Adria company recently implemented an activity-based

Assignment Help Accounting Basics
Reference no: EM13588269

Adria Company recently implemented an activity-based costing system. At the beginning of the year, management made the following estimates of cost and activity in the company's five activity cost pools:

  Activity Cost Pool

Activity?Measure

Expected?Overhead Cost

Expected?Activity

  Labor-related

  Direct labor-hours

$

35,000

7,000

DLHs

  Purchase orders

  Number of orders

$

4,000

2,000

orders

  Material receipts

  Number of receipts

$

10,450

950

receipts

  Relay assembly

  Number of relays

$

7,000

1,000

relays

  General factory

  Machine-hours

$

240,000

40,000

MHs

?

The expected activity for the year was distributed among the company's four products as follows:


Expected Activity


?

  Activity Cost Pool

Product A

Product B

Product C

Product D

  Labor-related (DLHs)

2,400    

500

3,500

600

  Purchase orders (orders)

100    

350

800

750

  Materials receipts (receipts)

400    

208

342

0

  Relay assembly (relays)

170    

170

300

360

  General factory (MHs)

12,000    

7,000

8,000

13,000

?

Using the ABC data, determine the total amount of overhead cost assigned to each product.

 


Product A

$

Product B

$

Product C

$

Product D

$

?

Reference no: EM13588269

Questions Cloud

What would be the break-even point in units and in swiss : detmer holdings ag of zurich switzerland has just introduced a new fashion watch for which the company is trying to
Job 218 was one of the many jobs started and completed : job 218 was one of the many jobs started and completed during the year. the job required 3300 in direct materials and
Khole company imports gift items from overseas and sells : khole company imports gift items from overseas and sells them to gift shops and department storees through out the us.
On january 1 a company issues bonds dated january 1 with a : on january 1 a company issues bonds dated january 1 with a par value of 300000. the bonds mature in 5 years. the
Adria company recently implemented an activity-based : adria company recently implemented an activity-based costing system. at the beginning of the year management made the
On january 1 a company purchased a five-year insurance : on january 1 a company purchased a five-year insurance policy for 1800 with coverage starting immediately. if the
Delta airlines has determined that several of its planes : delta airlines has determined that several of its planes are impaired. the book value of the planes is 10 million but
On july 1 2013 apache company sold a parcel of undeveloped : on july 1 2013 apache company sold a parcel of undeveloped land to a construction company for 3100000. the book value
Aigo glass company manufactures glass for sliding doors : amigo glass company manufactures glass for sliding doors. at the start of august 2000 units were in process. during

Reviews

Write a Review

Accounting Basics Questions & Answers

  Liu yanlin a teller at changlu agricultural bank seemed to

liu yanlin a teller at changlu agricultural bank seemed to be a model employee. she enthusiastically accepted a wide

  The average collection period of the receivables in terms

Hickory Hills Pro Shop had a balance in the Accounts Receivable account of $800,000 at the beginning of the year and a balance of $900,000 at the end of the year. Net credit sales during the year amounted to $7,310,000. The average collection p..

  Problem on report the bond liability

On December 31 year 1 Todd Corporation issued 500 of its 10% $1,000 bonds at 105. Todd Corporation uses IFRS. The bonds were issued through an underwriter to whom Todd paid bond issue costs of $15,000. On December 31 Year 1 balance sheet Todd shou..

  How to invest in retirement account

Robert deposits $150 monthly into a retirement account that has an APR of 5% with monthly compounding. What will this be worth in 40 years from today if it has $5,000 in it today?

  Walker company prepares monthly budgets the current budget

walker company prepares monthly budgets. the current budget plans for a september ending inventory of 19000 units.

  What is the rationale for how abc should account

During a company's start-up or expansion a wide variety of costs and expenses are incurred that are directly associated with beginning the specific operation. For instance, ABC Company has expanded into another country and has constructed new faci..

  Income taxes journal entry

Tazmania Inc. had pretax financial income of $154,000 in 2007. Prepare Tazmania's journal entry to record 2007 taxes, assuming a tax rate of 45%.

  What is its sustainable growth rate

A company has a retention rate of 50%, sales of $25,000, beginning equity of $50,000 and profit margins of 10%, an asset turnover ratio of .75 and debt of $10,000. What is its sustainable growth rate?

  You are a management analyst for xyz aircraft manufacturing

you are a management analyst for xyz aircraft manufacturing company. your company is considering either to use

  High tech video inc htv is a small electronics company that

high tech video inc.nbsp is a small electronics company that produces hand-held video game systems. the company was

  If this change takes place and selling price per skateboard

due to an increase in labor rates the company estimates that variable costs will increase by 1.60 per skateboard next

  A study has been conducted to determine if one of the

a study has been conducted to determine if one of the departments in parry company should be discontinued. the

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