Answer:
$184.34
Explanation:
The computation of activity rate for the Order Size activity cost pool is shown below:-
The Activity rate for Order size = Estimated order size overhead cost ÷ Total machine hours
= 1,069,190 ÷ 5,800
= $184.34
Therefore for computing the activity rate for the Order Size activity cost pool we simply applied the above formula and ignore all other value.
Answer:
Stop assuming then....hehe haha don't know ur previous ques and too lazy to open it and even too lazy to read it full sorry
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
12,600
Explanation:
Concept of Equivalent units of production measures the number of units in terms of percentage completion in input elements of the process.
<u>The equivalent units of production for materials</u>
Note : all materials are issued at the beginning of the process, therefore materials are 100% complete in both Widgets transferred out and Ending widgets.
Calculation :
transferred out (8,600 × 100%) = 8,600
ending inventory (4,000 × 100%) = 4,000
total = 12,600
Therefore, the equivalent units of production for materials in the Machining Department is 12,600.
Answer:
Standard Hours Standard Rate per Hour Standard Cost
24 minutes (0.4 hrs.) $5.40 $2.16
During August, 8,390 hours of direct labor time were needed to make 19,600 units of the Jogging Mate. The direct labor cost totaled $43,628 for the month.
1. What is the standard labor-hours allowed (SH) to makes 19,600 Jogging Mates?
- 19,600 jogging mates x 0.4 hours = 7,840 hours
2. What is the standard labor cost allowed (SH × SR) to make 19,600 Jogging Mates?
- 7,840 hours x $5.40 = $42,336
3. What is the labor spending variance?
- labor spending variance = standard cost - actual cost = $42,336 - $43,628 = $1,292 unfavorable
4. What is the labor rate variance and the labor efficiency variance?
- labor rate variance = (standard rate - actual rate) x actual hours = ([$5.40 - ($43,628/8,390 hours)] x 8,390 hours = ($5.40 - $5.20) x 8,390 hours = $0.20 x 8,390 = $1,678 favorable
- labor efficiency variance = (standard hours - actual hours) x actual rate = (7,840 hours - 8,390 hours) x $5.20 = -550 hours x $5.20 = -$2,860 unfavorable
