x
Info
x
Warning
x
Danger
 / 
 / 
 / 
90) The Press Go Corporation manufactures and assembles remote

Question : 90) The Press Go Corporation manufactures and assembles remote : 2147427

90) The Press Go Corporation manufactures and assembles remote control toys. The company uses an activity-based costing system to allocate all manufacturing conversion costs. Each toy consists of 10 separate parts totaling $135 in direct materials and requires 4.0 hours of machine time to produce. Additional information follows:

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$3.75 per part

Machining

Machine hours

$4.00 per machine hour

Assembling

Number of parts

$0.50 per part

Packaging

Number of finished units

$4.75 per finished unit

 

What is the cost of machining per toy?

A) $52.00

B) $40.00

C) $16.00

D) $19.00

91) The Press Go Corporation manufactures and assembles remote control toys. The company uses an activity-based costing system to allocate all manufacturing conversion costs. Each toy consists of 30 separate parts totaling $125 in direct materials and requires 3.0 hours of machine time to produce. Additional information follows:

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$3.75 per part

Machining

Machine hours

$6.00 per machine hour

Assembling

Number of parts

$0.50 per part

Packaging

Number of finished units

$7.75 per finished unit

 

What is the cost of assembling per toy?

A) $18.00

B) $15.00

C) $23.25

D) $112.50

92) The Press Go Corporation manufactures and assembles remote control toys. The company uses an activity-based costing system to allocate all manufacturing conversion costs. Each toy consists of 15 separate parts totaling $125 in direct materials and requires 2.0 hours of machine time to produce. Additional information follows:

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$1.75 per part

Machining

Machine hours

$2.00 per machine hour

Assembling

Number of parts

$0.50 per part

Packaging

Number of finished units

$2.75 per finished unit

 

What is the number of finished toys?

A) 100

B) 250

C) 20

D) Cannot be determined from the information given

93) Hang Ten Company manufactures surf boards and uses an activity-based costing system to allocate all manufacturing conversion costs. Each surfboard consists of 30 separate parts totaling $175 in direct materials, and requires 6.0 hours of machine time to produce. The company incurs no direct labor costs. Additional information follows:

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$1.75 per part

Machining

Machine hours

$3.00 per machine hour

Assembling

Number of parts

$2.50 per part

Packaging

Number of finished units

$6.75 per finished unit

 

What is the total manufacturing cost per surfboard?

A) $392.50

B) $224.25

C) $18.00

D) $327.25

94) Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each phone has $30.00 of direct materials, includes 20 parts and requires 2 hours of machine time. Additional information follows:

 

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$1.50 per part

Machining

Machine hours

$2.00 per machine hour

Assembling

Number of parts

$5.00 per part

Packaging

Number of finished units

$7.00 per finished unit

 

What is the cost of materials handling per phone?

A) $14

B) $100

C) $4

D) $30

95) Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each phone has $20.00 of direct materials, includes 50 parts and requires 3 hours of machine time. Additional information follows:

 

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$3.50 per part

Machining

Machine hours

$2.00 per machine hour

Assembling

Number of parts

$4.00 per part

Packaging

Number of finished units

$3.00 per finished unit

 

What is the cost of machining per phone?

A) $200

B) $9

C) $175

D) $6

96) Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each phone has $40.00 of direct materials, includes 20 parts and requires 3 hours of machine time. Additional information follows:

 

Activity

Allocation Base

Cost Allocation Rate

Materials handling

Number of parts

$0.50 per part

Machining

Machine hours

$6.00 per machine hour

Assembling

Number of parts

$3.00 per part

Packaging

Number of finished units

$4.00 per finished unit

 

What is the cost of assembling per phone?

A) $18

B) $60

C) $12

D) $10

97) Maple Company manufactures bookshelves and uses an activity-based costing system. The following information is provided for the month of May:

 

Activity

Estimated Indirect

Activity Costs

Allocation Base

Estimated Quantity of

Allocation Base

Materials handling

$5,700

Number of parts

9,170 parts

Assembling

$12,600

Number of parts

9,170 parts

Packaging

$2,400

Number of units

1,310 bookshelves

 

Each bookshelf consists of 7 parts. The direct materials cost per bookshelf is $28.

What is the cost of materials handling and assembling per bookshelf? (Round all calculations to the nearest cent.)

A) $9.62

B) $13.97

C) $15.80

D) $4.35

98) Maple Company manufactures bookshelves and uses an activity-based costing system to allocate all manufacturing conversion costs. The company incurs no direct labor costs. The following information is provided for the month of May:

 

Activity

Estimated Indirect

Activity Costs

Allocation Base

Estimated Quantity of

Allocation Base

Materials handling

$5600

Number of parts

10,300 parts

Assembling

$10,900

Number of parts

10,300 parts

Packaging

$2730

Number of bookshelves

1030 bookshelves

 

Each bookshelf consists of 10 parts. The direct materials cost per bookshelf is $21.

What is the total manufacturing cost per bookshelf? (Round all calculations to the nearest cent.)

A) $18.67

B) $39.67

C) $16.02

D) $37.02

99) Relax, Don't Do It 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:

 

Activity

Estimated Indirect

Activity Costs

Allocation Base

Estimated Quantity of

Allocation Base

Materials handling

$15,000

Number of parts

5600 parts

Assembling

$15,500

Number of parts

5600 parts

Packaging

$5300

Number of lawn chairs

700 lawn chairs

 

Each lawn chair consists of 8 parts; the total direct materials cost per lawn chair is $13.

What is the total cost of materials handling and assembling for each lawn chair? (Round intermediate and the final answer to the nearest cent.)

A) $35.14

B) $22.14

C) $43.57

D) $64.14

Solution
5 (1 Ratings )

Solved
Accounting 6 Months Ago 121 Views
This Question has Been Answered!

Related Answers
Unlimited Access Free
Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!
Ask an Expert
Our Experts can answer your tough homework and study questions
150417 Accounting Questions Answered!
Post a Question