1. Jackson, Inc. produces two different products (Product 5 and Product Z) using two different...
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Accounting
1. Jackson, Inc. produces two different products (Product 5 and Product Z) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $255,000, while the cost of Inspection is $35,190. Product 5 uses 33% of total machine hours and 50% of total batches. What is the total Machining cost assigned to Product 5?
$11,613
$23,577
$84,150
$170,850
2. Robin Company has the following balances for the current month:
Direct materials used | $ | 24,000 |
Direct labor | $ | 36,800 |
Sales salaries | $ | 19,200 |
Indirect labor | $ | 4,800 |
Production manager's salary | $ | 9,600 |
Marketing costs | $ | 14,400 |
Factory lease | $ | 6,400 |
What is Robin's total manufacturing cost?
$15
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