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Sever21 [200]
3 years ago
6

Cassidy Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products us

ing a predetermined overhead rate based on direct labor-hours (DLHs).
The company has two products, VIP and Kommander, about which it has provided the following data:

VIP Kommander
Direct materials per unit $27.50 $62.10
Direct labor per unit $15.60 $52.00
Direct labor-hours per unit 0.60 2.00
Annual production 40,000 15,000
The company's estimated total manufacturing overhead for the year is $2,449,440 and the company's estimated total direct labor-hours for the year is 54,000.

The company is considering using a variation of activity-based costing to determine its unit product costs for external reports.

Data for this proposed activity-based costing system appear below:

Activities and Activity Measures

Estimated Overhead Cost:
Assembling products (DLHs) $918,000
Preparing batches (batches) 397,440
Product support (product variations) 1,134,000
Total $2,449,440

Expected Activity VIP Kommander Total
DLHs 24,000 30,000 54,000
Batches 1,458 1,026 2,484
Product variations 2,592 1,188 3,780

Unit overhead cost of Product Kommander under the activity-based costing system is closest to:

A. $204.82.
B. $68.70.
C. $182.80.
D. $114.10.
Business
1 answer:
Studentka2010 [4]3 years ago
6 0

Answer:

Answer is option B $68.70

Total overhead costs

Assembling products (918000/54000)*3000.......510,000

Preparing batches (397440/2484)*1026.............164160

Product support (1134000/3780)*1188.............. 356400

Total overhead costs............................................ 1030560

Unit overhead cost = total overhead costs / number of units = 1030560/15000 = 68.70

Explanation:

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3 years ago
Concord Corporation reported net income of $177,200 for 2017. Concord Corporation also reported depreciation expense of $35,230
klio [65]

Answer

Net income 177,200

+35230 depreciation

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217,350 adjusted net income (a)

↑↓

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<u />

<u>Cash Flow generated from operating activities 216,220</u>

<u />

Explanation:

(a) we must remove the non-monetary account from the income statement

This means add the non-monetary expenses and losses

Subtract the non monetary revenue and gains

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Whiel increase in liabilities are positive, because the company receive aah or delay the payment of cash.

4 0
3 years ago
Some large hardware stores, such as Home Depot, boast of carrying as many as 20,000 different products in each store. This volum
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Answer:

C. The choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding what to produce to maximize profits.

Explanation:

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market value = $70.75 million

7 0
2 years ago
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