Please give me directions for answer confirmation Ch 26 Pro 6 Identifying Activity Bases in an Activity-Based Cost System Select Foods Inc. uses activity-based costing to determine product costs. For each activity listed in the left column, select an appropriate activity base from the right column. You may use items in the dropdown list more than once or not at all. Activity Activity Base Accounting reports   Customer return processing   Electric power   Human resources   Inventory control   Invoice and collecting   Machine depreciation   Materials handling   Order shipping   Payroll   Production control   Production setup   Purchasing   Quality control   Sales order processing

Exercise 16-2 (Algo) Process vs. job order operations LO C1 Identify each of the following production features as applying more to job order operations, to process operations, or to both job order and process operations. 1. Measures unit costs at period-end. 2. Uses mass production of standardized products. 3. Uses more than one Work in Process Inventory account. 4. Measures cost per unit of product or service. 5. Cost object is a job or job lot. 6. Transfers costs between multiple Work in Process Inventory accounts. Process operation Process operation Process operation Job order operation Process operation Both

Problem 1Classify the following as to Fixed, Variable or Mixed Cost1. Factory Rent2. Wages of workers paid based on units produced3. Cost Accountant Salary4. Depreciation based on output5. Salary of Factory supervisor6. Basic Salary plus sales commission of salesman7. Paper in manufacturing of books8. Factory Insurance9. Monthly Depreciation of Building10. Bottle used in packaging

Question 14 of 14 View Policies Current Attempt in Progress Direct labor costs Machine hours Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of activity-based costing and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the company's operations. Setup hours < (a) Standard $50,000 1,500 Save for Later 90 Predetermined overhead rate eTextbook and Media 4 Total estimated overhead costs are $312,000. Overhead cost allocated to the machining activity cost pool is $210,000, and $102,000 is allocated to the machine setup activity cost pool. Custom Compute the overhead rate using the traditional (plantwide) approach. (Round answer to 2 decimal places, e.g. 12.25.) AS $100,000 Safed out o pe como esped 1,500 420 SINBADO MINOX 0 110 % of direct…

EX 18-1 Classifying costs as materials, labor, or factory overhead Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost: OBJ. 2 a. Wheels b. Glass used in the vehicle's windshield C. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver

PROBLEM 5 The following data have been provided the Monster Manufacturing Company for the most recent period: Sales Raw materials inventory, beginning Raw materials inventory, ending.. Purchases of raw materials. Direct labor..... Manufacturing overhead Administrative expenses. Selling expenses..... Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning. Finished goods inventory, ending. $16,800 $900 $750 $8,400 $1,240 $2,070 $1,890 $1,000 $700 $1,050 $970 $1,120 Required: Calculate the cost of goods manufactured and prepare an income statement.

Question 13All costs related to the manufacturing function in a company are:A. Prime costB. Conversion costC. Direct costD. Product cost Question 14In job-order cost system, the use of direct materials previously purchased usually is recorded as an increase in:A. Material accountB. Factor overhead appliedC. Factor overhead accountD. Work-in-process account   Question 15The wages of factory janitorial staff should be classified as: A. Period costB. Factory overhead costC. Prime costD. Direct labor cost

EX 18-1 Classifying costs as materials, labor, or factory overhead Indicate whether each of the following costs of an automobile manufacturer woul classified as direct materials cost, direct labor cost, or factory overhead cost: a. Wheels b. Glass used in the vehicle's windshield C. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver anibli pd