Spates, Inc., manufactures and sells two products: Product H2 and Product E0. Data concerning the...
90.2K
Verified Solution
Question
Accounting
Spates, Inc., manufactures and sells two products: Product H2 and Product E0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product H2 260 7.6 1,976 Product E0 260 6.6 1,716 Total direct labor-hours 3,692
The companys expected total manufacturing overhead is $274,468.
If the company allocates all of its overhead based on direct labor-hours, the overhead assigned to each unit of Product H2 would be closest to: (Round your intermediate calculations to 2 decimal places.)
Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:
Activity Cost Pools Activity Rate Setting up batches $ 80.00 per batch Processing customer orders $ 71.73 per customer order Assembling products $ 7.31 per assembly hour
Data concerning two products appear below:
Product V91Z Product V21I Number of batches 70 13 Number of customer orders 21 10 Number of assembly hours 493 698
How much overhead cost would be assigned to Product V91Z using the activity-based costing system? (Round your intermediate calculations to 2 decimal places.)
Gelinas, Inc., manufactures and sells two products: Product S5 and Product L3. Expected production of Product S5 is 500 units and of Product L3 is 700 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product S5 Product L3 Total Labor-related DLHs $ 286,741 3,500 5,600 9,100 Production orders orders 40,384 300 500 800 Order size MHs 463,730 4,000 3,900 7,900 $ 790,855
The overhead applied to each unit of Product L3 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product A6 Product I5 Total Labor-related DLHs $ 191,138 8,200 2,800 11,000 Production orders orders 44,624 900 1,100 2,000 Order size MHs 183,147 5,600 5,700 11,300 $ 418,909
The activity rate for the Order Size activity cost pool under activity-based costing is closest to:
Spates, Inc., manufactures and sells two products: Product H2 and Product E0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production | Direct Labor-Hours Per Unit | Total Direct Labor-Hours | |
Product H2 | 260 | 7.6 | 1,976 |
Product E0 | 260 | 6.6 | 1,716 |
Total direct labor-hours | 3,692 | ||
|
The companys expected total manufacturing overhead is $274,468.
If the company allocates all of its overhead based on direct labor-hours, the overhead assigned to each unit of Product H2 would be closest to: (Round your intermediate calculations to 2 decimal places.)
Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:
Activity Cost Pools | Activity Rate | ||
Setting up batches | $ | 80.00 | per batch |
Processing customer orders | $ | 71.73 | per customer order |
Assembling products | $ | 7.31 | per assembly hour |
|
Data concerning two products appear below:
Product V91Z | Product V21I | |
Number of batches | 70 | 13 |
Number of customer orders | 21 | 10 |
Number of assembly hours | 493 | 698 |
|
How much overhead cost would be assigned to Product V91Z using the activity-based costing system? (Round your intermediate calculations to 2 decimal places.)
Gelinas, Inc., manufactures and sells two products: Product S5 and Product L3. Expected production of Product S5 is 500 units and of Product L3 is 700 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated | Expected Activity | |||||
Activity Cost Pools | Activity Measures | Overhead Cost | Product S5 | Product L3 | Total | |
Labor-related | DLHs | $ | 286,741 | 3,500 | 5,600 | 9,100 |
Production orders | orders | 40,384 | 300 | 500 | 800 | |
Order size | MHs | 463,730 | 4,000 | 3,900 | 7,900 | |
$ | 790,855 | |||||
|
The overhead applied to each unit of Product L3 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated | Expected Activity | |||||
Activity Cost Pools | Activity Measures | Overhead Cost | Product A6 | Product I5 | Total | |
Labor-related | DLHs | $ | 191,138 | 8,200 | 2,800 | 11,000 |
Production orders | orders | 44,624 | 900 | 1,100 | 2,000 | |
Order size | MHs | 183,147 | 5,600 | 5,700 | 11,300 | |
$ | 418,909 | |||||
|
The activity rate for the Order Size activity cost pool under activity-based costing is closest to:
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
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.