How much overhead cost would be assigned to product a

Assignment Help Business Management

Reference no: EM133490021

Assignment: Managerial Accounting

Question I. KK Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.

Activity Cost Pools	Activity Rate
Setting Up Batches	SAR 83.75 Per Batch
Assembling Products	SAR 2.88 per assembly hours
Processing Customer orders	SAR 50.41 per Customer order

Data concerning two products appear below:

Particulars	Product A	Product B
Number of Batches	34	41
Number of Assembly Hours	105	824
Number of Customer orders	17	38

Question 1. How much overhead cost would be assigned to Product A using the company's activity-based costing system? Show your work!

Question 2. How much overhead cost would be assigned to Product B using the company's activity-based costing system? Show your work!

Question II. In August 2021, ABC Co. incurred total cost of SAR 29,000 and made 3,100 units. In November 2021, it produced 1,600 units and total costs were SAR 20,000. What are the total fixed cost and average variable cost?

Question III. Ahmed Corporation manufactures umbrellas. The cloth used in one umbrella costs $ 15. The corporation rents a manufacturing factory for a monthly rent of $ 275. Prepare a table showing the Total Fixed Cost, Total Variable cost, Total Cost and Average Fixed Cost, Average Variable Cost, and Average Cost for three different levels of production. (No. of units at three different levels can be chosen by you).

Question IV. Identify three differences between job order costing and process costing?

Reference no: EM133490021

Questions Cloud

Summarize four concepts about forgiveness about from video : In Part I summarize four concepts about forgiveness about from the video of Desmund Tutu's Christian perspective.

What have realized about yourself from grit scale : What have you learned and realized about yourself from grit scale and resilience scale? List down atleast three realizations and discoveries about yourself.

Create a paragraph that explains in detail the assigned : Create a paragraph that explains in detail the assigned procedure Conducting nebulizer treatments. The text should include 50 adverbs that detail the actions

What is integrative psychotherapy : What is integrative psychotherapy and its direction for counsellors progress? Why do counsellors use theoretical integrative in counselling?

How much overhead cost would be assigned to product a : ACCT 322- How much overhead cost would be assigned to Product A using the company's activity-based costing system? Show your work!

What do you think the author is arguing about : What do you think the author is arguing about the federal prison system and its effects on mothers and their children? Do you agree or disagree with the author

Describe basic sociological concepts used to differentiate : Describe basic sociological concepts used to differentiate and describe social structures. Provide examples where you feel they may be useful.

How is that theme developed in the story : How is that theme developed in the story? What tools does the author use to present the theme? Try to incorporate at least three literary terms

Do you make any edits to the outline of your paper : Do you make any edits to the outline of your paper when writing the rough draft? Why or why not? Include 2 scholarly sources/references

User Account

All Pages