Question 3 of 15 View Policies Current Attempt in Progress Cost Titanium Assembly 500 mach. hours Inspections Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: > 350 2100 labor hours O $59750. O $33000. O $55000. O $77000. Save for Later Aluminum 500 mach. hours 150 1900 labor hours Total Cost $57000 Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much inspections cost is assigned to titanium racquets? $110000 4 -/1 Attempts: 0 of 1 used ||| Submit Answer

Question 3 of 15 View Policies Current Attempt in Progress Cost Titanium Assembly 500 mach. hours Inspections Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: > 350 2100 labor hours O $59750. O $33000. O $55000. O $77000. Save for Later Aluminum 500 mach. hours 150 1900 labor hours Total Cost $57000 Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much inspections cost is assigned to titanium racquets? $110000 4 -/1 Attempts: 0 of 1 used ||| Submit Answer

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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Problem 7-16 (Algo) Comparing Traditional and Activity-Based Product Margins [LO7-1, L07-3, LO7-4, LO7-5] Hi-Tek Manufacturing, Inc., makes two types of industrial component parts-the B300 and the T500. An absorption costing income statement for the most recent period is shown: Hi-Tek Manufacturing Inc. Income Statement $ 1,657,500 1,224,620 432,880 620,000 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating loss $4 (187,120) Hi-Tek produced and sold 60,500 units of B3o0 at a price of $19 per unit and 12,700 units of T500 at a price of $40 per unit. The company's traditional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below: в300 T500 Total Direct materials $ 400,600 $ 120,400 $ 162,700 $ 42,000 563,300 162,400 498,920 Direct labor Manufacturing overhead Cost of goods sold $…
esc ! 1 Q A L Concord Corporation incurs the following costs to produce 10500 units of a subcomponent: ← N Direct materials Direct labor 13500 Variable overhead 13000 Fixed overhead 2 An outside supplier has offered to sell Concord the subcomponent for $2.50 a unit. No fixed costs are avoidable. If Concord accepts the offer, it could use the production capacity to produce another product that would generate additional income of $3600. The increase (decrease) in net income from accepting the offer would be O $(5650). O $5650. O $12850. O $(3600). Save for Later W S #3 $9000 X H 19800 с E D $ 4 C R FL G Search or type URL do 5 % T MacBook Pro V ^ 6 G Y & 7 H U *00 Attempts: 0 of 1 used Submit Answer 8 BN J + ( 1 9 K M -O ) O 0 < 44 1 H P со
Homwork Question 6 MSI is considering outsourcing the production of the handheld control module used with some of its products. The company has received a bid from Monte Legend Co. (MLC) to produce 10,000 units of the module per year for $16 each. The following information pertains to MSI’s production of the control modules: Direct materials $9Direct labor $4Variable manufacturing overhead $2Fixed manufacturing overhead $3Total cost per unit $18 MSI has determined that it could eliminate all variable costs if the control modules were produced externally, but none of the fixed overhead is avoidable. At this time, MSI has no specific use in mind for the space that is currently dedicated to the control module production. 1. Compute the difference in cost between making and buying the control module.
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XYZ Inc. manufactures a component D12, and two main products F45 and P67. The following details relate to each of these items: D12 D45 P67 Selling price ? 146 159 Material cost 10 15 26 Component D12 (bought-in price) ? 25 25 Direct labour 5 10 15 Variable overheads 6 12 18 Total variable cost per unit 21 62 84 Fixed overhead costs: P per annum P per annum P per annum Avoidable* 9,000.00 18,000.00 40,000.00 Non-avoidable 36,000.00 72,000.00 160,000.00 Total 45,000.00 90,000.00 200,000.00 * The avoidable fixed costs are product-specific fixed costs that would be avoided if the product or component were to be discontinued. 1. Assuming that the annual demand for component D12 is 5,000 units and that XYZ Inc. has sufficient capacity to make the component itself, the maximum price that should be paid to an external supplier for 5,000 components per year is 2. Assuming that component D12 is bought from an external supplier for P25.00 per unit, the number of units…
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r田 1/1 ageNOWv2 | Online teachirs X n/ilrn/takeAssignment/takeAssignmentMan.uo?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Mazomanie Farm completed 23,000 units during the quarter and has 2,600 units still in process. The units are 100% complete with regard to materials and 55% complete with regard to conversion costs. What are the equivalent units for materials and conversion? Equivalent Units of Materials Equivalent Units of Conversion
me | MyUSF X CengageNOWv2 |Online teachin X .cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%3&takeAssignmentSessionLocator3&inpro... to 向 Differential Analysis for Further Processing The management of International Aluminum Co, is considering whether to process aluminum ingot further into rolled aluminum. Rolled aluminum can be sold for $2,100 per ton, and ingot can be sold without further processing for $1,050 per ton. Ingot is produced in batches of 89 tons by smelting 550 tons of bauxite, which costs $110 per ton of bauxite. Rolled aluminum will require additional processing costs of $610 per ton of ingot, and 1.25 tons of ingot will produce 1 ton of rolled aluminum. Required: 1. Prepare a differential analysis as of February 5 to determine whether to sell aluminum ingot (Alternative 1) or process further into rolled aluminum (Alternative 2). If required, do not round interim calculations. If required, use a minus sign to indicate a loss. Differential Analysis Sell…
SHOW ALL STEPS DO NOT SOLVE IT WITH EXCEL 8.32 Five revenue projects are under consideration by General Dynamics for improving material flow through an assembly line. The initial cost in $1000 and the life of each project are as follows (revenue estimates are not shown): Project A D E -900 -300 -1600 Initial cost, $1000 Life, years -700 -2300 8. 5.