Below is the bill of material for a skate board. Indented BOM-Skate Board Plannin Part Description Board Level 1 Wheels 1 Axles
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- View Policies Current Attempt in Progress E-Flix rents DVDS that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the videos to its customers. Information on those activities for the month of July follows: Estimated Expected Use of Cost Drivers Cost Pools Cost Drivers Overhead Cost Order taking costs Number of orders $20,592 187,200 orders Technology support Number of minutes $11,700 234,000 minutes Picking and shipping Number of DVDS $39,624 330,200 DVDS costs During July, the Tucker family placed 17 orders consisting of 21 DVDs. Tucker required 7 minutes of tech support. Customers pay $9.00 per month to rent unlimited DVDS. Using ABC, how much overhead is applied to the Tucker family account for order taking costs? O $4.74 O $2.52 O $1.871 O $6.45 Submit Answer Save for Later Attempts: 0 of 1 used 2:27 PM 10/13/20 eNOWV2 | Online teach x + O SOFTWARE UPDATE eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress%3false macOS Big Sur 11.3.1 is available and will be in later tonight. O eBook Show Me How E Print Item Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,167,450, divided into four activities: fabrication, $507,000; assembly, $210,000; setup, $245,700; and inspection, $204,750. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 9,750 dlh 31,500 dlh 70 setups 122 inspections Bass boat 29,250 10,500 515 853 39,000 dlh 42,000 dlh 585 setups 975 inspections Each product is budgeted for 5,500 units of production for the year. a. Determine the activity rates for each activity. Fabrication $ per direct labor hour Assembly 5 V per…y Questions | bartleby How many units must be in... My Home CengageNOWv2| Online te... eBook Show Me How Pant Risers manufactures bands for self-dressing assistive devices for mobility-impaired individuals. Manufacturing is a one-step process where the bands are cut and sewn. This is the information related to this year's production: Units to Account For Units Materials Conversion Beginning work in process inventory 600 600 250 Started 21,400 Total units to accounted for 22,000 Ending inventory was 100% complete as to materials and 70% complete as to conversion, and the total materials cost is $59,840 and the total conversion cost is $37,648. Using the weighted-average method, what are the unit costs if the company transferred out 18,000 units? If required, round final answers to two decimal places. Cost per unit Materials %24 Conversion $ Using the weighted-average method, what is the value of the inventory transferred out and the value of the ending WIP inventory? Inventory…
- word Table Tools File Home Insert Page Layout References Mailings Review View Design Layout Cut Calibri (Body) - 12 - A Aa E EE- 情 aCopy AaBbCcDx AaBbCcDe AaBbC AaBbCc AaB Paste BIU abe x, x' 1Normal T No Spaci Format Painter Heading 1 Heading 2 Title Clipboard Font Paragraph Styles E19-12 Aikman Corporation has the following cost records for June 2010. Indirect factory labor Direct materials used $ 4,500 20,000 Work in process, 6/1/10 Work in process, 6/30/10 Finished goods, 6/1/10 Finished goods, 6/30/10 Factory utilities Depreciation, factory equipment Direct labor 3,000 3,800 5,000 7,500 400 1,400 30,000 Maintenance, factory equipment Indirect materials 1,800 2,200 3,000 Factory manager's salary Instructions (a) Prepare a cost of goods manufactured schedule for June 2010. (b) Prepare an income statement through gross profit for June 2010 assuming net sales are $87,100.Data table Activity Purchasing Assembling Packaging Allocation Base Number of purchase orders Number of parts Number of finished collars Print Predetermined Overhead Allocation Rate $55.00 per purchase order 0.30 per part 0 22 per collar Donein Course ACCT 3121.2711,ACC apters 9-10 i lucation.com extemap-ir de sim2_com-consexternal browser=0&launchUrl=https": Sales revenue Direct materials Direct labor Overhead costs Administration Production setup Quality control Distribution Operating profit Activity Base Setting up * X Performing quality control Distribution 3 EZ-Seat, Inc., manufactures two types of reclining chairs, Standard and Ergo. Ergo provides support for the body through a complex set of sensors and requires great care in manufacturing to avoid damage to the material and frame. Standard is a conventional recliner, uses standard materials, and is simpler to manufacture. EZ-Seat's results for the last fiscal year are shown in the following statement. Ergo $2,000,000 600,000 400, 000 GwMcGraw Hill Education Campus X EZ-SEAT, INC. Income Statement $ d Standard $5,000,000 1,500,000 500,000 EZ-Seat currently uses labor costs to allocate all overhead, but management is considering implementing an activity-based costing…
