Answer the following questions using the information below: Mayan Potters manufactures two sizes of ceramic...
50.1K
Verified Solution
Question
Accounting
Answer the following questions using the information below: Mayan Potters manufactures two sizes of ceramic paperweights, regular and jumbo. The following information applies to their expectations for the planning period: Cost Pool Overhead Costs Activity-cost driver Materials handling $45.000 90,000 orders Machine maintenance $300,000 15.000 maintenance hours Setups $270,000 45,000 setups Inspections S105.000 21.000 inspections Total support costs 5720.000 Production Estimates Production units: Regular 8,000,000 units Jumbo 16,000,000 units Machine-hours = 200,000 mh Labor-hours - 400,000 din Mayan Potters uses an ABC system and assigns overhead costs based on the overhead activity information provided above 2) The activity-cost driver for the materials handling activity is A) Orders B) Maintenance hours Production units D) Setups 3) The materials handling activity-cost driver rate is A) S 50 B) 52.00 C) 55.00 D) $20,00 4) The inspections activity-cost driver rate is A) S 50 B) 52.00 C) $5.00 D) $20.00 5) During October, Mayan produced 700,000 regular ceramic paperweights and Mayan's production manager counted 2,000 orders: 1,000 maintenance-hours: 2,000 setups and 2.000 inspections for the regular product line. For October, Mayan's controller assigned indirect costs to the regular product line A) $25,000 B) 534.000 C) $43.000 D) 720,000

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.