Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. deemer corporation has an activity-based costing s

Deemer Corporation has an activity-based costing system with three activity cost pools-Processing, Supervising, and other...

80.2K

Verified Solution

Question

Accounting

image
Deemer Corporation has an activity-based costing system with three activity cost pools-Processing, Supervising, and other in the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption Data used in the first stage allocations follow Overhead costs: Equipment expense $ 59,000 Indirect labor $ 12,700 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Processing Supervising Other Equipment expense 0.30 0.50 Indirect labor 0.20 Processing costs are assigned to products using machine-hours (Mrs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow, Activity 0.20 0.30 0.50 Product To Product xo Total MIS Batches (Processing) (Supervising) 17,200 1,190 1,620 1,330 18,820 2,520 What is the overhead cost assigned to product XO under activity based costing? (Round your intermediate calculations to 2 decimal places.)

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Accounting
1.2K views

For 2017, Permtemp reported the following book income statementand balance sheet, excluding the federal...

Psychology
1.2K views

Is the aging process random, programmed, or both? Explain how aging theories support the process(es) you...

Biology
1.2K views

Which of the following showsirony in Twain's "The Invalid'sStory"?A. The box of guns was confused...

Basic Math
1.2K views

Find the cardinal number of each of the following sets Assume the pattern continues in...

Basic Math
1.2K views

Solve for y.2y=-11y-5If there is more than one solution, separate them with commas.If there is...

Statistics
1.2K views

point s possible ccording to a survey the probability that a randomly selected worker primarily...

Calculus
1.2K views

Knowledge check 1 winter 2U23 2 1 par a On what interval Aa 8 EB...

Algebra
1.2K views

The perimeter of a rectangle with a length of 2y 3 units and a width...

Accounting
1.2K views

external decision makers would not look primarily to financial accounting information to assist them...

Accounting
1.2K views

Question 2 Not complete Marked out of 2.00 P Flag question Preparing the Intangible Assets...

Finance
1.2K views

On January 1, Bloom Star Inc. had 611,000 common shares outstanding. The company issued an...

Finance
1.2K views

Underpricing with Initial Public Offerings (IPOs) Multiple Choice A) only occurs in the U.S. B)...