24 Refer to Figure 4 3 What is the total cost of the proposed job if Winter

24 refer to figure 4 3 what is the total cost of the

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____24.Refer to Figure 4-3. What is the total cost of the proposed job if Winter Manufacturing uses direct labor hours as its only activity driver? a.$72,000b.$68,200c.$56,200d.$53,200 ____25.Activity-based costing assigns cost to cost objects by first ____26._______________ are causal factors that explain the consumption of overhead. ____27.Yang Manufacturing Company manufactures two products (A and B). The overhead costs ($58,000) have been divided into three cost pools that use the following activity drivers:Number of LaborProductNumber of OrdersTransactionsLabor HoursA1550500B101502,000Cost per pool$10,000$8,000$40,000If the number of labor hours is used to assign labor costs from the cost pool, determine the amount of overhead cost to be assigned to Product A. Figure 4-9 7 October 2016 Page 9 of 11 9bd7de855c951ca136e49bddb6cc3b1e797ef259.rt
Jones Manufacturing uses an activity-based costing system. The company produces Model X and Model Y. Information relating to the two products is as follows:Model XModel YUnits produced24,00030,000Machine hours7,5008,500Direct labor hours8,00012,000Material handling (number of moves)4,0006,000Setups5,0007,000Purchase orders3040Inspections10,00014,000Product line variations812The following overhead costs are reported for the following activities of the production process:Material handling$ 40,000Labor-related overhead120,000Setups60,000Product design100,000Batch inspections20,000Central purchasing80,000Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below:ActivityCost PoolDriverPoolRateModel XactivityModel X costModel Y activityModel Y costTotalMaterial handling$40,00010,00044000$16,0006000$24,000$40,000Labor relatedoverhead$120,00020,00068000$48,00012,000$72,000$120,000Setups$60,00012,00055000$25,0006000$35,000$60,000Product design$100,0002050008$40,00012$60,000$100,000batch inspections$120,00024,000510,000$50,00014,000$70,000$120,000central purchasing$70,00070100030$30,00040$40,000$70,000total$209,000$301,000$510,000____28.Refer to Figure 4-9. Jones Manufacturing wants to implement an equally accurate reduced ABC system.Under this new approach using consumption ratios for labor related and machine hours, the overhead assignedto labor related activities would be? (round to 5 decimal places) a.$102,546.50b.$120,000c.$255,000 7 October 2016 Page 10 of 11 9bd7de855c951ca136e49bddb6cc3b1e797ef259.rt
7 October 2016 Page 11 of 11 9bd7de855c951ca136e49bddb6cc3b1e797ef259.rt

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