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2 years ago

Paparo Corporation has provided the following data from its activity-based costing system:

Business

1 answer:

BARSIC [14]2 years ago

8 0

Answer:

Unitary total cost= $123.74

Explanation:

First, we need to calculate the activities rates to allocate costs:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 926,800/56,000= $16.55 per machine-hour

Processing orders= 68,310 / 1,800= $37.95 per order

Inspection= 103,360 / 1,360= $76 per inspection-hour

Now, we can allocate costs based on actual activity:

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

Assembly= 16.55*1,060= 17,543

Processing orders= 37.95*80= 3,036

Inspection= 76*20= 1,520

Total allocated costs= $22,099

Unitary allocated costs= 22,099/700= $31.57

Finally, the unitary total cost:

Unitary total cost= 31.57 + 51 + 41.17

Unitary total cost= $123.74

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That statement is false.

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3 years ago

A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is

Vladimir79 [104]

Full question:

A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is purchased infrequently and with extra effort on the buyer's part is a ____ product.

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B. business

C. Specialty

D. Shopping

E. Convenience

Answer:

Explanation:

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3 years ago

Q1 The following is a description of the conversion cycle of Central Production Limited: The conversion cycle of the company is

Arturiano [62]

Answer:

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Presentation and approval of the system blueprint to stakeholders

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3 years ago

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans? open‑market sale fractional banking re

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Answer:

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?

discount rate

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3 years ago

The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common s

horrorfan [7]

Answer:

Debits of trial balance = Credits of trial balance.

Explanation:

1. Dr Cash 12500

Cr Capital 12500

2.Dr Office supplies 363

Cr Cash 363

3.Dr Office equipment 6913

Cr Accounts payable 6913

4. Dr Cash 1475

Cr Service revenue 1475

5. Dr Accounts payable 6913

Cr Cash 6913

6. Dr Account receivable 2650

Cr Service revenue 2650

7. Dr Rent expense 520

Cr Cash 520

8. Dr Cash 1113

Cr Account receivable 1113

9.a) Dr Retained Earning 1100

Cr Dividend payable 1100

b) Dr Dividend payable 1100

Cr Cash 1100

Ledgers:

Cash=12500-363+1475-6913-520+1113-1100= Dr 6192

Office Supplies = Dr 363

Office equipment = Dr 6913

Capital = Cr 12500

Accounts payable = 6913-6913=0

Service revenue = 1475+2650= Cr 4125

Rent expense = Dr 520

Account receivable = 2650-1113= Dr 1537

Retained earning = Dr 1100

Dividend payable =1100-1100=0

Trial Balance

_Dr________________________________________Cr_____

6192 cash ----- 12500 Capital

363 Office supplies ----- 4125 Service revenue

6913 Office equipment -----

520 Rent expense ------

1537 Account receivable

1100 Retained earning

Total = 16625 ------ Total = 16625

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3 years ago