Solution-What amount of purchasing department cost

What amount of purchasing department cost

Assignment Help Accounting Basics

Reference no: EM13693968

Bernacke Corp. is instituting an activity-based costing project in its tenperson purchasing department. Annual departmental overhead costs are $731,250. Because finding the best supplier takes the majority of effort in the department, most of the costs are allocated to this activity area. Many purchase orders are received in a single shipment.

See attached Image:

A What amount of purchasing department cost should be assigned to this product?
B If 100 units of the product are manufactured during the year, what is the purchasing department cost per unit? Round your answer to the nearest cent.
C If purchasing department costs had been allocated using telephone calls as the allocation base, how much cost would have been assigned to this product? Round your answer to the nearest cent

Reference no: EM13693968

Questions Cloud

What is the difference between scarcity and shortage : What is the difference between scarcity and shortage? Give an example of each and argue whether or not (for each of your examples) the problem of scarcity or shortage will ever be solved. If so, how?

Has no monetary incentive to work : Lesley is a single mother with 2 children. She can earn $10 per hour and can work up to 1,800 hours per year. However, if she does not earn any income at all, she will receive government benefits totalling $18,000 per year. For every $1 of income she..

Machine cost : If a machine cost $50,000 initially and is expected to last for 20 years but is worth $60,000 after one year because it is in short supply, an economist most likely would say that:

Lorenz curve is that you must transform the shares of income : The trick in graphing a Lorenz curve is that you must transform the shares of income _____________, which are shown in the first column of numbers in the table, into ___________, shown in the ________ column of numbers.

What amount of purchasing department cost : What amount of purchasing department cost

Labor markets that determine peoples wages : With respect to market forces and/or labor markets that determine peoples' wages, which of the following is a true statement?

Actually increases governments budget deficit dramatically : Suppose a fiscal stimulus package that called for a large increase in government spending actually increases governments’ budget deficit dramatically

Key features of companys corporate governance framework : Identify at least three key features of your selected company's corporate governance framework and how it positions the firm to engage with stakeholders on local and international levels.

Phase out its antipoverty program support payments : A government has decided to phase out its antipoverty program support payments more slowly to help the near-poor become self-sufficient. One criticism about this policy is likely to be

User Account

All Pages

What amount of purchasing department cost

Reference no: EM13693968

Reference no: EM13693968

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT