Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. magnolia company has identified seven activities a

Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding...

90.2K

Verified Solution

Question

Accounting

image
Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists the total cost of each activity, the amount of activity driver used for each of Magnolia's two products, the activity rate, and the activity cost assigned to each product Fill in the blanks below: Driver Usage Activity Cost:Prod.1 Cost:Prod. 2 Activity ActivityCostActivity Driver Prod.1 Prod. 2 Activity Rate Design Preparation 25,160 Labor hours 3,200 Machining$139,590 Machine hours Finishing Inspection Packaging Shipping 13,755 Packages 57,500 Design time 920 1,380 hour hour12,800 $44,280 Batches Units Orders 27 | hour 46 /batch 13 /unit 204320S 8,450$ 13,260 51$312 order $ 13,416 package 86 4,725

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

DIRECTIONS: Summarize these notes The Current Ratio measures a firm’s ability to pay off its short-term obligations....

General Management
1.2K views

You have just been hired to manage internal resources for a business that makes use of...

Basic Math
1.2K views

Pietro is planning a patio using paving stones that are circles, semicircles, and quarter-circles. All...

Algebra
1.2K views

ne x coordinate of the point of maximum curvature call it xo on the curve...

Algebra
1.2K views

Convert the angle to degrees minutes and seconds form 60 24 60 24

Accounting
1.2K views

Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit...

Accounting
1.2K views

(5) Fred is the sole shareholder of an S corporation in Fort Deposit, Alabama. At...

Accounting
1.2K views

Please answer all. They are all based on the graph. I will like, thank you!...

Accounting
1.2K views

Exercise 12-16 Identification of Relevant Costs (LO12-1) Bill has just returned from a duck hunting...

Accounting
1.2K views

Required: Determine separately Ken's income for tax purposes for 2023 from employment, business, and...

Finance
1.2K views

You purchased 1,000 shares of Williams Inc. common stock one year ago for $60 per...

Finance
1.2K views

Calculate the Yield to Maturity (YTM) for Intel's following bond Issue. This is ...