The following estimates are for the activities and related cost drivers identified as having the greatest impact on overhead costs.
Activity
Cost Driver
Estimated Overhead Costs
Estimated Cost Driver Activity
Total
Cell phone
Smart phone
Production runs
Number of production runs
$200,000
20
5
25
Quality inspections
Inspection hours
150,000
600
1,400
2,000
Packaging and shipping
Number of units shipped
6,000
8,000
$550,000
Required - Calculate the direct materials cost per unit and direct labor cost per unit for each product.
Journal Entries for Fair Value and Equity Methods Presented two independent situations. Prepare all necessary journal entries in 2010 for both situations
During 2011, equipment with a cost of $290,000 was sold. Prepare the statement of cash flows of Metagrobolize for the year ended December 31, 2011
Sysco is a large American food trading company which has more than 40.000 employees and managers. Each of its area has different labour forces and different market approaching methods.
The purpose is to summarise international critique with respect to the Standard. The dissertation should clearly indicate proper research on the following:
Prepare a correct trial balance - Prepare the adjusting entries for the month of June - Prepared a classified balance sheet
The band charges you $400. Your committee wishes to make $200 profit what will be the sales dollar required to achieve that
On January 1, 2021, Avondale Lumber adopted the dollar-value LIFO inventory method. Calculate inventory amounts at the end of each year
january 2 2010 indian river groves began construction of a new citrus processing plant. the automated plant was
how should the auditor proceed to determine whether accounts receiable and sales returns and allowances contains a
D'Lite Dry Cleaners is owned and operated by Joel Palk. Determine the amount of Joel Palk's capital as of July 1 of the current year.
What ethical responsibilities do Minnie and the companies have? For example, should the decision to repair the system be considered in terms of the potential
What is the parent's share of consolidated net income for 2015 if Ackerman owns only 80 percent of Brannigan and the equipment transfer was upstream
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