Problem regarding the pipe-cutting tool

Assignment Help Accounting Basics
Reference no: EM131024708

Benjamin Tools produces a variety of cutting instruments at its Amarillo manufacturing plant. The plant is highly automated and uses an ABC system to allocate overhead costs to its various product lines. The company expects to produce 48,000 total units during the current period. The costs and cost drivers associated with the four activity cost pools are given below: Activities: Unit Batch Product Facility Level Level Level Level Cost $100,000 $12,000 $20,000 $240,000 Cost Driver 8,000 DLH 100 set ups % of use 48,000 units Production of 3,000 units of a pipe-cutting tool required 800 labor hours, 25 setups, and consumed 20% of the product sustaining activities. What amount of total overhead was allocated to the pipe-cutting tool?

Reference no: EM131024708

Questions Cloud

What algebraic thinking did you engage in when solving this : Reflect on the aspects of algebraic thinking you discovered in the problem that were applicable to your problem-solving strategies. What algebraic thinking did you engage in when solving this problem? ( at least 200 words)
Examination of an existing data base : Examination of an existing data base or combination of bases in an effort to establish some cause-and-effect relationship between the variables examined.
Recent accounting scandal in the news : Reflect on an ethical dilemma that you have faced in your career, or a recent accounting scandal in the news. Describe the situations surrounding the ethical dilemma and your actions in response.
Prepare a presentation for a group of recruits : "Assume you are a senior partner in an accounting firm and must prepare a presentation for a group of recruits who aspire to become auditors with your firm.
Problem regarding the pipe-cutting tool : What amount of total overhead was allocated to the pipe-cutting tool?
Problem regarding the mechanical processing : The production process for Job 1 is automated. Now Job 1 only requires 5 hours of direct labor but 4 hours of mechanical processing. As a result, total overhead increases to $15,000. How much overhead will be assigned to Job 2 after automation?
Information about how to use a scientific calculator : Please note that these instructions are for MS Excel 2007 and MS Word 2007. For information on Macintosh Word shortcuts, click here.
Which activity does alice have a comparative advantage : Alice and Bob are trapped on an otherwise uninhabited tropical island. They survive by picking coconuts and catching fish. Each works 10 hours per day. If each devotes 5 hours per day to each activity, this table describes how much of each goo..
Which of the following is a possible equation for jessica : Jessica and Nate produce two goods: X and Y. Both Jessica and Nate have linear PPFs. Nate has the comparative advantage in the production of good X and his PPF is shown below. Based on this information, which of the following is a possible equation..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Warrants exercisable at 20 each to obtain 20000 shares of

warrants exercisable at 20 each to obtain 20000 shares of cs were outstanding during a period when the average and

  Give the entries necessary to record the valuations for

a bennet company paid cash dividends totaling 150000 in 2006 and 75000 in 2007. in 2008 bennett intends to pay cash

  Why are most corporate euro bond issuer multinational

Why are most corporate Eurobond issuer's large, multinational corporations?

  Paddle away sold 400 of those kayaks for 250 each - 100

our company paddle away began operations on 1-1-12 and the year ended on 12-31-12. we buy kayaks and sell them in a

  Determine the amounts that beldon should capitalize

Determine the amounts that Beldon should capitalize as the cost of the land and the new building.

  Find the financial statements for a publicly traded company

To participate in follow-up discussion, choose one of the companies that a classmate has reviewed, examine the company's financial statements, and provide your own commentary on it. All posts should be grammatically correct and proofread for spell..

  Evaluate the impact to a business

Evaluate the impact to a business when compensation, such as sales commissions and bonus, are tied to achieving budgeted expectations. Suggest how management can prevent employees from manipulating results.

  In the spotlight about fedex corporation you get a feel for

in the spotlight about fedex corporation you get a feel for the amount of investment in assets and the resulting

  The city of mirada wants to offer cable television to its

the city of mirada wants to offer cable television to its residents in 2009. the city has approached a company called

  Calculate the estimated cash from all sources for march

Assume20% of all sales are cash sales; remaining 80% are sales on account. Calculate the estimated cash from all sources for March.

  Computing eva and comparing performance

Compute the Company's EVA for 20X4 and 20X5. Compare the company's performance in creating value for its shareholders in 20X5 with that in 20X4.

  Draw the node-antinode pattern of the next 2 higher

consider a tube filled with air at 17 degc and open at both ends. let the length of the tube be 70 cm.awhat is the

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