All categories

4 years ago

Using ABC to compute product costs per unit

Business

1 answer:

Vladimir [108]4 years ago

8 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Activity Allocation Rate Mid–Fi Hi–Fi

Setup $1,700/per setup 39 setups 39 setups

Inspections $ 400/per hour 45 hours 15 hours

Machine maintenance $ 10/per machine 1,900 machine 1,200 machine

First, we need to allocate indirect costs using the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Mid-Fi:

Allocated MOH= 1,700*39 + 400*45 + 10*1,900= $103,300

Hi-Fi:

Allocated MOH= 1,700*39 + 400*15 + 10*1,200= $84,300

Now, we can calculate the unitary cost.

Mid-Fi:

Unitary indirect costs= 103,300/200= $516.5

Unitary cost= 400 + 400 + 516.5= $1,316.5

Hi-Fi:

Unitary indirect cost= 84,300/250= $337.2

Unitary cost= 1,300 + 300 + 337.2= $1,937.2

You might be interested in

_____ refers to agreements among countries in a geographic region to reduce and ultimately remove tariff and nontariff barriers

klasskru [66]

Answer:

Economic integration

Explanation:

Economic integration can be defined as seen in the question can be defined as the agreement between countries to reduce or remove tariff to ensure that goods and services and other things between both countries.

This can simply mean that, when there are countries that import and export goods between each other, there is need for tariffs to be lowered or removed are to ensure that demand/supply of all these goods and services between the 2 countries. This would help to ensure the seamless availability of goods and services in the market.

Cheers.

5 0

4 years ago

Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whitewei

marshall27 [118]

Answer:

Explanation:

According to the wage bracket method used for tax withholding in 2016;

For a married individual and a situation whereby the number of withholding allowances claimed is four, no federal taxes have to be withheld since the salary is $930.

Also, the OASDI insurance rate = 6.2%

∴

The wages Table for Dec 31, 2016 is as follows:

Particulars Calculation Total in $

Gross Pay 930.00

Less:

HSA Contributions 50.00

401(k) deductions 100.00

OASDI tax (930 - 100) × 6.2% 51.46

HI tax as given -

FIT -

Net Pay 728.54

7 0

3 years ago

The situation in which expansionary fiscal policy does not lead to a rise in aggregate output is referred to as

devlian [24]

Answer: The situation in which expansionary fiscal policy does not lead to a rise in aggregate output is referred to as

Select one:

a. Fiscal neutrality.

b. Inflation.

c. Complete crowding out

d. A recession.

Explanation:

3 0

3 years ago

Shannon Hill needed to buy an airline ticket to visit her parents. She went to several websites to compare rates and chose a fli

qaws [65]

Answer:

d. Shopping

Explanation:

Based on the scenario being described within the question it can be said that this flight is an example of a shopping product. This term refers to a product that consumers purchase very rarely, and because of this choose to compare prices between all the available options in the market because they do not know what a regular price range actually is for that product.

3 0

3 years ago

What does the annual percentage rate on a credit card determine?

anyanavicka [17]

This is a trick question. it's technically D.

APR determines the amount of interest you are charged if you do not pay your bill in full each month.

7 0

3 years ago