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Bob Clarke Corporation has provided the following data from its activity-based costing system: Activities Estimated Overhead Cos

AfilCa [17]

Answer:

Total Unit Cost= $ 96.65

Explanation:

Bob Clarke Corporation

Activities Estimated Overhead Cost Expected Activity

Assembly $1,005,040 68,000 machine-hours

Processing orders $102,500 2,000 orders

Inspection $139,840 1,900 inspection-hours

First we find the overhead rates using ABC costing method.

Overhead Rates= Estimated Overhead Cost/ Expected Activity

Assembly Rate= $1,005,040 /68,000 = $ 14.78 per machine-hours

Processing rate= $102,500 / 2,000= $ 51.25 per orders

Inspection Rate= $139,840/ 1,900= $ 73.6 per inspection-hours

Then we find the overhead costs applying the ABC Costing rates

Overhead Costs Of 450 Hockey

Assembly= 710 machine-hours, * $ 14.78= $10493.8

Processing=42 orders, *$ 51.25= $ 2152.5

Inspection= 12 inspection-hours*$ 73.6 = $ 883.2

Total Overhead Costs of 450 Hockey = $ 13529.5

Overhead Cost of One Hockey= 13529.5/450= 30.065= $ 30.07

Then the:

Product Cost

Direct materials cost is $36.42 per hockey stick

Direct labor cost is $30.16 per hockey stick

Overhead Costs is $ 30.07

Total Unit Cost= $ 96.65

7 0

3 years ago

XYZ Company plans to sell 11,000 units of its product in January and another 10,000 in February. The beginning balance of finish

Juli2301 [7.4K]

Answer:

10,900 units

Explanation:

The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = Beginning inventory + purchases - closing inventory

In this case, COGS will be 11,000 units: Beginning balance 1100 and ending balance of 1000.

11,000 = 1100 + P -1000

11,000 = 1100-1000 +P

11,000 = 100 + P

P= 11,000 -100

P= 10,900

Productions should be 10,900

4 0

2 years ago

A $298 petty cash fund has cash of $32 and receipts of $247. The journal entry to replenish the account would include credit to

Nikolay [14]

The journal entry to replenish the petty cash account is credit to Cash for $266.

<h3>How would petty cash be replenished?</h3>

The amount that needs to be replenished is:

= Petty cash fund - cash

= 298 - 32

= $266

This amount needs to be taken from the cash account which is why the cash account will be credited with $266.

Find out more on the petty cash fund at brainly.com/question/27585546

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7 0

2 years ago

_____ refers to the idea that all organizational members are capable of leading themselves at least to some extent. a. Leaders

scoray [572]

Answer:

Option d (Self-leadership) seems to be the appropriate response.

Explanation:

Self-leadership seems to be a process through recognizing whoever you are, defining certain ideal perceptions, as well as consciously leading yourself towards yourself.
It, therefore, tells people who you are, but whether you're a certain kind of individual individuals would like to emulate.

Other possibilities aren't connected to the circumstance in question. So that is indeed the right choice.

6 0

2 years ago

Garnett Co. expects to purchase $90,000 of materials in July and $105,000 of materialsin August. Three-quarters of all purchases

marissa [1.9K]

Answer: $101,250

Explanation:

Given that,

Expects to purchase material in July = $90,000

Expects to purchase material in August = $105,000

August's cash disbursements for materials purchases:

= 75% of August purchases + 1/4 of July purchases

= 0.75 × $105,000 + 0.25 × $90,000

= $78,750 + $22,500

= $101,250

7 0

3 years ago