Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity based costing

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity based costing

Post by answerhappygod »

Doede Corporation Uses Activity Based Costing To Compute Product Margins In The First Stage The Activity Based Costing 1
Doede Corporation Uses Activity Based Costing To Compute Product Margins In The First Stage The Activity Based Costing 1 (27.47 KiB) Viewed 89 times
Doede Corporation Uses Activity Based Costing To Compute Product Margins In The First Stage The Activity Based Costing 2
Doede Corporation Uses Activity Based Costing To Compute Product Margins In The First Stage The Activity Based Costing 2 (20.88 KiB) Viewed 89 times
Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity based costing system allocates two overhead accounts-equipment depreciation and supervisory expense-to three activity cost pools-Machining, Order Filing, and Other-based on resource consumption. Data to perform these alocations appear below Overhead costar Equipment depreciation 5 Supervisory expense $ 28,000 $14,100 Distribution of Resource Consumption Across Activity Cost Pools Activity Cost Pools Machining Order Filling Other Equipment depreciation 0.50 0.50 0.30 0.20 Supervisory expense 0.20 0.30 in the second stage, Machining costs are assigned to products using machine-hours (Ms) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products Activity Orders (Order Filling) Mis (Machining) Product Wi 5,750 177 Product MO 21,600 960 Total 27,350 1,137 Finally, sales and direct cost data are combined with Machining and Order Filing costs to determine product margins. Sales and Direct Cost Data Product MI Product HD Sales (total) Direct materials (total) $ 63,800 $31,500 $19,300 $65,200 $16,100 $ 31,300 Direct labor (total) What is the overhead cost assigned to Product Wt under activity-based costing? (Round your intermediate calculations to 2 decimal places and your final answer to nearest whole dollar amount.)
7 00:34:00 Sene Help Save & E Product MO 21,600 960 Total 27,350 1,137 Finally, sales and direct cost data are combined with Machining and Order Filing costs to determine product margins Sales and Direct Cost Data Product MO Sales (total) Product M $63,800 Direct materials (total) $ 65,200 $ 16,100 $ 31,500 Direct labor (total) $ 19,300 $ 31,300 What is the overhead cost assigned to Product Wt under activity-based costing? (Round your intermediate calculations to 2 decimal places and your final answer to nearest whole dollar amount) Multiple Choice O O O $21050 $1,747 $6.374 $4,428
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply