70.2K

Verified Solution

Link Copied!

Blossom Corporation manufactures safes$-$large mobile safes and large walk$-$in stationary bank safes. As part of its annual budgeting process, Blossom is analyzing

the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be assigned to each product line. The information shown

below relates to overhead.

The total estimated manufacturing overhead was $$214,200.$ Under traditional costing $($which assigns overhead on the basis of direst labour hours$),$ what amount

of manufacturing overhead costs are assigned to: $($Round answers to $0$ decimal places, e$.$g$.1525.)$

One mobile safe

One walk$-$in safe

Manufacturing overhead

each

each

eTextbook and Media

Attempts: $2$ of $3$ used

Using multiple attempts will impact your score.

$10\%$ score reduction after attempt $2$

The total estimated manufacturing overhead of $$214,200$ was composed of $$186,000$ for material handling costs and $$28,200$ for purchasing activity costs.

Under activity$-$based costing $($ABC$)$: $($Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

What amount of material handling costs are assigned to:

a$.$ One mobile safe

b$.$ One walk$-$in safe

Material handling costs

each

each

What amount of purchasing activity costs are assigned to:

a$.$ One mobile safe

b$.$ One walk$-$in safe

Purchasing activity costs

each

$

each

Answer & Explanation Solved by verified expert

See Answer