What is the activity rate for the assembly activity

Assignment Help Accounting Basics
Reference no: EM132883270

Problem - A Company produces two products- calculators and games. The company planned to produce 4,000 calculators and 8,000 games. The company uses ABC costing, and one of the activity cost pools was assembly, which had an output measure of total parts. The total estimated overhead for the assembly cost pool was $660000. The calculator required 16 parts, and the games required 52 parts. What is the activity rate for the assembly activity?

Reference no: EM132883270

Questions Cloud

Identify chemical and discuss chemical properties : Identify the chemical and discuss the chemical properties. What level of exposure of this chemical is considered toxic?
How did google merger with andriod affect compensation : How did Google's merger with Andriod affect compensation (a part of human resource management)?
Define dismissal for just cause and insubordination : Since insubordination is a form of misconduct and often provides grounds for just cause dismissal...
The company basic activity and focus : An overview of the company is provided which includes the company's basic activity and focus, and goods and/or services provided.
What is the activity rate for the assembly activity : The calculator required 16 parts, and the games required 52 parts. What is the activity rate for the assembly activity
Describe process of neurotransmitter reuptake : Describe the process of neurotransmitter reuptake. Include a discussion about how enzymes break down transmitter molecules.
Which step of scientific method : Which step of the scientific method is most important, in your opinion? In your discussion, define and describe this step.
What role does the hr department play in an organization : What role does the HR department play in an organization?
What value should LGM put in inventory of Zeros : LGM Ltd has 200 items of a product Zeros in inventory at 31 March 2021. What value should LGM put in inventory of Zeros

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why are incidental costs igored in inventory costing

Use LCM applied separately to the following individual items to compute ending inventory

  Prepare a memorandum to the audit manager

Prepare a memorandum to the Audit Manager, outlining your risk assessment relating to Wild Forest Limited based on the above situations

  Compute the present value of the tax savings

Compute the present value of the tax savings from the charitable contribution if $177,500 is deducted in the year of the contribution and $71,000 is deducted.

  What strategies did the management of super bakery inc use

Write a paper of no more than 700 words addressing the following questions: What strategies did the management of Super Bakery, Inc. use

  How this overlooked fact affects company financial statement

A retail company recently completed a physical count of ending merchandise inventory to use in preparing adjusting entries.

  What is the dollar return on the stock investment

To begin, assume that the stock sale nets $11,500. What is the dollar return on the stock investment? What is the rate of return

  How much income should Z include in his return

During the tax year, AAA had taxable income of $160,000 before any guaranteed payments. How much income should Z include in his return for the current year

  Calculate the net present value of this investment

Calculate the net present value of this investment. Calculate the accrual accounting rate of return on initial investment for this project

  Prepare the planning and flexible budgets

T1 Corporation bases its budgets. Prepare the planning and flexible budgets and show a report showing the company's activity variances for October.

  Compute the annual depreciation charges

Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods

  Is Jim correct about application of statute of limitations

In discussing this matter with him, you discover that he also has not filed for tax year 2015. Is Jim correct about application of statute of limitations

  Sales forecast for beginning of the upcoming fiscal year

Sales are budgeted at $220,000 for November, $200,000 for December, and $210,000 for January. Collections are expected to be 70% in the month of sale, 27% in the month following the sale, and 3% uncollectible.

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