Witness Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four activities have been identified: machining, setups, receiving, and packing. Resource drivers have been used to assign costs to each activity. The overhead activities, their costs, and the other related data are as follows: Product Machine Hours Setups Receiving Orders Packing Orders 35mm 12,000 200 300 500 Digital 12,000 450 1,200 2,500 Costs $70,000 $50,000 $10,000 $30,000 Using an activity rate for receiving based on receiving orders, assign receiving costs to the 35mm cameras. a.$1,802
b.$1,605
c.$4,007
d.$1,209
e.$2,001

The receiving costs assigned to 35mm cameras is $2001. Thus, option e is the correct answer.

Explanation:

The activity based costing requires us to calculate individual Overhead absorption rates (OAR) relating to each activity based on its cost driver. The OAR for Receiving overheads will be calculated based on the total receiving orders. The formula for OAR is,

OAR = Budgeted overheads / Budgeted absorption base or units

The total receiving orders for both products equal = 300 + 1200 = 1500 receiving orders

Thus, OAR-Receiving = 10000 / 1500 = $6.67 per receiving order

The Overheads allocated to 35mm cameras = 6.67 * 300 = $2001

i'm pretty sure the answer is 60.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%