Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Advanced Products Corporation has supplied the following data from its activity-based costing system:
Overheard Cost
Wages and salaries................................$300,000Other overhead costs.............................100,000Total overhead costs............................$400,000Activity Cost Pool Activity Measure Total Activity for the YearSupporting direct labor...Numbers of direct labor-hours 20,000 DLHsOrder processing......................Number of customer orders 400 ordersCustomer support.................. Number of customers 200 customersOther.............................................. This is an organization sustain activity Not applicable
Distribution of Resources Consumption across ActivitiesSupporting Order CustomerDirect Labor processing Other TotalWages and salaries 40% 30% 20% 10% 100%Other overhead costs 30% 10% 20% 40% 100%During the year, Advanced Products completed one order for a new customer, Shenzhen Enterprises. This customer did not order any other products during the year. Data concerning that order follow:Data concerning the Shenzhen Enterprises OrderUnits order........................................... 10 unitsDirect labor-hours............................... 2 DLHs per unitSelling price........................................... $300 per unitDirect materials.................................. $180 per unitDirect labor......................................... $50 per unit
1 Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools.2 Compute the activity rates for the activity cost pools.3 Prepare a report showing the overhead costs for the order from Shenzhen Enterprises including customer support costs.4 Prepare a report showing the customer margin for Shenzhen Enterprises.
Home Auto has not yet purchased any of the promotion items for next week. Should management substitute the Armadillo car wax for one of the three planned promotion displays? If so, which one?
Lesinski Snow Removal's cost formula for its vehicle operating cost is $1,770 per month plus $483 per snow-day.
Why would a business like UPS or eBay be concerned with looking at contribution margin by market segment? Can you recognize kinds of market segments?
Calculate the GDP in Income Approach and Expenditure Approach
Cash and investments of a bond sinking fund established to service general government long-term debt.
Summarize the GASB rules that govern an SPE health care organization (like a hospital). Summarize the FASB rules that govern the private not-for-profit health care organization.
City of Joseph Commercial Bank hired consultants to compute the costs of three products: checking accounts, personal loans, and the Gold visa card. The consultant identified the following activities, costs and activity drivers (annual data):
Describe customer perceived value, total customer benefit, and total customer cost. How do the total customer benefit and the total customer cost affect the consumer's perception? Explain.
The job costing system of Johnsons custom shop has five activities which are employed as indirect cost pools
Clinton Company is financed 40 percent by equity and 60 percent by debt. If the firm expects to earn $20 million in net income and retain 40% of it, how large can the capital budget be before common stock must be sold?
Recognize which costing system - job order or process cost - the following companies would use:
Analyze the Walmart's accounting and finance practices. This must be a formal business report which provides both specific processes and strategies involving budgeting, costing, capital decision making, capital acquisition, and cost of capital str..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd