How much total overhead will be allocated to this tool

Assignment Help Accounting Basics
Reference no: EM131794070

Rossi Company produces a variety of garden tools in a highly automated manufacturing facility. The costs and cost drivers associated with four activity cost pools are given below:

Activities: Unit Level Batch Level Product Level Facility Level
         
  Total Cost $30,000 $12,000 $6,000 $36,000
  Total Cost Driver Volume 5,000 labor hours 240 set ups % of use 36,000 units

Production of 10,000 units of a hand-held tiller required 500 labor hours, 25 setups, and consumed 40 % of the product sustaining activities. Assuming the company uses activity-based costing, how much total overhead will be allocated to this tool? (Do not round intermediate calculations.)

Reference no: EM131794070

Questions Cloud

What is the net present value if ror is given : Holiday Express is considering a 5-year project with an initial cost of $87,000. The project will produce cash inflows of $24,800 a year over the life.
Prepare the journal entry to record depreciation on computer : The cost of these computers was $170,000. Prepare the journal entry necessary at the end of 2013 to record depreciation on the computers
Give the adjacency-list representation of the directed graph : Draw the directed graph represented by the given adjacency matrix adj and the data matrix data.Give the adjacency-list representation of the directed graphs.
Complete the income statement : Income statement. Use the data from the following financial statement in the popup window, LOADING . Complete the partial income statement if the company paid.
How much total overhead will be allocated to this tool : Rossi Company produces a variety of garden tools in a highly automated manufacturing facility
Distributions to shareholders and capital structure decision : Determine whether you would prefer to see the company that you researched declare a 100% stock dividend or declare a 2-for-1 split.
What should the accumulated depreciation be at december : Carson uses the sum-of-the-years'-digits method of depreciation. What should the accumulated depreciation be at December 31, 2011
What is the contribution margin ratio for 2013 : What is the contribution margin ratio for 2013 and Compute Ace's break-even point for 2013 in dollars.
What amount of cost is avoidable if ted outsources : What amount of cost is avoidable if Ted outsources production of this product

Reviews

Write a Review

Accounting Basics Questions & Answers

  Matrix company has a maintenance department that maintains

1.matrix company has a maintenance department that maintains the machines in departments a and b. next year department

  Simple rate of return and payback analysis of two machines

Blue Ridge Furniture is considering purchasing two different items of equipment, as described below: Machine A. A machine has just come onto the market that compresses sawdust into various shelving products. Currently, the sawdust is disposed of as..

  Last night shirley worked on her accounting homework for

last night shirley worked on her accounting homework for one and one half hours. during that time she completed 6

  Differences between the direct and indirect method

What are the differences between the direct and indirect method of presenting a statement of cash flows? Which method of presenting a statement of cash flows is the best? Why? Which method appears to be most preferred?

  For the current year the company estimated that it would

raw materials 40000work in process 30000finished goods 60000for the current year the company estimated that it would

  Investor in stocks and bonds

Fluent, an investor in stocks and bonds, wanted to increase his portfolio but wanted to minimize his tax liability on the income from the bonds. He is presented with the following alternative investments:

  You have recently accepted a position with vitex inc the

you have recently accepted a position with vitex inc. the manufacturer of a popular consumer product. during your first

  What are the two different categories of tax research

Create a 700- to 1,050-word document that addresses the following: What are the two different categories of tax research

  Discuss make all entries on the books of martinez company

Make all entries on the books of Martinez Company that are involved in the transactions above

  Consolidated statement of financial position

In deliberations prior to the issuance of SFAS 160, "Noncontrolling Interests in Consolidated Financial Statements," the FASB considers three alternatives for displaying the noncontrolling interest in the consolidated statement of financial positi..

  In the current year sue received a liquidating distribution

in the current year sue received a liquidating distribution of real estate from utsrq partnership a general

  Discuss the governmental- and business-type activities

Obtain an annual report from a public college or university and answer the following questions: a. Does the institution report as a special-purpose entity.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd