Determine the overhead allocation for the batch of 200

Assignment Help Accounting Basics

Reference no: EM13600362

# of purchase orders $400,000 overhead cost

# of shipments $100,000

# of setups $300,000

Direct labor hrs$125,000

# of inspections $75,000

During the year, 1000 purchase orders, 300 shipments, 600 setups, 750 inspections & 10,000 direct labor hours occurred to assemble monitors.

Assume a batch of 200 monitors has the following cost activity:

Purchase order 7
Material shipments 12
Machine setups 2
Direct labor hours50
Inspections 3

1.Determine the overhead allocation for the batch of 200 monitors under the traditional overhead allocation based on direct hours?

2. Overhead allocated for receiving is $3,999.96. Determine overhead allocation for the batch under activity-based costing?

Reference no: EM13600362

Questions Cloud

Sininsky mining inc has just discovered two new mining : sininsky mining inc. has just discovered two new mining sites for iron ore. geologists and engineers have come up with

Historically shifts towards a more expansionary monetary : historically shifts towards a more expansionary monetary policy have often been associated with increases in real

On point inc is interested in producing and selling a : on point inc. is interested in producing and selling a deluxe electric pencil sharpener. market research indicates that

Do the general management philosophy and accounting : the top management of general electronics inc. is well known for managing by the numbers. with an eye on the companys

Determine the overhead allocation for the batch of 200 : of purchase orders 400000 overhead cost of shipments 100000 of setups 300000direct labor hrs125000 of inspections

From a sack of fruit containing 3 oranges 2 apples and 3 : from a sack of fruit containing 3 oranges 2 apples and 3 bananas a random sample of 4 pieces of fruit is selected. if x

Scenario a - jesse aaron began his management consulting : scenario a - jesse aaron began his management consulting business on january 1 2010. he organized the business as a c

The management of russel inc is trying to decide whether it : the management of russel inc. is trying to decide whether it can increase its dividends. during the current year it

The times interest earned ratio is one measure used to : the times interest earned ratio is one measure used to assess the long-term debt ability of the firm. when computing

User Account

All Pages