Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assume a company produces and sells only two produ

Assume a company produces and sells only two products-14.000 units of Product A and 6,000...

70.2K

Verified Solution

Question

Accounting

image
image
Assume a company produces and sells only two products-14.000 units of Product A and 6,000 units of Product 8. The selling prices are 565 per unit for Product A and 596 per unit for Product 8. Product A's direct materials and direct tabor costs per unit are $31 and $12, respectively. Productes direct materials and direct labor costs per unit are $34 and 515, respectively. The company is considering implementing an activity-based costing (ABC) system that allocates all of its manutacturing overhead to three cost pools The following additional information is available for the company as a whole and for Products A and B. Activity Cost Pool Machining Machine setups Product design Activity Measure Machine-hours Number of setups Number of products Estimated Overhead Cost $ 300,000 $ 150.000 $ 78,000 Expected Activity 15,000 MH 200 Setups 2 Products Activity Measure Machine hours Number of setups Number of products Product A 9,000 50 1 Products 6,000 150 1 Using the ABC system, what is the product margin for Product A? Using the ABC system, what is the product margin for Product A? Multiple Choice 3:45 $54,500 O $48,500 $76,500 $51,500

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

In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the...

Finance
Q

Step 1: If 75 kg of \"Molecule Z\" is distributed amongst 5,000 organisms that weigh 2...

Biology
Q

When 2.14 g of a nonelectrolyte solute is dissolved in water to make 165 mL of...

Chemistry
Q

Calculate the change in pH when 7.00 mL of 0.100 M HCl(aq) is added to 100.0...

Chemistry
Q

Use the given graph of the function f to find lim f x and lim...

Basic Math
Q

Jessica is collecting aluminum cans during the summer for a recycling project. She collected 120...

Basic Math
Q

Find the equation of the regression line for the given data. Then construct a scatter...

Basic Math
Q

Divide and simplify 3 28m 20m2 2 4m 3 28m 20m Simplify your ans

Algebra
Q

Question 3 of 4 1.33212-=, : Cullumber Company manufactures and sells two...

Accounting
Q

I'm just post answers Gallatin Carpet Cleaning is a...

Accounting
Q

Balasubramanian Energy Restoration, Ltd. (BER) enters into a lease agreement on January 1, 2016, to...

Accounting
Q

What is the definition of bond premium? Are bonds typically issued at a premium?

Finance