Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 442 Weeks Ago, 3 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 27 May 2017 My Price 15.00

Hickory Company manufactures two products

Hickory Company manufactures two productsAc€??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 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:

  

Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity
  Machining Machine-hours $ 200,000    10,000 MHs
  Machine setups Number of setups $ 100,000    200 setups
  Production design Number of products $ 84,000    2 products
  General factory Direct labor-hours $ 300,000    12,000 DLHs
 

  

Activity Measure Product Y Product Z
  Machine-hours 7,000 3,000
  Number of setups 50 150
  Number of products 1 1
  Direct labor-hours 8,000 4,000
 

rev: 10_24_2014_QC_57437

1.

value:
0.66 points

Required:
What is the companyAc€?cs plantwide overhead rate?
 

ask your instructor a questioncheck my workreferencesebook & resources

2.

value:
0.66 points

Required:

Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?
 

ask your instructor a questioncheck my workreferencesebook & resources

3.

value:
0.66 points

Required:
What is the activity rate for the Machining activity cost pool?
 

ask your instructor a questioncheck my workreferencesebook & resources

4.

value:
0.66 points

Required:
What is the activity rate for the Machine Setups activity cost pool?
 

ask your instructor a questioncheck my workreferencesebook & resources

5.

value:
0.66 points

Required:
What is the activity rate for the Product Design activity cost pool?
 

ask your instructor a questioncheck my workreferencesebook & resources

6.

value:
0.66 points

Required:
What is the activity rate for the General Factory activity cost pool?
 

ask your instructor a questioncheck my workreferencesebook & resources

7.

value:
0.66 points

Required:
Which of the four activities is a batch-level activity?
  
  General factory activity
  Machine setups activity
  Product design activity
  Machining activity

ask your instructor a questioncheck my workreferencesebook & resources

8.

value:
0.66 points

Required:
Which of the four activities is a product-level activity?
  
  Machining activity
  Product design activity
  General factory activity
  Machine setups activity

ask your instructor a questioncheck my workreferencesebook & resources

9.

value:
0.66 points

Required:

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round intermediate calculations.)
 

rev: 10_24_2014_QC_57437

ask your instructor a questioncheck my workreferencesebook & resources

10.

value:
0.66 points

Required:

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Do not round intermediate calculations.)
 

rev: 10_24_2014_QC_57437

ask your instructor a questioncheck my workreferencesebook & resources

11.

value:
0.66 points

Required:
Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your "Percentage" answer to 1 decimal place. (i.e. .1234 should be entered as 12.3))
 

ask your instructor a questioncheck my workreferencesebook & resources

12.

value:
0.66 points

Required:
Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?
 

ask your instructor a questioncheck my workreferencesebook & resources

13.

value:
0.66 points

Required:
Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?
 

ask your instructor a questioncheck my workreferencesebook & resources

14.

value:
0.66 points

Required:
Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z?
 

ask your instructor a questioncheck my workreferencesebook & resources

15.

value:
0.76 points

Required:
Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your "Percentage" answer to 1 decimal place. (i.e. .1234 should be entered as 12.3))
 
 

 

Answers

Alpha Geek
(8)
Status NEW Posted 27 May 2017 06:05 PM My Price 15.00

-----------

Attachments

file 1495910046-Answer.docx preview (242 words )
A-----------nsw-----------er ----------- (1-----------) W-----------hat----------- is----------- th-----------e c-----------omp-----------any----------- p-----------lan-----------twi-----------de -----------ove-----------rhe-----------ad -----------rat-----------e? -----------=To-----------tal----------- ov-----------erh-----------ead----------- co-----------st -----------/ T-----------ota-----------l =----------- ($-----------200-----------,00-----------0 +----------- $1-----------00,-----------000----------- + -----------$84-----------,00-----------0 +----------- $3-----------00,-----------000-----------) /----------- 12-----------000----------- Hr-----------s =----------- $6-----------84,-----------000----------- / -----------120-----------00 -----------= $-----------57 ----------- (-----------2) -----------Usi-----------ng -----------the----------- pl-----------ant-----------wid-----------e o-----------ver-----------hea-----------d r-----------ate-----------, h-----------ow -----------muc-----------h m-----------anu-----------fac-----------tur-----------ing----------- ov-----------erh-----------ead----------- co-----------st -----------is -----------all-----------oca-----------ted----------- to----------- Pr-----------odu-----------ct -----------Y a-----------nd -----------Pro-----------duc-----------t Z----------- Pr-----------odu-----------ct -----------Y =----------- 80-----------00 -----------hrs----------- * -----------$57----------- = -----------$45-----------6,0-----------00 -----------Pro-----------duc-----------t Z----------- =----------- 40-----------00 -----------hrs----------- * -----------$57----------- = -----------$22-----------8,0-----------00 -----------Bel-----------ow -----------tab-----------le -----------has----------- AB-----------C r-----------ate-----------s: -----------Act-----------ivi-----------ty -----------Cos-----------t P-----------ool----------- Ac-----------tiv-----------ity----------- Me-----------asu-----------re -----------Est-----------ima-----------ted-----------
Not Rated(0)