Review problem on assigning receiving costs to the cameras

Assignment Help Accounting Basics
Reference no: EM131744479

Question: Witness Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four activities have been identified: machining, setups, receiving, and packing. Resource drivers have been used to assign costs to each activity. The overhead activities, their costs, and the other related data are as follows:

Product Machine Hours Setups Receiving Orders Packing Orders
35mm 12,000 200 300 500
Digital 12,000 450 1,200 2,500
Costs $70,000 $50,000 $10,000 $30,000

Using an activity rate for receiving based on receiving orders, assign receiving costs to the 35mm cameras.

a.$1,802

b.$1,605

c.$4,007

d.$1,209

e.$2,001

Reference no: EM131744479

Questions Cloud

Sense of nationalism americans : How does the Missouri Compromise reflect the strong sense of nationalism Americans felt for their country in the early 1800s.
Unregulated market can protect the environment : Leaving aside the question of whether an unregulated market can protect the environment,
How many lawn ornaments does wilson need to sell : Wilson Company sells lawn ornaments (rocks) with university athletic logos. The selling price of each lawn ornament is $25.00.
What other peripheral devices and capabilities : What other peripheral devices and capabilities would you want to have for your business PC?
Review problem on assigning receiving costs to the cameras : Witness Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process.
Good criminal justice cause and effect topics : good criminal Justice cause and effect topics. please view attachment for examples pertaining other subjects
Example of how telehealth is currently being utilized : Identify an example of how telehealth is currently being utilized.
Identify key facts about short-run economic fluctuations : Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
What are the types of corporate strategies : What are the types of corporate strategies ? Can you give a example for all categories?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Provide scholarship money

An Alumnus of West Virginia University whishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely. The donor plans to give money now and for each of the next 2 years. If th..

  When should the miranda warnings be given and why

When should the Miranda warnings be given and why?

  Determine the cost of goods sold

What is Wilkens' inventory turnover ratio for 2017? However based upon the information above how do I determine the cost of goods sold

  A company is considering two alternative technologies for

a company is considering two alternative technologies for manufacturing a product. the cost data are shown below. a. fc

  Journalize the issuance of the shares

On June 1, Tucker Inc. issues 2,200 shares of no-par common stock at a cash price of $7 per share. Journalize the issuance of the shares

  X company a merchandiser prepares annual financial

x company a merchandiser prepares annual financial statements. during the year the company had the following

  The controller of sagehen enterprises believes that the

the controller of sagehen enterprises believes that the company should switch from the lifo method to the fifo method.

  The financial statements for a company included the

the financial statements for a company included the following information common stock 1750000 retained earnings 950000

  Journalize the entries for april

Journalize the entries for April 1 and 7. If an amount box does not require an entry, leave it blank or enter "0".

  Compute equivalent units for direct materials

Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.

  What is the break-even point in dollars

Refer to Quick Check (8). If fixed costs for the period are $90,000, what is the break-even point in dollars?

  What are the key issues

What are the key issues

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