What amount of the payroll department costs

Assignment Help Managerial Accounting
Reference no: EM13165141

Question 1

Maxx Inc. has provided the following data from its activity-based costing system:

Activity Cost Pools  Total Cost         Total Activity

Designing products   $389,400        6,490 product design hours

Setting up batches   $52,678         7366 batch set-ups

Assembling products $25,122         4,018 assembly hours

The activity rate for the "designing products" activity cost pool is:

Question 2

Sasha Company allocates the estimated $183,900 of its accounting department costs to its production and sales departments since the accounting department supports the other two departments particularly with regard to payroll and accounts payable functions. The costs will be allocated based on the number of employees using the direct method. Information regarding costs and employees follows:

Department

Employees

Accounting

4

Production

33

Sales

10

How much of the accounting department costs will be allocated to the production?

Question 3

Medusa Company allocates costs from the payroll department (S1) and the maintenance department (S2) to the molding (P1), finishing (P2), and packaging (P3) departments. Payroll department costs are allocated based on the number of employees in the department and maintenance department costs are allocated based on the number of square feet which the production department occupies within the factory. Information about the departments is presented below:

 

 

Number of

Number of Square

Department

Costs

Employees

Feet Occupied

Payroll (S1)

$148,000

2

2,000

Maintenance (S2)

$220,000

8

64,000

Molding (P1)

 

65

100,000

Finishing (P2)

 

46

60,000

Packaging (P3)

 

23

40,000

Medusa uses the direct method to allocate costs. Round all answers to the nearest dollar.
What amount of the payroll department costs will be allocated to the molding department?

Question 4

The Manassas Company has 55 obsolete keyboards that are carried in inventory at a cost of $9,600. If these keyboards are upgraded at a cost of $6,500, they could be sold for $18,400. Alternatively, the keyboards could be sold "as is" for $7,400. What is the net advantage or disadvantage of re-working the keyboards?

Reference no: EM13165141

Questions Cloud

Creates pet objects from data read from the keyboard : The assignment is to write a program that creates Pet objects from data read from the keyboard. Store these objects into an instance of ArrayList.
Find the first occurrence, the last occurrence : If numbers in a list aren't unique and therefore the largest number could occur more than once would the algorithm find the first occurrence, the last occurance? Every occurance?
State the acid-catalyzed dehydration of heopentyl : The major product of the acid-catalyzed dehydration of heopentyl(2,2-dimethyl-1-propanol) has a different carbon skeleton than that of the starting alcohol
List advantages of asp : List advantages of ASP (SaaS) hosting services for ERP deployment. What is it about SaaS hosting services that make it very attractive for small to mid-sized corporations?
What amount of the payroll department costs : What is the net advantage or disadvantage of re-working the keyboards and what amount of the payroll department costs will be allocated to the molding department?
Estimate liekly final temperature after reaching equilibrium : Assume the total heat capacity of the air C air=30 J/K. Describe what's the likely ice will ne after the system reaches equilibrium. b) Estimate theliekly final temperature after reaching equilibrium
Calculate the enthalpy change for this reaction : sodium metal reacts violently with water to produce aqueous sodium hydroxide and hydrogen gas. calculate the enthalpy change for this reaction.
Query using a literal character string : query specifying specific columns query using a column alias query using the concatenation operator query using a literal character string
What will be the final concentration of all ions the remain : If 30.0mL of .150M calcium chloride is added to 15.0 mL of .100 M silver nitrate what will be the final concentration of all ions the remain in the solution?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Joint cost-utilization of scarce resources

The Dallas plant of Oscar Chemical processes talphazine into zetazine and gammazine. A batch comprises of 20,000 gallons of talphazine, costing $11,000.

  Joint cost allocation-net realizable value

A single production process converts a single raw material into 5,000 kg of joint product A and 5,000 kg of joint product B at a total cost of $100,000.

  Flexible budgets-design and budget elements

Design and Budget Elements of Proposal Paper Select a proposal type and make a 1050- to 1750-word paper selecting one of following elements in budget proposals:

  Write about the financial statement analysis

Write about Best buy about their Financial Statement Analysis

  Prepare flexible budget performance report

Prepare a flexible budget performance report that shows both activity variances and revenue and spending variances for October.

  Explain how activity cost drivers affect cost behavior

Show how changes in cost driver levels affect variable and fixed costs and calculate break-even sales volume in total dollars and total units.

  Number of pounds of raw materials

Compute the number of units of product to be produced during October. Compute  the number of pounds of raw materials to be purchased during October.

  Cost function linear relationship

Need a cost function for this problem while assuming the relationship is linear.

  Indicators of measurement and performance

The Concept of a balance scorecard is the topic. While there is not necessarily one best way to view a balance scorecard, clearly the good indicators of measurement and performance go beyond financial perspectives.

  Determining operating income

GHI Company makes light-weight canoes for campers. The president, George Ingalls, enlists your help in predicting the effects of some changes he is contemplating. He gives you the following information:

  Percentage markups on cost

What percentage markups on selling price are equivalent to the following percentage markups on cost: 33 1/3, 20, 40, and 50? Discuss importance.

  Cost accounting-managerial emphasis

USE SunRype and Welches which are provided for you as a Website Resource. Compare Sales and Net Income over the last 3 years. (Trend Analysis). Remember to compute trends in Dollars and Percentages.

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