This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Nichols Inc. manufactures remote controls. Currently the company uses a plant-wide rate for ... (Read 87 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Mar 6, 2021
Nichols Inc. manufactures remote controls. Currently the company uses a plant-wide rate for allocating manufacturing overhead. The plant manager is considering switching-over to ABC costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows:

ActivitiesCost driverAllocation Rate
Material handlingNumber of parts$2 per part
AssemblyLabor hours$10 per hour
InspectionTime at inspection station$20 per minute

The current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $600 per labor hour.

What are the indirect manufacturing costs per remote control assuming an activity-based-costing method is used and a batch of 100 remote controls are produced? The batch requires 460 parts, 5 direct manufacturing labor hours, and 18 minutes of inspection time.
◦ $6.00 per remote control
◦ $13.30 per remote control
◦ $32.00 per remote control
◦ $1,330.00 per remote control
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ghost! on Mar 6, 2021

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 60% of students answer this correctly


ghost!

  • Member
  • Posts: 560
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Herbivores of greatly different sizes can feed upon the same plant tissues. Though here we can see t Herbivores of greatly different sizes can feed upon the same plant tissues. Though here we can see t
Plant Plant
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Advection of an air mass with a different ELR (environmental lapse rate). Advection of an air mass with a different ELR (environmental lapse rate).
Determining the order and rate constant of an irreversible first-order reaction Determining the order and rate constant of an irreversible first-order reaction
A concrete wall of a cold storage room measures 3.0 m high, 5.0 m wide, and 20 cm thick. The ... A concrete wall of a cold storage room measures 3.0 m high, 5.0 m wide, and 20 cm thick. The ...
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library