Solution-How much material handling overhead is assigned to

How much material handling overhead is assigned to the order

Assignment Help Accounting Basics

Reference no: EM132463334

Everlast Co. manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $432,000 payroll for 4,800 direct labor-hours. Listed below is cost driver information used in the product-costing system:

Overhead Cost Pool	Budgeted Overhead	Cost Driver	Estimated Cost Driver Level
Machine setups	$120,000	# of setups	120 setups
Materials handling	104,400	# of barrels	8,700 barrels
Quality control	264,000	# of inspections	1,100 inspections
Other overhead cost	¹⁴⁴,⁰⁰⁰	# of machine hours	12,000 machine hours
Other overhead cost		# of machine hours	12,000 machine hours
Total overhead	$632,400

A current product order has the following requirements:

Machine setups	8 setups
Materials handling	606 barrels
Quality Inspections	80 Inspections
Machine hours	830 machine hours
Direct labor hour	336 hours

Question 1: Using ABC, how much material handling overhead is assigned to the order?

Reference no: EM132463334

Questions Cloud

Determine not main focus of cost management information : Determine not main focus of cost management information? Preparation of financial statements.Strategic management.Internal audit and control.

Analyses how banks have been led in recent years : TASK - With reference to the international banking industry, write a report which critically analyses how banks have been led in recent years

How activity-based costing differs from other costing : How Activity-based costing (ABC) differs from other costing approaches in that it more accurately measures the cost of activities that are

Discuss the role of trade unions : The role of trade unions in international industrial relations may influence multinational organisation decision-making. Discuss

How much material handling overhead is assigned to the order : Using ABC, how much material handling overhead is assigned to the order? the budget for the year includes $432,000 payroll for 4,800 direct labor-hours.

Describe your plans for putting your education to use : Prior to beginning work on this discussion forum, read the articles Teaching Writing Skills That Enhance Student Success in Future Employment.

How would you combine approaches to fashion a better theory : Compare the advantages and disadvantages of act-utilitarianism and virtue ethics. Which do you think is the better theory? How would you combine the two.

Determine the perpetual inventory system : Whispering Winds Ltd. and Ayayai Ltd. incurred the following merchandise transactions in June.Determine the Perpetual Inventory System

Prepare journal entries to record the issuance of bonds : How much interest will Boston pay .Prepare journal entries to record the issuance of bonds on January 1, the first interest payment on June 30,

User Account

All Pages

How much material handling overhead is assigned to the order

Reference no: EM132463334

Reference no: EM132463334

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT