S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead
Posted: Fri Jul 01, 2022 8:29 am
Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system. Activity Cost Pool Assembling. Total Cost Job Support... Customer support...... Other. $101248 $32107 $5951 $102276 Total Activity 16123 machine hours 1874 jobs 373 clients Not applicable The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Volley Inc., requested 35 jobs during the year for a total of 104 units, requiring a total of 196 machine hours. Each unit requires $0.00 in direct materials and $1.00 in direct labor. The customer was charged $2298 for these jobs. Using ABC, compute the overhead cost charged to Volley Inc. Round ONLY your final answer to 2 decimal places. Do not round intermediate calculations. Enter your answer as a positive number.
S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data regarding its indirect costs from its activity-based costing system. Activity Cost Pool Assembling. Job Support.. Total Cost Customer support...... Other.. $103334 $32003 $5135 $108937 Total Activity 16282 machine hours. 1883 jobs 326 clients Not applicable The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Volley Inc., requested 32 jobs during the year for a total of 120 units, requiring a total of 196 machine hours. Each unit requires $0.00 in direct materials and $1.00 in direct labor. The customer was charged $2273 for these jobs. Compute the customer margin for Volley Inc. if they used traditional costing instead of ABC on the basis of machine hours. Round ONLY your final answer to 2 decimal places. Do not round intermediate calculations. Enter a positive or negative number based on your results. HINT: to compute the total predetermined application rate for traditional costing, divide the total of the indirect costs by the total activity base.
S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system. Activity Cost Pool Assembling. Job Support... Customer support...... Other... Total Cost $109809 $32841 $5986 $107341 Total Activity 16816 machine hours 1861 jobs 338 clients Not applicable The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Volley Inc., requested 36 jobs during the year for a total of 193 units, requiring a total of 197 machine hours. Each unit requires $0 in direct materials and $1 in direct labor. The customer was charged $2253 for these jobs. Using ABC, compute the cost for S Corp. to produce one unit for Volley Inc. Round ONLY your final answer to 2 decimal places. Do not round intermediate calculations. Enter as a positive number.
K Corporation's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. The activity rate for Fabricating is $0.88 per machine hours; the activity rate for Setting Up is $5.83 per batch. The following table shows the machine-hours and number of batches associated with each of the company's two products: Machine hours 2318 7758 Batches 720 Gizmos Widgets 1314 Determine the amount of overhead cost that would be assigned to product widget using activity-based costing. Enter as a positive number.
S S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data regarding its indirect costs from its activity-based costing system. Activity Cost Pool Assembling. Job Support.. Total Cost Customer support...... Other.. $103334 $32003 $5135 $108937 Total Activity 16282 machine hours. 1883 jobs 326 clients Not applicable The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Volley Inc., requested 32 jobs during the year for a total of 120 units, requiring a total of 196 machine hours. Each unit requires $0.00 in direct materials and $1.00 in direct labor. The customer was charged $2273 for these jobs. Compute the customer margin for Volley Inc. if they used traditional costing instead of ABC on the basis of machine hours. Round ONLY your final answer to 2 decimal places. Do not round intermediate calculations. Enter a positive or negative number based on your results. HINT: to compute the total predetermined application rate for traditional costing, divide the total of the indirect costs by the total activity base.
S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system. Activity Cost Pool Assembling. Job Support... Customer support...... Other... Total Cost $109809 $32841 $5986 $107341 Total Activity 16816 machine hours 1861 jobs 338 clients Not applicable The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Volley Inc., requested 36 jobs during the year for a total of 193 units, requiring a total of 197 machine hours. Each unit requires $0 in direct materials and $1 in direct labor. The customer was charged $2253 for these jobs. Using ABC, compute the cost for S Corp. to produce one unit for Volley Inc. Round ONLY your final answer to 2 decimal places. Do not round intermediate calculations. Enter as a positive number.
K Corporation's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. The activity rate for Fabricating is $0.88 per machine hours; the activity rate for Setting Up is $5.83 per batch. The following table shows the machine-hours and number of batches associated with each of the company's two products: Machine hours 2318 7758 Batches 720 Gizmos Widgets 1314 Determine the amount of overhead cost that would be assigned to product widget using activity-based costing. Enter as a positive number.