Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. air united, inc. manufactures two products: missil

Air United, Inc. manufactures two products: missile...

50.1K

Verified Solution

Question

Accounting

image
image
image
Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 48 range instruments and 301 pressure gauges were produced, and overhead costs of $82,130 were estimated. An analysis of estimated overhead costs reveals the following activities. 1. 2. 3. Activities Materials handling Machine setups Quality inspections Cost Drivers Number of requisitions Number of setups Number of inspections Total Cost $33,990 27,560 20,580 $82,130 The cost driver volume for each product was as follows. Cost Drivers Number of requisitions Number of setups Number of inspections Instruments 405 180 Gauges 625 Total 1,030 520 490 340 240 250 Determine the overhead rate for each activity. Overhead Rate Materials handling $ Machine setups $ Quality inspections $ Assign the manufacturing overhead costs for April to the two products using activity-based costing. (Round per unit answers to 2 decimal places, eg. 12.25.) Instruments Gauges Total cost assigned $ $ Overhead cost per Unit $ $ $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

If a batch of parts made from a precipitation hardenable alloy have been overaged, they can...

Civil Engineering
Q

Do carbohydrates only bind to the extracellular space? If so, please elborate as to why that occurs.

Biology
Q

A shaft carries three masses A,B and C. Planes B and C are 60cm and 120cm...

Civil Engineering
Q

As you learned, mergers and acquisitions can be beneficial for companies (and sometimes, less than beneficial)....

Finance
Q

Consider two insulating sheets with thermal resistances R and R as shown The temperature 0...

Physics
Q

Calculate the first eight terms of the sequence of partial sums correct to four decimal...

Calculus
Q

1) Nancy was reviewing the water bill for her dog day...

Accounting
Q

Question 4 10 pts Your Company earned $600,000 of revenue on account and $100,000 of...

Accounting
Q

Carlson Auto Dealers Inc. sells a handmade automobile as its only product. Each automobile is...

Accounting
Q

Exercise 11-8 Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two...

Accounting
Q

Renfroe, Inc. acquired 10% of Stanley Corporation on January 4, 2020, for $90,000 when the...

Accounting
Q

Video Planet (VP) sells a big screen TV package consisting of a 60 -inch plasma...

Accounting