Answer:
3,078.9
Explanation:
Given that,
customer orders $102.35 per customer order
Assembling products $2.65 per assembly hour
Setting up batches $54.31 per batch
Total cost:
= Customer order + Assembly hour + Batch
= [102.35 × 4] + [2.65 × 495] + [54.31 × 25]
= 409.4 + 1,311.75 + 1,357.75
= 3,078.9
Therefore, the overhead cost that would be assigned to Product F76D using the activity-based costing system is 3,078.9.
Answer:
Dr Depletion expense 66,640
Cr Accumulated depletion 66,640
Explanation:
Coronado Corporation
Journal entry
Dr Depletion expense 66,640
Cr Accumulated depletion 66,640
Total Cost = $448,000+$112,000 =
$ 560,000
Depletion per ton
= ($560,000-$179,200)/4,480
= 85 per ton
Depletion first year = 784*85 = 66,640
Answer:
$3.68 per bag for bagels; $1.30 per package for cream cheese
Explanation:
In this question we have to assume the things
Like Baggles be X
And. the cream cheese be Y
So, there are two equations which are presented below:
2X + 3Y = $11.25
5X + 2Y = $21
To find out the X and Y value we have to equate the both equations. So, we multiplied by 5 and multiplied by 2 in equation 1 and 2
So, the updated equation would be
10X + 15Y = $56.25
10X + 4Y = $42
Now subtract it, so the value would be
11Y = $14.25
Y = $1.30 per bag
Now put this Y value in any equation
2X + 3Y = $11.25
2X + 3 × $1.30 = $11.25
2X + $3.9= $11.25
2X = $7.35
X = $3.68 per package
Answer:
Correct answer is B, $2,500
Explanation:
To get profit, First, deduct variable cost from sales for the period to get the contribution margin. Finally, Deduct fixed cost from contibution margin to get the profit for the period.
Computation would be:
Sales (1,000 x 7) $7,000
Less: Variable cost (1,000 x 3) <u>$3,000</u>
Contribution margin $4,000
Less: Fixed cost (1,000 x 1.5) <u>$1,500</u>
Profit $2,500
*<em>It can also be done by deducting variable cost from the selling price to get the unit contribution margin then deduct the fixed cost from the unit contribution margin and from it multiply the output sold to get the profit.</em>
