Business, 06.05.2020 06:57 malikbryant2002
Astra Inc. manufactures widgets and gadgets. Astra expect to manufacture 300 widgets and 800 gadgets. Widgets require 5 direct labor-hours per unit, and gadgets require 2 direct labor-hours (DLH) per unit. Astra currently applies overhead using traditional costing using direct labor hours as the cost driver. Total estimated overhead is $426,000. However, they are now considering switching to activity-based costing (ABC) with the following cost pools, activity measures and expected activity. Labor related cost pool with estimated overhead of $280,000 to be applied using DLHs. Order size cost pool with estimated overhead of $146,000 to be applied using machine hours (MHs). They expect to use 5,100 MHs for widgets and 3,900 MHs for gadgets. Which of the following statements concerning Widgets is true? (Round intermediate calculations to 2 decimal places.) Group of answer choices
The unit product cost under traditional costing is greater than its unit product costing under ABC by approximately $15.11.
The unit product cost under traditional costing is greater than its unit product costing under ABC by approximately $24.59.
The unit product cost under traditional costing is less than its unit product costing under ABC by approximately $40.29.
The unit product cost under traditional costing is less than its unit product costing under ABC by $19.21.
The unit product cost under traditional costing is greater than its unit product costing under ABC by $19.21.
Answers: 3
Business, 22.06.2019 02:30
Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during marchΓ’β¬βjob p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the companyΓ’β¬β’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next
Answers: 2
Business, 22.06.2019 11:00
Acoase solution to a problem of externality ensures that a socially efficient outcome is to
Answers: 2
Business, 22.06.2019 15:40
As sales exceed the breakβeven point, a high contributionβmargin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
Business, 22.06.2019 20:30
What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.
Answers: 1
Astra Inc. manufactures widgets and gadgets. Astra expect to manufacture 300 widgets and 800 gadgets...
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