Overhead standard using activity-based costing

Assignment Help Accounting Basics
Reference no: EM13141260

Donkey Company manufactures two products, Standard and DeLuxe. Donkey's overhead costs consist of machining, $2,000,000; and assembling, $1,000,000. Information on the two products is:

Standard DeLuxe
Direct labor hours 10,000 15,000
Machine hours 10,000 30,000
Number of parts 90,000 160,000

Overhead applied to Standard using activity-based costing is ??

Reference no: EM13141260

Questions Cloud

Pervasive factors-misstate assertions in expenditure cycle : Identify several pervasive factors that might motivate management to misstate assertions in the expenditure cycle.
Determine cost of goods using periodic system : Sampson Company's accounting records show the following at the year ending on December 31, 2010. Using the periodic system, the cost of goods sold is:
Individual income tax forms : Which of the following forms is typically given to employees at the end of the calendar year so that employees can file their individual income tax forms?
Basics of labor hours to activity-based costing : R-Ball is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much assembly cost is assigned to deluxe racquets?
Overhead standard using activity-based costing : Donkey Company manufactures two products, Standard and DeLuxe. Donkey's overhead costs consist of machining, $2,000,000; and assembling, $1,000,000. Information on the two products is:
Pay for the investment : If Alice decides to buy the investment, she would receive the first $250 payment one year from today. How much should Alice be willing to pay for this investment?
How many liters of oxygen gas will react : How many liters of oxygen gas, at standard temperature and pressure, will react with 25.0 grams of magnesium metal? 2 Mg + O2 yields 2 MgO
Report from the lease transaction : In its 2004 income statement, what amount of interest expense should Gonzalez report from this lease transaction?
What is the formula of the oxide : A strip of electrolytically pure copper weighing 3.178 gram is strongly heated in a stream of oxygen until it is all converted to a black oxide. The resultant black powder weighs 3.978 g. What is the formula of the oxide?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Physical quantities of inventory

It is the end of the accounting period, and your boss asks you to help determine the inventory balance to place in the company's balance sheet. Explain which physical quantities of inventory that you will include, and which you will exclude.

  Management discussion and analysis

Define the management's discussion and analysis. Describe in a memo, the major items disclosed in this section of the financial report.

  Investments with maturities

Cash equivalents are generally investments with maturities of :

  Error in the financial statements of a prior period

Correction of an error in the financial statements of a prior period discovered subsequent to their issuance.

  Portfolio-beta coefficient

After selling the stocks from the portfolio, what would be the total beta of the remaining stocks in your portfolio? What would be the beta of your portfolio if you purchase the new stocks and put it in your portfolio?

  Determine the amount of the adjustment

If the estimate of loss from uncollectible accounts is based on sales, any existing balance in Allowance for Doubtful Accounts is added to the percentage of sales to determine the amount of the adjustment.

  In which the total fair value of the identifiable assets

In a business combination in which the total fair value of the identifiable assets acquired over liabilities assumed is greater than the consideration paid, the excess fair value is.

  Variable expenses in the cvp income statement

Paulsen Company sells 100,000 units for $15 a unit. Fixed costs are $350,000 and net income is $250,000. What should be reported as variable expenses in the CVP income statement?

  Determine the cost recovery deductions for the streetlights

Submit a tax file memorandum with proper citations of all sources: I want to see citations of the court case, a revenue procedure, and a specific section of the IRC.

  Compute conrad itemized deductions

Conrad, who is single, had agi of $361,850 during the year. He incurred the following expenses and losses during the year:

  Segregation to promote internal control

The three types of functions that normally should be segregated to promote internal control are:

  Concept of change in reporting entity

Which of the following describes a change in reporting entity?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd