subject
Business, 30.09.2019 21:20 CHEVYWADDELL

Requirement 1. compute the total budgeted manufacturing overhead cost for the upcoming year. (enter the rates to two decimal places.) zippy corporation total budgeted indirect manufacturing costs budgeted quantity of activity cost total budgeted activity cost allocation base allocation rate indirect cost materials handling 18,000 $4.00 $72,000 machine setups 40 375.00 15,000 insertion of parts 18,000 28.00 504,000 finishing 5,500 54.00 297,000 total budgeted indirect cost $888,000 requirement 2. compute the manufacturing overhead cost per wheel of each model using abc. (round the cost allocation base to three decimals and cost per wheel to the nearest cent.) zippy corporation abc indirect manufacturing cost per unit cost quantity of cost allocation allocated activity activity allocation rate base used by: cost per wheel standard deluxe standard deluxe materials handling $4.00 8 10 $32.00 $40.00 machine setup 375.00 .5 .5 187.5 187.5 insertion of parts 28.00 8 10 224.00 280.00 finishing 54.00 2.0 3.5 108.00 189.00 total abc allocated indirect cost 1114 1259

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:00
Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with โ€œincome before income taxes.โ€ (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.
Answers: 1
question
Business, 22.06.2019 08:30
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
question
Business, 22.06.2019 17:00
Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting
Answers: 3
question
Business, 22.06.2019 19:30
Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:
Answers: 1
You know the right answer?
Requirement 1. compute the total budgeted manufacturing overhead cost for the upcoming year. (enter...
Questions
question
Social Studies, 27.08.2019 01:00
question
Mathematics, 27.08.2019 01:00
Questions on the website: 13722363