1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elden [556K]
2 years ago
15

Channing Corporation makes two products (A1 and B2) that require direct materials, direct labor, and overhead. The following dat

a refer to operations expected for next month. A1 B2 Total Revenue $ 170,000 $ 510,000 $ 680,000 Direct material 65,000 130,000 195,000 Direct labor 54,000 128,250 182,250 Overhead: Direct-material related 42,900 Direct-labor related 40,095 Required: Channing uses a two-stage cost allocation system, It uses direct-material costs to allocate direct-materials related overhead and direct-labor costs to allocate direct-labor related overhead costs. a. Compute the direct-material related overhead rate for next month. b. Compute the direct-labor related overhead rate for next month. c. What is the total overhead allocated to product A1 next month
Business
1 answer:
castortr0y [4]2 years ago
8 0

Answer:

Channing Corporation

a. The direct-material related overhead rate = $0.22

b. The direct-labor related overhead rate = $0.22

c. The total overhead allocated to product A1 next month = $26,100

Explanation:

a) Data and Calculations:

Products                          A1             B2     Total

Total Revenue      $ 170,000 $ 510,000   $ 680,000

Direct material           65,000   130,000        195,000

Direct labor                54,000   128,250        182,250

Overhead:

Direct-material related                                   42,900

Direct-labor related                                        40,095

Total overhead                                             $82,995

a. Direct-material related overhead rate:

Overhead = $42,900

Total direct materials costs = $195,000

Overhead rate = $42,900/$195,000 = $0.22

b. Direct-labor related overhead rate:

Overhead = $40,095

Total direct labor costs = $182,250

Overhead rate = $40,095/$182,250 = $0.22

c. Total overhead allocated to product A1:

Direct materials related overhead = $14,300 ($0.22 * $65,000)

Direct labor related overhead =           11,800 ($0.22 * $54,000)

Total overhead allocated =               $26,100

You might be interested in
Indicate whether it would appear on the statement of cash flows as a(n)? operating activity, investing activity, or financing ac
nikitadnepr [17]

Indicate whether it would appear on the statement of cash flows as operating activities.

There are three types of cash flow: operating cash flow, investment cash flow, and financial cash flow. Operating cash flow is generated from the company's normal operating activities. This includes cash proceeds from sales, cash outlays on goods sold (COGS), and other operating expenses such as overheads and salaries.

Investing cash flows include amounts spent to purchase securities intended to be held as investments, such as securities. B. Stocks or bonds of other companies or the Treasury. Inflows are generated by interest and dividends paid on these holdings.

Learn more about cash flows at

brainly.com/question/735261

#SPJ4

7 0
1 year ago
Why are junk bonds more popular during a bear market?
Dominik [7]
Many times junk bonds are a high risk bond, but are also a high return. They are more popular during a bear market for this reason only. Sine they have a high return it compensates for the high risk. The junk bonds can also help a persons personal portfolio. Junk bonds also issues with a 10 year term or less. A bear market is when there is a steady drop or stagnation in the market over a period of time. 
6 0
3 years ago
Read 2 more answers
A recession is____.<br> Consecutive periods of deflation<br> Apex Financial Literacy
Anni [7]

A recession is when the inflation rate is low.. prices are falling dramatically in the market

4 0
3 years ago
Read 2 more answers
Another term for "food poisoning" is?
disa [49]

Answer:

botulism. salmonella.

Explanation:

7 0
2 years ago
Read 2 more answers
Assuming that a marketing research study will answer important questions and reduce uncertainty associated with the proposed pro
scoray [572]

Answer:

The correct answer is C. Is top management committed to the study?

Explanation:

Market research is the process that includes the actions of identification, collection, analysis and dissemination of information with the purpose of improving marketing decision making. Its implementation occurs basically for two reasons:

1. to solve problems, for example, determine the potential of a market.

2. to identify problems, for example, to know why a product does not have the expected consumption. In essence, it seeks to meet the customer thus complying with the first premise of marketing.

That is why managers and researchers continually focus on the search for those practices that will allow them to improve the organization and direction of their processes and therefore increase their likelihood of success.

7 0
3 years ago
Other questions:
  • An example of an individual financial coi is:
    10·1 answer
  • Unemployment rates have been higher in many european countries in recent decades than in the united states. is the main reason f
    5·1 answer
  • A primary characteristic that distinguishes governments from businesses is a) The need to generate revenues equal to or in exces
    9·1 answer
  • The partial worksheet for the Jamison Company showed the following data on October 31, 2019. Income Balance Statement SheetAccou
    10·1 answer
  • Rianne has to choose between returning to graduate school to pursue her love of philosophy or going to work for a bank in town.
    11·1 answer
  • _______ segmentation is used when the firm can identify a group of consumers with common needs and wants that spans the entire g
    15·1 answer
  • Oxidants such as hydrogen peroxide have the ability to release?
    8·1 answer
  • Thế nào là toàn cầu hóa thị trường, toàn cầu hóa sản xuất?
    10·2 answers
  • n Office Manager uses a Periodic Review Inventory System: they check the inventory in their Office Supply Closet once every 10 d
    12·1 answer
  • Case Study: Melanie’s Breakeven Analysis Melanie is considering opening a not-for-profit child care and education center and wan
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!