o E4-23A (similar to) Question Heip Westley Pharmacy, part of a large chain of pharmacies, fills a variety of prescriptions for customers.The complexily of prescriptions filled by Westley varies widely, pharmacists can spend between five minutes and sx hours on a prescription order. Traditionaly, the pharmacy has allocated its overhead based on The clerk for Wesbey has gathered the following information rogarding two recent the number of prescriptions. The pharmacy chain's controller is exploring whether activity-based costing (ABC) may better allocate, the pharmacy overhead oosts to (Clck the ioon to view the phammacy order data ) pharmacy onders The controller has gathered the following information: E(Click the loon to view the expected usage and costs) phamacy orders Read the euirements Requirement 1.What is the traditional overhead rate based on the number of presoriptions? First idently the formula used to compute the traditional overhead rate, then compute the rate. (Round your answer to the nearest cent. Abbreviations used: ost Traditional overhead rate Choose from any drop-dowm st and then click Check Answer Clear Al Check Answer To see what to study next,go to your Study Plan 3 4 5 imilar to) Question macy, part of a large chain of pharmacies, fills a variety of for customers. The complexdity of prescriptions illed by Westley The controller has gathered the following information: Click the icon to view the expected usage and costs.) Data Table Data Table Total Annual Estimated Cost Driver Activity Total Annual Cost Pools Pharmacy occupancy costs (utilities, rent, and other costs) Packaging supplies (bottles, bags, and other Estimated Cost Cost Driver Technician hours . 75,000 75,000 Number of prescriptions 25,000 30,000 80,000 Pharmacist hours 185,000 Professional training and insurance costs Total phamacy overhead 20,000 Print Done om any drop-down list and then click Check Answer aining To see what to study next, go to your Study Plan. Clear Al Check Answer FS FVO pharmacies, I large chain of fills a variety of t a The controller has gathered the following information: s. The complexity of prescriptions filled by Westley EE Click the icon to view the expected usage and costs s can spend between five minutes and six hours on a nally, the pharmaoy has allocated its overhead based on The clerk for Westley has gathered the following informat s. The pharmacy chain's controller is exploring whether pharmacy orders: C) may better allocate the pharmaoy overthead costs toClick the icon to view the pharmaoy order data) Click the icon to view the pharmacy order data.) Data Table Data Table the traditiona used to compu st cent. Abbrevia Customer Order Technician Number of Pharmacist Number Hours 0.5 0.5 Prescriptions Hours 1.0 2.5 1240 1241 Print Done -down list and then click Check Answer Clear All Check Answ to study next, go to your Study Plan. 20 F4 FS ! F7 F8 F9 50f 9 (0 complete) HW Sco to) f a large ch rs. The com s can spen onally, the ns. The pha and costs.) ng information data.) 1. What is the traditional overhead rate based on the number of prescriptions? 2. How much pharmacy overhead would be allocated to customer order number 1240 if traditional overhead allocation based on the number of prescriptions is used? the tradition number 1241 if traditional overhead allocation based on the number of prescriptions is used? What are the following cost pool allocation rates: a. Pharmacy occupancy costs b. Packaging supplies c. Professional training and insurance costs How much would be allocated to customer order number 1240 if activity-based costing (ABC) is used to allocate the pharmacy overhead costs? How much would be allocated to customer order number 1241 if activity-based costing (ABC) is used to allocate the pharmacy overhead costs? Which allocation method (traditional or activity-based costing) would produce a more accurate product cost? Explain your answer used to com ent. Abbreviation 4. 5. 6. 7. Print Done -down list an Clear All Check Answe t to study next, go to your Study Plan, 20 nw score: 0%. 0 of 1 Question Help E4-25A (similar to) production process, Zeke Corporation hired a The number of parts is now a fesible allocation base because Zoke recenty Several years after reengineering its new controller, Denise French. installed a plantwide computer systom. Zeke produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows (Click the lcon to view additional information) (Click the lcon to view the addtional data) Requirement 1.Compute the total budgeted manufacturing overhead o (Cick the ion to view te additional data) For the upcoming year, Zoke's budgeted ABC manudfacturing overhead allocation rates are as folows: Read the resvinsments cost for the upcoming year (Enter the rates to two decimal places.) Zeke Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Cost Allocation Base Allocation Rate Total Budgeted Indirect Cost Materials handing Machine sebups Insersion of parts Finishing Total budgeted indinect cost Enter any number in the edit fleids and then click Check Answer Clear All Check Arswer remaining To see what to study next, go to your Study Plan. 8,4 80 3 4 The number of parts is now a feasible allocation base becaus installed a plantwide computer system. Zeke produces twovw Standard and Deluxe. Budgeted data for the upcoming yeara its production process, Zeke Corporation hired a onal information.) udgeted ABC manufacturing overhead allocation dditiona Data Table B (Click the icon to view the additional data.) places.) tal bud Activity Cost Allocation Rate S 4.50 per part s 325.00 per setup $ 31.00 per part Finishing direct labor hours $ 61.00 per hour udgete Budget Materials handling Cost AlMachine setup... Activity Allocation Base Number of parts Number of setups Insertion of parts..Number of parts Finishing Print Done fields and then click Check Answer Clear All Check Answe udy next, go to your Study Plan. s production process, Zeke Corporation hired a The number of parts is now a feasible allocation base be al information.) geted ABC manufacturing overhead allocation itional Data Table installed a plantwide computer system. Zeke produces t Standard and Deluxe. Budgeted data for the upcoming y (Click the icon to view the additional data.) Data Table al budget imal places.) Standard Deluxe eted In Parts per wheel dge udgeted ost Allod 4.0 20.0 1.0 2.7 6.0 20.0 3.0 3.8 Setups per 1,000 wheels Finishing direct labor hours per wheel..... Total direct labor hours per wheel The company's managers expect to produce 1,000 units of each model during the year Print Done elds and then click Check Answer Clear All Check A y next, go to your Study Plan 20 ering its production process, Zeke Corporation hired a The number of parts is now a feasible allocation base b installed a plantwide computer system. Zeke producest Standard and Deluxe. Budgeted data for the upcoming (click the icon to view the additional data.) h. dditional information.) e's budgeted ABC manufacturing overhead allocation he additional data.) Read the Requirements Requirements the tal 1.Compute the total budgeted manufacturing overhead cost for the upcoming year. 2.Compute the manufacturing overhead cost per wheel of each model using ABO. 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Print Done ost e edit fields and then click Check Answer Clear All Check A t to study next, go to your Study Plan. F4 FS F7 FR