subject
Business, 26.11.2019 05:31 jordan495413

Hickory company manufactures two products-14,000 units of product y and 6,000 units of product z. the company uses a plantwide overhead rate based on direct labor-hours. it is considering implementing an activity-based costing (abc) system that allocates all $791,400 of its manufacturing overhead to four cost pools. the following additional information is available for the company as a whole and for products y and z: estimated overhead cost expected activity activity cost pool machining machine setups product desigrn general factory activity measure machine-hours number of setups number of products direct labor-hours379,500 12,000 dlhs $ 203,000 10,000 mhs $ 121,900 87,000 230 setups 2 products activity measure product yproduct z machine-hours number of setups number of products direct labor-hours 7,300 50 2,700 180 1 2,500 9,500
9. using the abc system, how much total manufacturing overhead cost would be assigned to product y? (round all intermediate calculations to 2 decimal places.) total manufacturing overhead cost
10. using the abc system, how much total manufacturing overhead cost would be assigned to product z? total manufacturing overhead cost
11. using the plantwide overhead rate, what percentage of the total overhead cost is allocated to product y and product z? (round your "percentage" answers to 2 decimal place.) product y product z manufacturing overhead
12. using the abc system, what percentage of the machining costs is assigned to product y and product z? (round your "percentage" answers to 2 decimal places.) product y product z machining cost
13. using the abc system, what percentage of machine setups cost is assigned to product y and product z? (round your "percentage" answers to 2 decimal places.) product y product z machine setups cost
14. using the abc system, what percentage of the product design cost is assigned to product y and product z? product y product z product design cost
15. using the abc system, what percentage of the general factory cost is assigned to product y and product z? (round your "percentage" answers to 2 decimal place.) product y product z general factory cost

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:30
Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.
Answers: 1
question
Business, 22.06.2019 10:30
Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is
Answers: 2
question
Business, 22.06.2019 21:20
Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.
Answers: 1
question
Business, 23.06.2019 00:30
Braden’s ice cream shop is losing business. he knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. what has happened to braden’s business?
Answers: 1
You know the right answer?
Hickory company manufactures two products-14,000 units of product y and 6,000 units of product z. th...
Questions
question
Mathematics, 01.09.2019 15:10
question
Computers and Technology, 01.09.2019 15:10