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Chapter 20, Problem 19E
Exercise 20-19
Production cost flows P1 P2 P3 P4
The flowchart below shows the August production activity of the punching and bending departments of Wire Bos Company. Use the amounts shown on the flowchart to compute the missing numbers identified by question marts.
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Please use Table 1 to ANSWER this question. COVID Co. produces two different products (Product A and Product X) using two different activities: Machining, which uses
machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $1,000,000, while the cost of Inspection is
$2,700,000. What is the activity rate for Inspection?
Select one:
O b. None of the given ANSWER
c. 52,000 per batch
O d.545,000 per batch
Oa.51.500 per batch
Problem 4-18 Part 2
2. The expected activity for the year was distributed among the company's four products as follows:
Activity Cost Pool
Labor-related (DLHS)
Purchase orders (orders)
Materials receipts (receipts)
Relay assembly (relays)
General factory (MHS)
Expected Activity
Product A Product B Product C Product D
2,550
250
310
200
12,750
Product A
Product B
Product C
Product D
650
500
176
200
8,300
3,400
1,750
414
1,000
8,200
1,900
1,000
0
1,100
11,750
Using the ABC data, determine the total amount of overhead cost assigned to each product.
1
Question 4₁
From the information given below, calculate the prime cost, production overhead costs and
total production costs per month.
Details work
1. Production manager's salary
2. Wages of employees (60% is direct labour)
3. Production royalties: RM3 per unit
4. Transport costs on raw materials purchased
5. Rental of computer system for production control
6. Depreciation: Plant and Machinery
7. Bank Interest on financing
8. Salesmen's salaries and commission
9. Travelling expenses
10. Other factory indirect expenses
11. Salary of store clerks
RM
3,000
10,000
3,000
1,000
10,000
15,000
1,000
10,000
2,000
10,000
5,000
Chapter 20 Solutions
FUND.ACCT.PRIN -ONLINE ONLY >I<
Ch. 20 - Prob. 1DQCh. 20 - Prob. 2DQCh. 20 - Prob. 3DQCh. 20 - Prob. 4DQCh. 20 - Prob. 5DQCh. 20 - Prob. 6DQCh. 20 - Prob. 7DQCh. 20 - Prob. 8DQCh. 20 - Prob. 9DQCh. 20 - Prob. 10DQ
Ch. 20 - Prob. 11DQCh. 20 - Prob. 12DQCh. 20 - Prob. 13DQCh. 20 - Prob. 14DQCh. 20 - Prob. 15DQCh. 20 - Prob. 16DQCh. 20 - Prob. 1QSCh. 20 - Prob. 2QSCh. 20 - Prob. 3QSCh. 20 - Prob. 4QSCh. 20 - Prob. 5QSCh. 20 - Prob. 6QSCh. 20 - Prob. 7QSCh. 20 - Prob. 8QSCh. 20 - Prob. 9QSCh. 20 - Prob. 10QSCh. 20 - Prob. 11QSCh. 20 - Prob. 12QSCh. 20 - Prob. 13QSCh. 20 - Prob. 14QSCh. 20 - Prob. 15QSCh. 20 - Prob. 16QSCh. 20 - Prob. 17QSCh. 20 - Prob. 18QSCh. 20 - Prob. 19QSCh. 20 - Prob. 20QSCh. 20 - Prob. 21QSCh. 20 - Prob. 22QSCh. 20 - Prob. 23QSCh. 20 - Recording costs of labor P2 Prepare journal...Ch. 20 - Prob. 25QSCh. 20 - Prob. 26QSCh. 20 - Prob. 27QSCh. 20 - Prob. 1ECh. 20 - Prob. 2ECh. 20 - Prob. 3ECh. 20 - Prob. 4ECh. 20 - Prob. 5ECh. 20 - Prob. 6ECh. 20 - Prob. 7ECh. 20 - Prob. 8ECh. 20 - Prob. 9ECh. 20 - Prob. 10ECh. 20 - Prob. 11ECh. 20 - Prob. 12ECh. 20 - Prob. 13ECh. 20 - Prob. 14ECh. 20 - Prob. 15ECh. 20 - Prob. 16ECh. 20 - Prob. 17ECh. 20 - Prob. 18ECh. 20 - Exercise 20-19 Production cost flows P1 P2 P3 P4...Ch. 20 - Exercise 20-20
Weighted average: Process cost...Ch. 20 - Exercise 20-21
Recording costs of...Ch. 20 - Prob. 22ECh. 20 - Prob. 23ECh. 20 - Exercise 20-24
Recording cost of completed...Ch. 20 - Prob. 25ECh. 20 - Prob. 26ECh. 20 - Prob. 27ECh. 20 - Prob. 1APSACh. 20 - Prob. 2APSACh. 20 - Prob. 3APSACh. 20 - Prob. 4APSACh. 20 - Prob. 5APSACh. 20 - Prob. 6APSACh. 20 - Prob. 7APSACh. 20 - Prob. 1BPSBCh. 20 - Prob. 2BPSBCh. 20 - Prob. 3BPSBCh. 20 - Prob. 4BPSBCh. 20 - Prob. 5BPSBCh. 20 - Prob. 6BPSBCh. 20 - Prob. 7BPSBCh. 20 - Prob. 20SPCh. 20 - Prob. 20CPCh. 20 - Prob. 1GLPCh. 20 - Prob. 1BTNCh. 20 - Prob. 2BTNCh. 20 - Prob. 3BTNCh. 20 - Prob. 4BTNCh. 20 - Prob. 5BTNCh. 20 - Prob. 6BTNCh. 20 - Prob. 7BTNCh. 20 - Prob. 8BTNCh. 20 - Prob. 9BTN
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