Reference no: EM132537475
ABC Inc. produces a single product and manufactured 20,000 units last year. The company budgeted the following overhead costs for the year:
Indirect Factory Wages:$100,000
Factory Utilities:$ 40,000
Factory Depreciation:$ 60,000
Direct manufacturing costs per unit are $50. The company uses an activity-based costing system which compiles costs into 3 cost pools, machining, milling and assembly. The costs allocated to these activity cost pools break down as follows:
Usage:
Cost: Machining Milling Assembly
Indirect Factory Wages: 50% 30% 20%
Factory Utilities: 40% 40% 20%
Factory Depreciation: 10% 90% 0%
The following cost drivers are used for each of the following activity cost pools:
Machining: Machine Hours
Milling: Milling Hours
Assembly: Direct Labour Hours
Practical capacity for each of the cost pools are shown below:
Machining: 18,000 Machine Hours.
Milling: 40,000 Milling Hours.
Assembly: 12,500 Direct Labour Hours
Actual Usage was as follows:
Machining: 40,000 Machine Hours.
Milling: 40,000 Milling Hours.
Assembly: 15,000 Direct Labour Hours.
Question 1: The budgeted overhead rate to be charged for the Milling activity was:
|
Advantages and disadvantages of likert scale
: What is a Likert Scale, and how is this tool used? What are the advantages and disadvantages of a Likert Scale?
|
|
Do you think the wave of consumerism in healthcare
: Do you think the wave of consumerism in healthcare is a good thing or a bad thing? What affect, if any, do you think it has had on the cost of healthcare?
|
|
Make an income statement and a classified balance sheet
: Make an income statement and a classified balance sheet for 2015 to include the effect of the five (5) transactions listed above
|
|
What is the impact of the ethical issue in health care
: Have you ever known someone who has dealt with a potentially ethical issue in health care such as end-of-life decision-making, in vitro fertilization, religion.
|
|
What the budgeted overhead rate to be charged
: What The budgeted overhead rate to be charged for the Milling activity was? ABC Inc. produces a single product and manufactured 20,000 units
|
|
Prepare brambles journal entries
: On January 1, 2020, Bramble Animation sold a truck to Peete Finance for $35,000 and immediately leased it back. Prepare Brambles journal entries
|
|
Name at least two kinds of solutions
: Name at least two kinds of solutions that may be administered to patients by intravenous injection and therefore must be sterile.
|
|
Research current health policy of your choice
: Research a current health policy of your choice and discuss why you find it relevant to you personally and the population.
|
|
Analyze four potential investigational sites
: Analyze four potential investigational sites, write up the pros and cons for each and select one of them based on your analyses.
|