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!
Activity-based costing Brooklyn Cycles produces custom bicycles and has used a traditional manufacturing overhead application rate based on direct labor hours. Currently, overhead is applied at the rate of $26/DLH. Brooklyn is now considering using activity-based driver rates to improve manufacturing overhead costing accu- racy. Budgeted manufacturing overhead costs for expected driver activity are:
Machining time
$250,000
10,000 hours
Direct labor time
$280,000
20,000 hours
Inspection time
$ 32,000
4,000 hours
Required:
Calculate manufacturing overhead rates that would be applied to bicycles produced using activity-based costing, and explain how Brooklyn Cycles could achieve improved costing accuracy.
Its fair value is $19,000, and cash of $5,000 is paid. Prepare the entry to record the exchange, assuming the transaction has commercial substance.
How should Ken have recorded each of the four events and find the record that we paid for these
Prepare a purchases budget for the first quarter of 2011 in units, in total, and in dollars and determine the budgeted payments for purchases of raw materials for each of the first three months of operations and for the quarter in total.
What recommendation would you make to Stanley regarding hiring a new software developer? Relate your recommendation here to your responses in part a.
Prepare a report for the president describing the factors that should be considered by Tangier in choosing between LIFO and FIFO.
Rainbow Tours's owner believes that 175 people a month will sign up for the walking tour. What is the margin of safety in terms of the number of people signing up for the tour?
Explain what is meant by forward commitments and standby forward commitments. Which part of the mortgage banker's pipeline is often hedged with forward commitments
Provide the facts presented, show the various factors that affect reliability of (1) the comparable uncontrolled price method, (2) the resale price technique, (3) the cost plus technique.
Prepare the journal entries to record the transactions in July using normal costing, Calculate the over applied or under applied overhead for July. Utilize the proration method to prepare a journal entry to close this balance, Prepare a schedule of ..
ZBB forces an organization to prioritize its projects and look for alternative ways to fund or do projects. ZBB also forces organizations to plan over several years because of the time and cost required.
Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
If production cost is $11 per unit under absorption costing each year, then how many units did the company produce through the year?
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