Reference no: EM132857125
Question - Suni, the manager of Stargazers, is analyzing the company's MOH costs from last year. It had always followed an actual costing system when determining the costs of its customizable telescopes. But Suni wondered if it would be better to switch to a normal costing system, as she had heard quite a few people talking about that at an industry conference she attended the previous month.
Since Stargazers has a highly machine-intensive operation, machine hours are used as its MOH cost driver. Here are the costs and other MOH information Suni is analyzing:
Budgeted MOH cost $422,400
Actual MOH cost 414,720
Budgeted machine hours 96,000
Actual machine hours 108,000
Required -
a. Determine the actual MOH rate and the budgeted MOH rate Stargazers would have used last year under actual costing and normal costing, respectively.
b. Calculate total applied MOH under both actual costing and normal costing for last year.
c. How much would Stargazers have been under- or overapplied in its MOH costs if it followed an actual costing system? If it followed a normal costing system?
d. What are the key advantages and disadvantages to both of these systems, and what would that mean for Stargazers' ability to price its products if it bases its selling price on cost?
Estimate the maximum point difference
: Using the frequency distribution table provided, estimate the maximum point difference for which 60% of the bowl games in 2018-2019 fell under.
|
Calculate the sample variance and sample standard deviation
: -Calculate SS, variance, and standard deviation for the following sample of n = 6 scores: 11, 0, 8, 2, 4, 5. (The definitional formula works well with these sco
|
What is the probability that at least 3 of them are multiple
: What is the probability that at least 3 of them are multiples of ten? You may round your answer to 3 decimal places. Please answer step by step.
|
Compute r 2 and the estimated cohen
: A random sample of n 16 scores is obtained from a population with a mean of 45. After a treatment is administered to the individuals in the sample, the sample m
|
Determine the actual MOH rate and the budgeted MOH rate
: Determine the actual MOH rate and the budgeted MOH rate Stargazers would have used last year under actual costing and normal costing, respectively
|
Find evidence that the population mean wait time
: A quality improvement project was conducted with the objective of improving the wait time in a county health department (CHD) Adult Primary Care Unit (APCU).
|
Relationship between weight and neck circumference
: A researcher is investigating the relationship between weight and neck circumference. He collects a dataset of 72 individuals and obtains the following:
|
What is the probability that at least 2 people in a group
: What is the probability that at least 2 people in a group of 15 people will share a birthday? Four players are playing cards and each person is dealt one card.
|
At what price would the bonds sell
: Two years after the bonds were issued, the going rate of interest on similar bonds fell to 6%. At what price would the bonds sell
|