Calculate the total overhead assigned to the cameras

Assignment Help Accounting Basics
Reference no: EM131711661

Question - Witness Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four activities have been identified: machining, setups, receiving, and packing. Resource drivers have been used to assign costs to each activity. The overhead activities, their costs, and the other related data are as follows:

Product machine hours setups receiving orders packing orders

35 mm 12000 200 300 500

digital 12000 450 1200 2500

Costs $70000 $50000 $10000 $30000

Calculate the total overhead assigned to the 35mm cameras, using only machine hours to calculate a plantwide rate. (Note: Round the plantwide rate to two decimal places.)

Reference no: EM131711661

Questions Cloud

Emerging economies to embark on strategic alliances : What are the driving forces for firms in emerging economies to embark on strategic alliances? Focus in ONE reason and explain it deep.
How the person had been particularly helpful to new employee : To study the effects of primacy and recency, two groups were chosen randomly from a large sociology class. Both groups read a two-page description of a person.
Review the academic writing expectations checklist : Review the Academic Writing Expectations Checklist to guide your writing
Information about a recent international merger : Find information about a recent international merger or acquisition.
Calculate the total overhead assigned to the cameras : Calculate the total overhead assigned to the 35mm cameras, using only machine hours to calculate a plantwide rate
What are the most important types of physical evidence : What are the most important types of physical evidence that may identify a suspect?What are the most vital aspects of most criminal investigations?
Define expressive or contextual critique : Choose any artist that interests you. Below is an artist list but these are only suggestions; you do not have to choose an artist on this list
Analyze the difference between means : Asthma is a reemerging health problem among children. In one experiment, a group whose attacks began before age 3 was compared with a group whose attacks.
What amount should be recorded in year one : What amount should be recorded in year one for depreciation expense if the units-of-production method is used

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the effect of the change in the assumed discount

Calculate the effect of the change in the assumed discount rate on the PBO at the beginning of 2012 with respect to Davenport.

  Currently in-sync fixtures uses a traditional costing

the average cost data are for in-sync fixtures companys a retailer only two product lines marblette and italian

  What is a fuel cell

What is a fuel cell? What advantages do fuel cells offer over batteries for use in portable electronic devices? Do they have any disadvantages?

  What are the amt tax preferences

Caroline and Clint are married, have no dependents, and file a joint return in 2005. Use the following selected data to calculate their Federal income tax liability. What is the AMTI? What is the regular income tax liability? What are the AMT tax ..

  Equity method of accounting for investments

Prepare any necessary journal entries for MBH at December 31, 2006, under the equity method of accounting for investments.

  Calculate the payout ratio and earnings per share

Calculate the payout ratio, earnings per share, and return on common stockholders' equity for 2014. Provide an 875-word analysis of your findings

  Mackenzie roth has a 30 year 5 mortgage on his home the

mackenzie roth has a 30 year 5 mortgage on his home. the current monthly payment for the mortgage is 966.28. the

  Journal entries to record the issue of the bonds by angel

straight-Line Method se5. On April 1, 2014, Angel Corporation issued $8,000,000 in 8.5 percent, five-year bonds at 98. The semiannual interest payment dates are April 1 and October 1. Prepare journal entries to record the issue of the bonds by An..

  The bronco corporation exchanged land for equipment

What is the fair value of the equipment? Prepare the journal entry to record the exchange.

  Prepare the entry to record the impairment of the loan

Prepare the entry (if any) to record the impairment of the loan on December 31, 2019, by Paris Bank

  The company had 25000shares of common stock outstanding

the hot aire company reported the following items on its income statement for 2007.a. net operating revenues956000b.

  Transactions of carson company

Described below are certain transactions of Carson Company for 2007: On May 10, the company purchased goods from Jay Company for $50,000, terms 2/10, n/30. Purchases and accounts payable are recorded at net amounts. The invoice was paid on May 18.

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