Business, 25.06.2019 10:20 OGrant18075

Mirabile corporation uses activity-based costing to compute product margins. overhead costs have already been allocated to the company's three activity cost pools--processing, supervising, and other. the costs in those activity cost pools appear below: processing $ 5,265supervising $ 34,340other $ 11,100processing costs are assigned to products using machine-hours (mhs) and supervising costs are assigned to products using the number of batches. the costs in the other activity cost pool are not assigned to products. activity data appear below: mhs (processing) batches (supervising)product m0 12,800 850product m5 700 850total 13,500 1,700finally, sales and direct cost data are combined with processing and supervising costs to determine product margins. product m0 product m5sales (total) $ 81,200 $ 93,400direct materials (total) $ 29,200 $ 32,100direct labor (total) $ 28,500 $ 42,400the activity rate for the supervising activity cost pool under activity-based costing is closest to:

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 12:20

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

Answers: 1

Answer

Business, 22.06.2019 13:40

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Answers: 1

Answer

Business, 22.06.2019 17:00

Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?

Answers: 2

Answer

Business, 22.06.2019 22:00

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?

Answers: 3

Answer

You know the right answer?

Mirabile corporation uses activity-based costing to compute product margins. overhead costs have alr...

Questions