Determine the amount of overhead assigned

Assignment Help Accounting Basics
Reference no: EM13661592

Bluefield Corp. has two products lines, A and B. Bluefield has identified the following information about its overhead and potential cost drivers:
Total overhead........... $112,500

Cost Drivers
Number of labor hours.......2,500
Number of machine hours..59,800

REQUIRED:
1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 70 percent and Product B requires 30 percent.

2. Suppose Bluefield Corp. uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 22,100 machine hours and Product B consumes 37,700.

Reference no: EM13661592

Questions Cloud

Compute the velocity of wreckage immediately after impact : A 1986 kg Oldsmobile traveling west on Saginaw Street at 16.0 m/s is unable to stop on the ice covered intersection for a red light at Abbott Road. The car collides by a 4144 kg truck hauling animal feed south on Abbott at 10.6 m/s. The two vehicles ..
Compute the amount received for the bonds. : a) Compute the amount received for the bonds.
What is the magnitude of the average emf induced in loop : A constant magnetic field passes during a single rectangular loop whose dimensions are 0.35 m multiplied by 0.55 m. The magnetic field has a magnitude of 2.1 T and is inclined at an angle of 80° with respect to the normal to the plane of the loop.
Discover the rms voltage output : An AC voltage source has an output voltage given by Δv = (155 V) sin377t. Discover the rms voltage output. Discover the frequency of the source.
Determine the amount of overhead assigned : 1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 70 percent and Product B requires 30 percent.
What is the compton shift in wavelength : X-rays with energy of 300 keV undergo Compton scattering from a target. The scattered rays are deflected 37 degrees relative to the direction of the incident rays. What is the Compton shift in wavelength? What is the energy of the scattered x-ray?
The earth and galaxies are moving at constant velocities : Galaxy A is moving away from us by a speed of 0.85c relative to the earth. Galaxy B is moving away from us in the opposite direction by a relative speed of 0.40c. Assume that the earth and the galaxies are moving at constant velocities, thus they are..
Regional delivery service : REGIONAL DELIVERY SERVICE
Transactions and budgetary comparison schedule. : Transactions and Budgetary Comparison Schedule.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate and compare the following ratios for fort bend

fort bend company contributes cash of 250000 and costal bend company contributes net assets of 250000 to create

  This makes no sense at all said bill sharp president of

this makes no sense at all said bill sharp president of essex company. we sold the same number of units this year as we

  Establish a petty cash fund to help ensure internal control

Carolyn Keene, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April.

  Smith and jones each owns tracts of land because of the

smith and jones each owns tracts of land. because of the location of their current operations each would prefer to have

  It is important to properly classify and report current and

it is important to properly classify and report current and long-term liabilities because they affect liquidity. refer

  Lunderville inc bases its selling and administrative

lunderville inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows

  Part aace company has a 30 percent marginal tax rate and

part aace company has a 30 percent marginal tax rate and uses a 12 discount rate to compute npv. the firm started a

  Capitaliztion of the tooling supplies

Describe wether you agree that capitaliztion of the tooling supplies is the preferable method of accounting for Auto parts ,Inc.

  Dasher company acquired a truck for use in its business for

dasher company acquired a truck for use in its business for 25500 in a cash transaction. the truck is expected to be

  Explain the benefits of a stock dividend

Explain the benefits of a stock dividend both to the coprporation issuing the dividend and to the shareholder receiving the dividend.

  On the basis of assumption that if the standard time of 60

on the basis of assumption that if the standard time of 60 hours and the time taken was 40 hours for the wage rate 20

  Compute the incremental cash flows of the investment for

the best manufacturing company is considering a new investment. financial projections for the investment are tabulated

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