ACCT
ACCT3032TuteSols51.pdf

ACCT3032TuteSols51.pdf - 210 Award 1.00 point South Beach...

Info icon This preview shows pages 1–2. Sign up to view the full content.

210. Award: 1.00 point 211. Award: 1.00 point South Beach Industries reports the following information about resources. At the beginning of the year, South Beach estimated it would spend $180,000 for materials, $42,000 for purchasing, $35,000 for setups, and $36,000 for repairs. Cost Driver Rate Volume Resources used Materials $ 10/lb 18,350 lbs Purchasing $ 250/purchase order 160 purchase orders Setups $ 450/setup 80 setups Repairs $ 36/job 700 jobs Resources supplied Materials $ 192,700 Purchasing $ 44,300 Setups $ 37,500 Repairs $ 30,000 Compute unused resource capacity for purchasing for South Beach. $5,538. $2,000. $4,300. $2,300. $44,300 – [$250(160)] = $4,300 References Multiple Choice Difficulty: 2 Medium Learning Objective: 10-05 Distinguish between resources used and resources supplied. South Beach Industries reports the following information about resources. At the beginning of the year, South Beach estimated it would spend $180,000 for materials, $42,000 for purchasing, $35,000 for setups, and $36,000 for repairs. Cost Driver Rate Volume Resources used Materials $ 10/lb 18,350 lbs Purchasing $ 250/purchase order 160 purchase orders Setups $ 450/setup 80 setups
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.
  • One '14
  • Accounting, Following, Christopher Nolan, South Beach

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern