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!
Westerner Manufacturing has established the following cost pools for this year:
Cost Pool
Costs
Cost Drivers
Maintenance
$20,000
10,000 machine hours
Material handling
$25,000
250 moves
Machine setup
$30,000
1,000 hours
inspection
.$25,2Q.S2
500 inspections
Total
$100,000
The following information pertains to two representative jobs completed during January:
Item
Job 101
Job 102
Direct materials
$10,000
$7,500
Direct labor
$8,000
$5,000
Units produced
2,000
1,500
Direct labor hours
640
400
Machine hours
700
650
Number of material moves
40
15
Number of setup hours
80
Number of inspections
35
Question 1: Determine the cost per unit of Job 101 using machine hours to allocate all indirect costs.
a. $5.00/mh
b. $10/mh
c. $12.50/mh
d. $14/mh
Question 2: Determine the cost driver rate under activity based costing for maintenance.
a. $2/mh
b. $4/mh
c. $5/mh
d. $8/mh
Botanic Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales returns period extends 60 days. On February 10, 2018, a customer purchases $4,000 of products (cost $2,000). Assuming that b..
Kister Electronics had a fixed factory overhead budget for 20X0 of $72 million. The company planned to make and sell 9 million units of a particular communications device. All variable manufacturing costs per unit were $18. Compute Kister’s budgeted ..
Suppose that you are a sales representative for a major office supply business and that you get paid a commission plus a yearly bonus if your sales exceed a certain amount. In addition to working full time, you are a student at XXX College majoring i..
Henrich is a single taxpayer. In 2016, his taxable income is $425,000. What is his income tax and net investment income tax liability in each of the following alternative scenarios? Henrich has $195,000 of taxable income, which includes $50,000 of lo..
Compute the break-even point in units for the company. Determine the number of units to be sold at the break-even point for each product line.
Also assume the cost of goods sold, depreciation, interest, all assets and current liabilities vary with sales
The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 20 graduate courses in the term. Faculty contracts also dictate that a..
Prepare entries in the general fund to record the following transactions and events: - Estimated revenues for the fiscal year were $250,000 and appropriations were $248,000.
Razar Sharp Company purchased equipment on July 1, 2012, for $58,320. The equipment was expected to have a useful life of three years, or 5,400 operating hours, and a residual value of $1,620. Determine the amount of depreciation expense for the year..
On January 1, 2014, the Town of Walton issued $ 5,000,000 of 4% tax supported bonds. The bonds are dated January 1, 2014 with interest payment dates of June 30 and December 31. The first of 10 annual principal payments is due on December 31, 2014.
The building was subjected to a mortgage of $75,000 which Jo assumed. Her basis in the stock she surrendered was $10,000. Illustrate what is the amount of the gain she must recognize?
The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 16,000 units, The ending work in process inventory is 100% complete with respect to materials and 80% comple..
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