Hernandez Corp. wants to compute its throughput for August. The following production data are available: Good units produced and sold 2,923,200 Total units produced 4,844,000 Total processing (in hours) 201,600 Value-added time (in hours) 50,300

Q: XYZ has provided the following data from its activity-based costing system: Activity Cost Pool Total…

A: Activity rate = Total cost / Total activity Assembly = $228060/18000 = $12.67 per machine hour…

Q: Thorn company forecast that total overhead for the current year will be $15,500,000 with 250,000…

A: Overheads are considered as fixed and common expenses that should be allocated to the products based…

Q: Panther Tyres Inc., produces 50,000 units each day, and the average number of units in work in…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Operating at a normal level of 30,000 direct labor-hours, Lasser Company produces 10,000 units of…

A: Pre-Determine Overhead Rate:   A pre-determine overhead rate is allocation rate used by the company…

Q: Truman Inc. has provided the following production and total cost data for two levels of monthly…

A: Fixed manufacturing cost is the fixed cost incurred on the making of the product. It is the cost…

Q: The following data was recorded last period for production department that under the management of…

A: Standard rate is the rate which has been estimated on the basis of some inputs. The inputs can be…

Q: XYZ Company incurred the following costs for the month of August when it observed an activity level…

A: Variable cost:-  Variable cost is the cost that a company incurs while manufacturing a product. This…

Q: Underwood, Inc. manufactures two products. It currently has 5,600 hours of direct labor and 800…

A: Given, Contribution margin per unit for Product B = $15.00   Machine hour per unit for product B =…

Q: XYZ Company incurred the following costs for the month of August when it observed an activity level…

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: The accounting records for Portland Products report the following manufacturing costs for the past…

A: In This Numerical Has Covered the concept of Cost Analysis.

Q: lavs Inc. collected the following production data for the past month: (See image) If the high-low…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: At the beginning of the year, you estimated the following - Production - 75,000 units Raw Material -…

A: Standard price = Estimated Raw material cost / Estimated units Raw material efficiency variance =…

Q: Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing…

A: Direct material costs = Cost per Machine Hour x No. of machine hours = $4.25 x  5,000 hours =…

Q: Bally Incorporated has identified the following cost drivers for its expected overhead costs for the…

A: Overheads are the indirect costs related with the production and manufacturing of goods. These costs…

Q: Edney Company employs a standard cost system for product costing. The per-unit standard cost of its…

A: Overheads are the necessary indirect expenses incurred during cost of production to ascertain the…

Q: How many calendars must Paney sell next year to earn an operating income of $24,600?

A:

Q: The company makes 230 units of product of WD40 a year, requiring a total of 480 machine-hour, 50…

A: Calculation of activity rate : Activity Cost Pool ( A )  Total Activity ( B ) Total Cost ( C )…

Q: A company manufactures products in batches of 200 on one machine. If the company works 8 hours per…

A: Factors of production- Factors of production are inputs used in the creation or manufacture of…

Q: Identify the estimated conversion cost per unit. Identify the estimated prime cost per unit.…

A: “Hey, since there are multiple requirements posted, we will answer first three requirements. If you…

Q: The Production Department of Hruska Corporation has submitted the following forecast of units to be…

A: Variable manufacturing overhead refers to the indirect manufacturing costs. This cost fluctuates…

Q: Gillman Co. is forecasting sales of 62,000 units of products for August. To make one unit of…

A: Budgeted production = Budgeted sales + Desired ending inventories - Beginning inventory

Q: The following cost graphs illustrate various types of cost behaviour:…

A: Cost Behavior : It is a method in which the cost changes with respect to the changes in those…

Q: Frazier Manufacturing Company collected the following production data for the past month: Units…

A:

Q: Units Produced    Total Cost 1,600                      $66,000 1,300                      $57,000…

A: High low method - it is a method in which we separate out Fixed cost and the variable cost with the…

Q: During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs,…

A: Predetermined overhead rates are used for allocating the indirect overhead cost. It can be allocated…

Q: e table below shows monthly data collected on production costs and on the number of units produced…

A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve first three…

Q: Antico Corporation has provided the following production and average cost data for two levels of…

A: The production expenses comprise of both fixed and variable costs. Fixed costs are those which…

Q: Locke Data Processing reported expenses of $5 million for labor, of which $3 million was for…

A: Activity based rates = Total cost of each activity / Number of hours.

Q: A company has provided the following information for one of its products for each hour of…

A: Given data, Actual velocity =100 units (per hour) Move time = 20 minutes Inspection time=15 minutes…

Q: Acme Corporation produces two basic products: widgets and wadgets. Below is a table of outputs and…

A: Partial factor of productivity= Total Output/Total Energy Input Under Multi factor and Total factor,…

Q: The Janesky Company has collected data on the manufacture of 6,071 robot grippers last month.  The…

A: The aim of the company will be to increase the profits of the company. The profit of the company can…

Q: K Company estimates that overhead costs for the next year will be $4,000,000 for indirect labor and…

A: Given: Cost for indirect labour = $ 4,000,000 Cost for factory utilities = $ 970,000 Direct labour…

Q: Edney Company employs a standard cost system for product costing. The per-unit standard cost of its…

A: A variance is favorable if actual expenditure is less than the budgeted and unfavorable if actual is…

Q: Simplex Company has the following estimated costs for next year: Direct materials $15,000 Direct…

A: The traditional method of overhead allocation is based on a predetermined overhead rate. The…

Q: The Production Department of Hruska Corporation has submitted the following forecast of units to be…

A: The total cost of production consists of variable and manufacturing cost.

Q: The Production Department of Hruska Corporation has submitted the following forecast of units to be…

A: Budgets are the estimates for future period. Direct labour cost budget shows how much labour cost…

Q: In the coming year, Kalling Company expects to sell 28,700 units at $32 each. Kalling’s controller…

A: Absorption costing and variable costing are two important methods of costing. In variable costing…

Q: Dirickson Incorporated has provided the following data concerning one of the products in its…

A: The variation between actual results and the budget or standard is referred as variance.

Q: eriod. Month                                          Total ProductionCost…

A: Variable Cost:   A cost which change with increase or decrease in amount of goods or services…

Q: The company makes 420 units of product YBY a year, requiring a total of 460 machine-hours, 80…

A: Activity-based costing is a technique that basically deals with allocating the cost pool to the cost…

Q: Edney Company employs a standard cost system for product costing. The per-unit standard cost of its…

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

Q: XYZ has provided the following data from its activity-based costing system: Activity Cost Pool Total…

A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…

Q: The Janesky Company has collected data on the manufacture of 6,473 robot grippers last month.  The…

A: Variable cost per unit=Material+Labor+Variable overheadUnits=$142,853+$379,071+$267,4256,473=$121.94

Q: Pattison Products, Inc., began operations in October and manufactured 56,000 units during the month…

A: “Since you have posted a question with many sub-parts, we will solve three sub-parts for you. To get…

Q: Edney Company employs a standard cost system for product costing. The per-unit standard cost of its…

A: Introduction: The act of recording or keeping track of any financial or non-financial action is…

Q: Orange, Incorporated has identified the following cost drivers for its expected overhead costs for…

A: Activity-based costing is used to distribute the overhead. This method is used to allocate the…