iClicker_030211_and_selected_CH_7_slides

iClicker_030211_and_selected_CH_7_slides - On non-value...

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On non-value added activities Which of the following are non-value-added activities? A.Storing goods B.Inspecting finished goods C.Reworking a defective product D.All of the above. Convery 2011 1
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Big Co. provides these data from its ABC system: According to the ABC system, the average cost of this product is closest to: A. $132.64 B. $129.00 C. $85.00 D. $214.00 DM $44 + DL $41 + O/H $47.64 ($21,440/450) Convery 2011 2 Activity Cost Pool Total Cost Total Activity RATE Assembly $832,000/ 52,000 machine hours= $16 Processing orders $64,600/ 1,700 orders= $38 Inspection $102,000/ 1,360 inspection $75 Annual unit production and sales 450 Annual machine-hours 1,080 * $16 =$17,280 Annual number of orders 70 * $38 = $2,660 Annual inspection hours 20 * $75 = $1,500 Direct materials cost $44.00 per unit Direct labor cost $41.00 per unit
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pools: Manufacturing overhead costs ………. .…$ 440,000 * 55% Selling and administrative expenses …. .$ 240,000 * 30% Total …………………………………………………. .$ 680,000 Distribution of resource consumption for cost pools: Complete the first-stage allocation of overhead costs to the Order Size pool?
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iClicker_030211_and_selected_CH_7_slides - On non-value...

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