Lynwood, Incorporated, produces two products (Product A and Product X) using two activities: Machining, which...
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Accounting
Lynwood, Incorporated, produces two products (Product A and Product X) using two activities: Machining, which uses machine hours as a the cost driver, and Inspection, which uses the number of batches as the cost driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $520 per batch. The products have the following activity demands:
Product A
Product X
Total
Machine hours
1,300
3,900
5,200
Number of batches
55
24
79
What is the amount of Machining cost assigned to Product A?
Multiple Choice
$702,000
$676,000
$28,600
$234,000
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