Answer:
<u>Overhead Report for heavy-duty trailer axles.</u>
Order size ($ 16.85 × 200) $3,370.00
Customer orders ($ 320.00 × 1) $320.00
Product testing ($ 89.00 × 4) $356.00
Selling ( $ 1,090.00 × 2) $2,180.00
Total $6,226.00
Conclusion :
The total overhead cost assigned to the order is $6,226.00
Explanation:
ABC system allocates overheads to jobs using cost drivers.
First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.
Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.
The final step is to allocate the overheads to a particular job using the cost driver rate.
Answer:
use a skill-based pay plan for the teams.
Explanation:
Based on this scenario it can be said that the best method for Dee to use would be a skill-based pay plan for the teams. A Skill-based pay (SBP) is a unique compensation method that is designed to reward individual employees with additional pay in exchange for formal certification of the employee's mastery of skills, knowledge, and/or competencies. This will promote individual initiative without suppressing a cooperative work environment.
Answer:
Materials = 23,000 units
Conversion Costs = 23,000 units
Explanation:
Note that the weighted-average method is being used to calculate the equivalent units.
Using this method, we are interested only in calculating equivalent units in units that were completed and transferred and units of ending work in process.
<u>Calculation of equivalent units of production for Materials and Conversion Costs.</u>
Materials
Completed and transferred (20,000 units × 100%) 20,000
Ending Work In Process (5,000 units × 60%) 3,000
Equivalent units 23,000
Conversion Cost
Completed and transferred (20,000 units × 100%) 20,000
Ending Work In Process (5,000 units × 60%) 3,000
Equivalent units 23,000
Amount invested in stocks 5,000 X 0.60 = 3,000
After one year gains 9%
3,000 X ( 1 + 0.09) = 3,270
After second year loses 4%
3,270 X ( 1 - 0.04) = 3,139.2 amount after second year
So Stocks gained 139.2 ( 3139.2 - 3000)
Amount of saving account
5,000 X 0.40 = 2,000
After 2 years
2,200 X ( 1 + 0.049)^(2) = 2,200.802
So gained 200.802 (2200.802 - 2000)
Total amount after 2 years
3,139.2 + 2,200.802 = 5,340.002
Gained 340.002 (5340.002 -5000)
