Accounting Chapter 6 The Activity Rate For The Order

subject Type Homework Help
subject Pages 14
subject Words 2225
subject Authors Eric Noreen, Peter Brewer, Ray Garrison

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page-pf1
99. The activity rate for the Order Filling activity cost pool under activity-based costing is
closest to:
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100. What is the overhead cost assigned to Product T2 under activity-based costing?
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101. What is the product margin for Product T2 under activity-based costing?
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6-104
Laningham Corporation uses an activity based costing system to assign overhead costs to
products. In the first stage, two overhead costs-equipment depreciation and supervisory
expense-are allocated to three activity cost pools-Machining, Order Filling, and Other-based on
resource consumption. Data to perform these allocations appear below:
In the second stage, Machining costs are assigned to products using machine-hours (MHs) and
Order Filling costs are assigned to products using the number of orders. The costs in the Other
activity cost pool are not assigned to products. Activity data for the company's two products
follow:
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102. How much overhead cost is allocated to the Machining activity cost pool under activity-
based costing in the first stage of allocation?
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103. The activity rate for the Machining activity cost pool under activity-based costing is
closest to:
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104. What is the overhead cost assigned to Product H4 under activity-based costing?
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6-108
Capizzi Corporation has an activity-based costing system with three activity cost pools-
Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead
accounts, equipment depreciation and supervisory expense, are allocated to three activity cost
pools based on resource consumption. Data used in the first stage allocations follow:
Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are
assigned to products using the number of orders. The costs in the Other activity cost pool are not
assigned to products. Activity data for the company's two products follow:
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105. How much overhead cost is allocated to the Order Filling activity cost pool under activity-
based costing?
page-pfa
106. The activity rate for the Order Filling activity cost pool under activity-based costing is
closest to:
page-pfb
107. What is the overhead cost assigned to Product V2 under activity-based costing?
page-pfc
6-112
Goold Corporation uses activity-based costing to compute product margins. Overhead
costs have already been allocated to the company's three activity cost pools-Machining, Order
Filling, and Other. The costs in those activity cost pools appear below:
Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are
assigned to products using the number of orders. The costs in the Other activity cost pool are not
assigned to products. Activity data appear below:
Finally, sales and direct cost data are combined with Machining and Order Filling costs to
determine product margins.
page-pfd
108. The activity rate for Machining under activity-based costing is closest to:
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6-114
109. What is the overhead cost assigned to Product R9 under activity-based costing?
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6-115
110. What is the product margin for Product R9 under activity-based costing?
Ormond Corporation uses activity-based costing to assign overhead costs to products.
Overhead costs have already been allocated to the company's three activity cost pools as follows:
Machining, $6,800; Order Filling, $10,700; and Other, $4,500. Machining costs are assigned to
products using machine-hours (MHs) and Order Filling costs are assigned to products using the
number of orders. The costs in the Other activity cost pool are not assigned to products. Activity
data appear below:
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111. The activity rate for the Machining activity cost pool under activity-based costing is
closest to:
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112. What is the overhead cost assigned to Product B6 under activity-based costing?
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6-118
Pedroni Corporation uses activity-based costing to compute product margins. Overhead
costs have already been allocated to the company's three activity cost pools-Machining, Order
Filling, and Other. The costs in those activity cost pools appear below:
Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are
assigned to products using the number of orders. The costs in the Other activity cost pool are not
assigned to products. Activity data appear below:
Finally, sales and direct cost data are combined with Machining and Order Filling costs to
determine product margins.
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113. The activity rate for the Order Filling activity cost pool under activity-based costing is
closest to:
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114. What is the overhead cost assigned to Product F2 under activity-based costing?

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