Assume a company's activity-based costing system includes three activities with the following activity rates: Activity Cost Pool Testing Setups Molding Activity Rate $ 2 per testing minute $ 45 per setup hour $ 22 per machine-hour Two of the company's many products include Product A and Product B. These two products consumed the company's activities as follows: Total Expected Activity Product A Product B Testing (number of testing minutes) 300 250 Setups (number of setup hours) 15 12 Molding (number of machine-hours) 20 12 How much cost would be assigned from the Setups activity to Product B? Multiple Choice O $24 $540 ○ $1,040
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- George Galoz & Freres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 1 Units (7 2 30 Total Etching Cost 5 18 17. 25 20 24 16 $ 120 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 3. If the company processes five units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places) Expoctea lotal aiching cost Answer is complete but not entirely correct. 20 50A farmer has recently acquired a 110 hectares piece of land. He has decided to grow Wheat and barley on that land. Due to the quality of the sun and the region's excellent climate, the entire production of Wheat and Barley can be sold. He wants to know how to plant each variety in the 110 hectares, given the costs, net profits and labor requirements according to the data shown below: Variety Cost (Price/Hec) Net Profit (Price/Hec) Man-days/Hec Wheat 100 50 10 Barley 200 120 30 The farmer has a budget of US$10,000 and an availability of 1,200 man-days during the planning horizon. In addition, the farmer would like to get a profit of at least $3000. Generate the mathematical model for the optimal usage of land area to produce wheat and barley. Using graphical method to optimize land usage, how many hectares are to be used for wheat and barley.The administrator of Hope Hospital has been asked to perform an activity analysis of the emergency room (ER). The ER activities include cost of quality and other patient care activities. The lab tests and transportation are hospital services external to the ER for determining external failure costs. The result of the activity analysis is summarized as follows: Activities Activity Cost Patient registration $6,400 Verifying patient information 9,600 Assignment patients 12,800 Searching/waiting for doctor 8,000 Doctor exam 4,800 Waiting for transport 17,600 Transporting patients 16,000 Verifying lab orders 14,400 Searching for equipment 8,000 Incorrect labs 12,800 Lab tests 17,600 Counting supplies 19,200 Looking for supplies 8,000 Staff training 4,800 Total 160,000 Problem 2 Instructions Prepare a Pareto chart of the ER activities. Classify the activities into…
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