Total cost would be allocated to assembly activity cost pool

Assignment Help Financial Management
Reference no: EM13929531

Abagail Corp. uses activity-based costing system with three activity cost pools. The following information is provided:

Costs: Wages and salaries $ 213,000

Depreciation 108,000

Utilities 112,000

Total $440,000

Activity Cost Pools

Assembly Setting Up Other

Wages and salaries 0.54 30% 10%

Depreciation 0.35 45% 20%

Utilities 0.29 40% 30%

How much total cost would be allocated to the Assembly activity cost pool?

Reference no: EM13929531

Questions Cloud

Find normal and tangential acceleration of point at instant : A point moves along a circle of radius 4 cm.The distance x is related to time t by x =ct3 ,where c =0.3cm/s3.Find the normal and tangential acceleration of the point at the instant when its linear velocity is v =0.4 m/s.
Goal of managerial accounting : Which of the following is not a goal of Managerial Accounting? A. provide information managers need for planning b. provide information managers need for market wide interest c. provide information managers need for control d. provide information man..
Constant rate of growth dividend policy : Winter time adventures is going to pay an annual dividend of 2.86 a share on its common stock next year. This year the company paid a dividend of 2.75 a share. The company adheres to a constant rate of growth dividend policy. What will one share of t..
What is meant by agency relationships and agency costs : Explain why management may tend to pursue goals other than shareholder wealth maximization. Explain what is meant by agency relationships and agency costs.
Total cost would be allocated to assembly activity cost pool : Abagail Corp. uses activity-based costing system with three activity cost pools. How much total cost would be allocated to the Assembly activity cost pool?
Find the speed of the sphere at the highest point : A small sphere is attached to a fixed point by a string of length 30 cm and whirls round in a vertical circle under the action of gravity at such a speed that the tension in the string when the sphere is at the lowest point is three times the tens..
How you might implement the public health program : Explanation how you might implement the public health program in the scenario in a healthcare setting and Explanation how you might implement the same program in a community setting
How do primary and secondary financial markets differ : How do primary and secondary financial markets differ? What is the primary distinction between the trading process on the New York Stock Exchange and the over-the-counter markets?
Calculate the c0ost of equity using dividend discount model : Calculate the following. Cost of equity using dividend discount model: Cost of preferred stock: Cost of debt. Include both. Briefly discuss the difference in your calculation and the bosses’ calculation. Where did he go wrong?

Reviews

Write a Review

Financial Management Questions & Answers

  An insurance line has a pure loss ratio-operating ratio

An insurance line has a pure loss ratio of 65%, an expense ratio of 26%, the firm pays 3% of premium to policy holders as dividends, and has an investment yield to premium ratio of 6%. What is the operating ratio?

  Considering expanding operations to meet growing demand

A corporation is considering expanding operations to meet growing demand. With the capital expansion, the current accounts are expected to change. Management expects cash to increase by $20,000, accounts receivable by $40,000, and inventories by $60,..

  How much do firms market and book value per share differ

Bauer software''s current balance sheet show total common equity of $ 5,125,000. The company has 530,000 shares of stock outstanding, and they sell at a price of $ 27.50 per share - By how much do the firm''s market and book value per share differ..

  Semi annual bonds-what is the bonds price

Haswell Enterprises' semi annual bonds have a 10-year maturity, a 6.25% semi annual coupon, and a par value of $1,000. The going rate of interest is 4.75%. What is the bond's price?

  An investment project provides cash inflows

An investment project provides cash inflows of $690 per year for eight years. What is the project payback period if the initial cost is $1,475?  What is the project payback period if the initial cost is $3,500? What is the project payback period if t..

  Present value of growth opportunities

Huron Manufacturing plans to pay a dividend of $5 per share. The growth rate is 7 percent and the discount rate is 12 percent. What is the present value of growth opportunities (PVGO)?

  What is the future value of an annuity

What is the future value of an annuity where $3,000 is deposited every 6 months for 8 years, and earns interest at 12 percent compounded semi-annually?

  What is marys federal tax liability-marginal tax rate

Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant information. What is Mary’s federal tax liability? What is her marginal tax rate?

  What will be your monthly payment

You plan to buy a new car. The price is $30,000 and you will make a down payment of $4,000. Your annual interest rate is 10% and you intend to pay for the car over five years. What will be your monthly payment?

  To qualify for a stafford loan

To qualify for a Stafford loan, you must

  Considering project which will provide annual cash inflows

You are considering a project which will provide annual cash inflows of $5,200, $6,300, and $7,500 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a 8% discount rate?

  Yield to maturity and current yield

Today is a day in May 2525 and a bond with an coupon rate of 8.0% just yesterday paid a coupon. The bond matures in November 2540 and its quoted bond price is 118.03 percent of par (semi annual compounding). Find the yield to maturity (YTM) and curre..

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