- I eBook Show Me How Print Item Pant Risers manufactures bands for self-dressing assistive devices for mobility-impaired individuals. Manufacturing is a one-step process where the bands are cut and sewn. This is the information related to this year's production: Units to ACcount For Units Materials Conversion Beginning work in process inventory 500 500 250 Started 21,500 Total units to accounted for 22,000 Ending inventory was 100% complete as to materials and 60% complete as to conversion, and the total materials cost is $60,720 and the total conversion cost is $37,944. Using the weighted-average method, what are the unit costs if the company transferred out 18,000 units? If required, round final answers to two decimal places. Cost per unit Materials Conversion $ Using the weighted-average method, what is the value of the inventory transferred out and the value of the ending WIP inventory? Inventory transferred out $ Ending WIP inventoryces Mailings Review View Help Picture Format OShapes a SmartArt E Get Add-ins W O Link v Header Icons Chart W Bookmark Footer v Wikipedia Online Comment My Add-ins sa. 3D Models Screenshot v Video LO Cross-reference Page Number v Illustrations Add-ins Media Links Comments Header & Footer Appendix EX 20-27 Equivalent units of production and related costs The charges to Work in Process-Baking Department for a period as well as informa- tion concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process-Baking Department Bal., 900 units, 40% completed 2,466 To Finished Goods, 8,100 units Direct materials, 8,400 units 34,500 Direct labor 16,200 Factory overhead Bal., 1,200 units, 60% completed 8,574gagenown/ilm/takeAssignment/takeAssignmentMain.do?invoker=&ta... A Q eBook Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing Activity Rate $24 per machine hour $13 per direct labor hour $50 per setup $28 per inspection $14 per production order $11 per purchase order The activity-base usage quantities and units produced for each product were as follows: Elliptical Machines Treadmill 1,687 419 53 Activity Base Machine hours Direct labor hours Setups Elliptical Machines Treadmill 4 Product Costs using Activity Rates Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: C 101 Print Item % 15 5 732 $ Inspections Production orders Purchase orders 198 Units produced 286 Use the activity rate…
- O Topic: Week 6: Discu ssion IIl x + a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser-D0& launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F# z- Chapter 6 A Saved Denton Company manufactures and sells a single product. Cost data for the product are given: Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Skipped 2$ 3 12 2 3 $ 20 Fixed costs per month: Fixed manufacturing overhead Fixed selling and administrative $ 96, 000 166, 000 $ 262, 000 Total fixed cost per month The product sells for $45 per unit. Production and sales data for July and August, the first two months of operations, follow: Units Produced 24, 000 24, 000 Units Sold July August 20, 000 28, 000 The company's Accounting Department has prepared the following absorption costing income statements for July and August: Sales Cost of goods sold Gross margin Selling and administrative expenses…V2.cengagenow.com Course Homepage-79574.201940 CengageNOWv2 | Online teaching and learning resource from Cengage Le Calculator Print Item Equivalent Units of Production: Average Cost Method The Converting Department of Tender Soft Tissue Company uses the average cost method and had 3,800 units in work in process that were 70% complete at the beginning of the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. units b. Determine the number of equivalent units of production for the period. unitsdex.html?_con-contexternal browser-08launchUrd-http%253A% User Management,.. https://outlook.off.. 2Haytechccblackboard.com%252 FES Protection Plan work Exercises Seved 2. On June 1, 20X1, the firm bought supplies for $7,750. The $7750 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $3,200 were on hand. 3. On June 1, 20X1, the firm bought equipment costing $67,200. The equipment has an expected useful life of 10 years and no salvage value. The firm will use the straight-line method of depreciation. Prepare end-of-June adjusting entries for Conner Company View transaction list Journal entry worksheet A B Prepare the adjusting entry for prepaid rent. Note: Enter debits before credits. Debit Credit Transaction General Journal 1 Next >
