Reference no: EM132627780
Question - The cost pool budget for Orca industries that produces television sets is as follows: Machine set-up related $132,000 Engineering related $96,000 Quality control $140,000 Total budgeted OH costs $368,000 Budgeted activity levels for the current year are: Direct labour Hours 8,200 Quality Inspection 10,000 Machine Set-up Hours 2,250 Engineering Changes 1,200 Direct costs for the Allegra model television set are $245 for material and $38 for labour. 2,500 Allegra models were produced and sold at a markup of 75%. Activity levels for the 2,500 Allegra sets were as follows: Direct labour Hours 2,800 Quality Inspection 2,500 Machine Set-up Hours 780 Engineering Changes 320.
Required -
(a) Calculate the overhead cost of the 2,500 Allegra model sets if:
i. A volume based cost driver was in use, applying overhead on direct labour hours.
ii. An Activity Based Costing system was used to apply overhead.
(b) Calculate the total cost to produce a single Allegra model using both the traditional method and ABC to allocate overheads. Would the selling price of the Allegra model be more or less if the ABC method for allocating overheads is adopted and by how much?
|
How two different ethical theories or traditions can applied
: You are the Financial Director of a large private construction company, How two different ethical theories or traditions can be applied to this case.
|
|
Four areas of emotional intelligence
: -Briefly discuss what implications your cognitive style might have on your personal decision making process & management style.
|
|
Describe a situation at work or home
: Describe a situation at work, home or social gathering, where emotional intelligence may have helped the situation. Some examples include: dealing with.
|
|
Companies are shifting from evaluating performance
: Organizational Behavior MNGT-5590 Week 3 Case Study 5.1: Companies Are Shifting from Evaluating Performance
|
|
Calculate the total cost to produce a single Allegra model
: Calculate the total cost to produce a single Allegra model using both the traditional method and ABC to allocate overheads
|
|
Which journal entries should unquiet hands inc use to record
: Unquiet Hands, Inc. borrowed $30,000 on October 1. Which journal entries should Unquiet Hands, Inc. use to record the payment of interest on September 30, 2020?
|
|
What is timber ridge net profit margin
: The Timber Ridge Company has the following relationships:
|
|
What you have to offer the organization or industry
: An elevator speech is an excellent way to convey your skills while networking and seeking employment. Typically, an elevator speech is a one-minute summary.
|
|
How the accounting equation applies to businesses
: How the accounting equation applies to businesses? The equation reflects the fact that, at any point in time, total revenues will always equal total liabilities
|