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
grin007 [14]
3 years ago
8

Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses ma

chine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $540 per batch. Usage of the activity drivers are as follows:
Product A Product X Total
Machine hours 1,400 3,100 4,500
Number of batches 47 18 65
What is the amount of Machining cost assigned to Product X?
a. $558,000
b. $756,000
c. $25,380
d. $252,000
Business
1 answer:
kakasveta [241]3 years ago
4 0

Answer:

a. $558,000

Explanation:

The computation of the machine cost assigned to product X is given below:

= Machine hours  × Activity rate per machine hour

= 3,100 × $180

= $558,000

By multiplying the machine hours with the activity rate per machine hour we can get the amount of machining cost that assigned to product X

hence the correct option is a.

You might be interested in
Money that can be easily divided into smaller units of value has the characteristics of
Anna007 [38]
A) Divisibility can easily be divided into smaller value.
8 0
3 years ago
Read 2 more answers
What is a career cluster
Nuetrik [128]

A group of careers that share common features.

4 0
3 years ago
Read 2 more answers
Why should you spend a large amount of time thinking about a big decision before you make it? need asap
Liula [17]

<u><em>You should spend a large amount of time thinking about a big decision before you make it because it could have a huge impact in your life. You need to be able to decide if it is the right or wrong choice or if there is any consequences.</em></u>

4 0
3 years ago
Read 2 more answers
Wiley company purchased new equipment for $60,000. wiley paid cash for the equipment. other costs associated with the equipment
Colt1911 [192]
The total cost of equipment that should be recorded is calculated by adding up all the given values in this item. The costs include equipment cost, transportation cost, tax, and installation cost. Adding up all the values,

     TC = ($60,000) + ($1,000) + ($3,000) + ($2,500)
               TC = $66,500

ANSWER: TC = $66,500
6 0
3 years ago
The budget for the City of Goodville for the year ending December 31 was adopted and recorded on January 2 of the same year. Aft
scoray [572]

Answer:

See below

Explanation:

A budgetary fund is an income account and thus a debit balance suggests a deficit on the fund account. This means that governing bodies of City of Goodville have spent more money in their expenditures than they have brought in as income from the fund. This will be recorded as a liability in the balance sheet. Where as a credit balance would be a surplus and recorded as  an asset.

3 0
3 years ago
Other questions:
  • What is a opportunity cost?
    6·1 answer
  • When vegans carry signs that read "meat is murder" or when antiabortion marchers hand out literature illustrated with gruesome p
    8·1 answer
  • In a situation where the investor exercises significant influence over the investee, which of the following entries is not actua
    14·1 answer
  • ​(Yield to​ maturity) A​ bond's market price is ​$900. It has a ​$1 comma 0001,000 par​ value, will mature in 1414 ​years, and h
    14·1 answer
  • Dominic is looking over his spending pattern for the past week to try to determine how much money he had on Sunday. This is Domi
    11·1 answer
  • In 2013, Salvage Yard Inc. had cash flows from investing activities of ($250,000) and cash flows from financing activities of ($
    6·2 answers
  • in 2006, selected automobiles had an average cost of $16,000. The average cost of those same automobiles is now $28,000. What wa
    14·1 answer
  • Generally, a tax preparer must never provide a copy of a taxpayer's tax return to any other party. However, there are two except
    8·1 answer
  • Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $34,000 (
    6·1 answer
  • A buyer needs 150 blouses to retail at $15 each and 80 shirts to retail at $20 each. She needs to average a 50.5% markup. If she
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!