Machining costs are assigned to products using

Reference no: EM13589823

Capizzi Corporation has an activity-based costing system with three activity cost pools-Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow:

Overhead costs:
Equipment depreciation	$83,100
Supervisory expense	$2,300

Distribution of Resource Consumption Across Activity Cost Pools:
	Activity Cost Pools
	Machining	Order Filling	Other
Equipment depreciation	0.50	0.20	0.30
Supervisory expense	0.50	0.10	0.40

Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:

Activity:
	MHs (Machining)	Orders
Product Y7	1,550	770
Product V2	9,010	2,250
Total	10,560	3,020

How much overhead cost is allocated to the Order Filling activity cost pool under activity-based costing?

Reference no: EM13589823

Questions Cloud

Analyze the executives plan of action in particular is the : grainiacs inc. is a diversified commodity merchandising company located in the upper mid-west with fiscal operations

A company estimates total overhead costs for the next year : a company estimates total overhead costs for the next year to be 1500000 and wishes to use direct labor hours as it

The gas in a piston defined as the system is warmed and : question the gas in a piston defined as the system is warmed and absorbs 670 j of heat. the expansion performs 347 j of

Summarize briefly the changes that the program is intended : in this application you are asked to describeand analyze the intervention strategies-that is the activities-in your

Machining costs are assigned to products using : capizzi corporation has an activity-based costing system with three activity cost pools-machining order filling and

At the beginning of april warren corporations assets : at the beginning of april warren corporations assets totaled 247000 and liabilities totaled 67000. during april the

If you start with 350g of aluminum 15ml of 14m potassium : if you start with 3.50g of aluminum 1.5ml of 1.4m potassium hydroxide and 25.0ml of 9m sulfuric acid with excess water

What are some criteria that systems designers should : what are some criteria that systems designers should consider when developing managerial reports for an ais? how do

Briefly describes how the sociological approach you have : 1. identifies and defines relevant sociological concepts foranalysing the health issue case study 2. describes and

User Account

All Pages