60.1K

Verified Solution

Link Copied!

Quection 12 Not yat answed onsists of 15 separate parts totaling $125 in direct materials, and requires 2.0 hours of machine time to produce. Additional information follows: Points out PFlag question The Cosmo Corporation manufactures and assembles office chairs. Cosmo uses an activity-based costing system to allocate all manufacturing conversion costs. Each chair vity aterialshandlin achi Allocatian Base Number of parte Machine hours Number ot parte Number of fintaned unita Cost Allocation Iate 200 per mactine hou $0.50 per part $275 er finished What is the cost of assembling per chair? Select one: O a. S4.00 O b. 55.50 O c. $7.50 O d. 526.25 Quection 13 Nat yat answenad Points out Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each phone has 540.00 of direct materials, includes 30 parts and requires 3 hours of machine time. Additional information follows: Allocation Base ost Allocati on Rate Fig questian atertalahanditn 050 perpart umber of parts Mach ne hour Number of parts $14 00 per machiTe 100 perpart $200 perinished undt Packa umberof firdshed untts What is the cost of materials handling per phone? Select one: O a. S42.00 o b. S 6.00 O c. $15.00 o d. 530.00 Quection 14 Back Porch Company manufactures lawn chairs using an activity-based costing system to allocate all manufacturing conversion costs. The following information is provided for the month of June: Nat yat answered ity Estimated Indirect Allocatin Base Estimated Ouantity af Allocatiam Base Fig question Costs 12,000 pares 12,000 pars 1,500 lawn chars aterialahandltn 12,000 16,800 Number of parts umberof parts Number oflawnchars bl Each lawn chair consists of 8 parts; the total direct materials cost per lawn chair is 510.00 What is the total cost of packaging per lawn chair? Select one: O a. 513.00 O b. 511.20 O c. 3 8.00 o d. S 3.00

Answer & Explanation Solved by verified expert

See Answer