A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $87,059 and the cost drivers for Product 1 is 200 and 500 for Product 2. The assembling activity pool has estimated costs of $54,143 and the cost drivers for Product 1 is 350 and 275 for Product 2. Direct labor hours for Product 1 is 335 and 224 for Product 2. What is the total manufacturing overhead rate to be used under traditional cost accounting? Round your final answer to the nearest whole dollar and do not write a dollar sign.

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Manufacturing overhead cost - it is the total indirect cost incurred during the manufacturing of a…

Q: Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department…

A: Process costing: It is a type of costing method, where the direct costs are accumulated and indirect…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: In the traditional cost method, the manufacturing overhead cost is distributed on the basis of…

Q: Red Raider Company uses a plantwide overhead rate with machine hours as the allocation base. Each…

A: Overhead allocation rate is used to allocate the manufacturing overheads. It can be calculated by…

Q: total manufacturing overhead costs to assigned

A: Total manufacturing cost assigned to finishing activity cost pool for Product 2 = Estimated…

Q: Candice Company uses activity-based costing to determine the unit product costs for external…

A:

Q: Buena Company uses activity-based costing to determine the unit product costs for external reports.…

A: Calculation of overhead cost per unit of BarG &Bar S:: Particulars.     BarG.        Bar S..…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Activity rate = Estimated cost / Estimated activity

Q: Hollywood Co. computed an overhead rate for machining costs ($1,500,000) of $15 per machine hour.…

A: The overhead is applied to the production on the basis of predetermined overhead rate.

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Manufacturing cost for finishing activity per cost driver = 110,205/(326+493)               = 134.56

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…

Q: Company X has two products: A and B. Annual production and sales are 700 units of Product A and 800…

A: Estimated  total labor hours = 700units × 0.2 hours + 800 units × 0.6 hours =620 hours

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Overheads are considered as fixed and common expenses that should be allocated to the products on…

Q: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product…

A: PLEASE LIKE THE ANSWER:     DepIT Oh rate        Component        Estimated…

Q: Kapoor Corporation uses the following activity rates from its activity-based costing to assign…

A: It is a method used to assign the manufacturing overhead cost to the finished goods. It assign cost…

Q: Hickory Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z.…

A: 1. Plant wide overhead (OH) rate: Plantwide Overhead Rate=Total OH costno. of…

Q: The overhead cost per unit of Product B under the traditional costing system is closest to: $50.66…

A:

Q: Green Apple Company uses activity-based costing to determine the unit product costs for external…

A: Activity-based costing is one of the costing methods in which the business activities are identified…

Q: Quillen Company manufactures a product in a factory that has two producing departments, Cutting and…

A: Activity based costing is the one of the method of costing which allocate the overhead cost to every…

Q: 0 units. The company has traditionally used direct labor-hours as the basis for applying all…

A: Activity based costing is the costing in which overheads cost are allocated to a product based on…

Q: Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department…

A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…

Q: Luther Manufacturing uses an activity-based cost system. The company produces Model 0 and Model J.…

A: The activity rate is calculated as estimated overhead cost for the activity divided by estimated…

Q: The controller of Hendershot Corporation estimates the amount of materials handling overhead cost…

A: Indirect costs or overhead costs in the manufacturing activity will be allocated to products or jobs…

Q: Arthur Company has two products: S and D. The company uses activity-based costing and has prepared…

A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…

Q: FAITH Manufacturing Corporation has a traditional costing system in which it applies manufacturing…

A: ABC Method is a method of allocating overhead cost to a particular product in this method the cost…

Q: Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are…

A: Overhead application rate for ordering and receiving = Estimated overhead cost for Ordering and…

Q: Quantity produced Direct labor hours Material handling (number of moves) Engineering (hours)…

A: Activity-based costing refers to the method of designating expenses or costs such as overhead and…

Q: Lansing, Inc., provided the following data for its two producing departments:     Molding…

A: 1.

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: The standard amount of factory overhead cost assigned to each unit of production is known as the…

Q: Use this information for Miramar Industries to answer the question that follow. Miramar Industries…

A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Cost allocation is a process of assigning or allocating indirect cost to each and every unit using a…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Traditional costing method is different from ABC costing method whereby cost driver /activity base…

Q: Use this information for Miramar Industries to answer the question that follow. Miramar Industries…

A: Activity-based costing is known as one of the methods used for allocating indirect costs. In this…

Q: Addy Company has two products: A and B. The annual production and sales of Product A is 1,700 units…

A: Labor hoursProduct A=Total units×Labor hour per unit=1,700×0.3=510

Q: achor Company manufactures two products. Product A has 800 units produced, require 200 material…

A: Solution: Material handling cost allocated to A = Total cost * Material moves of A / total material…

Q: Refrigerator-High Volume 900 9 120 6,000 Prior to conducting the study, the factory overhead…

A: Activity Based Costing While implementing the activity based costing it monetarize the total…

Q: It takes 100,000 direct labor hours to manufacture the product. Total overhead for the product is…

A: Introduction: Traditional costing refers to the allocation of factory overhead to products based on…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Solution: Total estimated overhead costs = $85,557 + $67,616 = $153,173 Budgeted direct labor hours…

Q: XYZ Company is producing three products Alpha, Beta and Gamma. The following overhead costs company…

A: Overhead cost includes all the indirect outlays associated to the process of production.

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Under the traditional costing method for allocation, the manufacturing overhead cost is allocated…

Q: A company has provided the following data from its activity-based costing system: Activity Cost Pool…

A:

Q: Linger Products uses a two-stage allocation method to assign costs to its products. The following…

A: Manufacturing overhead is also regarded as the factory overhead, which include the manufacturing…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Total Manufacturing Overhead Rate = Total Overhead Cost / Total Direct Labor Hours

Q: Anita Corporation Berhad uses the following activity rates from its activity-based costing to assign…

A: Activity-based costing (ABC) is a method of more activities and then assigns overhead expenditures…

Q: Addy Company has two products: A and B. The annual production and sales of Product A is 1,700 units…

A: The formula to calculate predetermined overhead rate  under the activity-based costing system is…

Q: SQU Corporation provides the firm's costing data: Selling Price (OMR) Direct Labour per Unit (OMR)…

A: Activity based costing method includes elimination of unnecessary costs by using cost drivers.

Q: Reliability Co. makes two products. Regular and Supreme. Overhead costs of machining is $2.000.000…

A: Activity-based costing is a method of assigning indirect costs to products and services by…

Q: Model A Model B Model C Units of production 1,700 1,200 1,100 Labour hour required 0.3 0.6…

A: Given data :- Total overheads = $103,000  Total activities of Activity 1 : = 1,000 + 600 + 400  =…

Q: Producing Departments / Main Department Servicing Departments Total JK V Jimin Jin Suga P80,000.00|…

A: Direct Method:-It is the simplest method of cost allocation of the Service department to its other…