Question 1

How much overhead costs were applied to the Work-in-Process Inventory during April using activity-based costing?

Accepted Answer

A) $536,000 
B) $720,000 
C) $736,000 
D) $820,000 
A) $536,000 
B) $720,000 
C) $736,000 
D) $820,000

Question 2

If Smelly changes its overhead allocation to departmental rates,what is the product cost per case for Product P assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

Accepted Answer

A) $117.15 
B) $163.50 
C) $121.50 
D) $138.15 
A) $117.15 
B) $163.50 
C) $121.50 
D) $138.15

Question 3

Department D has recently purchased and installed new computerized equipment for Product X.This equipment will increase the overhead costs by $2,700 and decrease labor costs (due to time savings)in Department D by $3.00 per case.Machine hours will not change.If Smelly uses a plantwide rate based on direct labor hours,what is the revised product cost per case for Product J?

Accepted Answer

A) $175.33 
B) $161.50 
C) $169.30 
D) $183.36 
A) $175.33 
B) $161.50 
C) $169.30 
D) $183.36

Question 4

The number of services provided by an accounting firm would be classified as a(n)

Accepted Answer

A) volume-related activity. 
B) batch-related activity. 
C) product-related activity. 
D) facility-related activity. 
A) volume-related activity. 
B) batch-related activity. 
C) product-related activity. 
D) facility-related activity.

Question 5

If Smelly changes its overhead allocation to departmental rates,what is the product cost per case for Product J assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

Accepted Answer

A) $169.30 
B) $161.50 
C) $166.00 
D) $182.44 
A) $169.30 
B) $161.50 
C) $166.00 
D) $182.44

How much overhead costs were applied to the Work-in-Process Inventory during April using activity-based costing?

If Smelly changes its overhead allocation to departmental rates,what is the product cost per case for Product P assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

The number of services provided by an accounting firm would be classified as a(n)

If Smelly changes its overhead allocation to departmental rates,what is the product cost per case for Product J assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

Cost Accounting: Information for Decision Making

Fundamentals of Cost-Volume-Profit Analysis

Fundamentals of Cost Analysis for Decision Making

Cost Estimation

Fundamentals of Product and Service Costing

Job Costing

Process Costing

Service Department and Joint Cost Allocation

Fundamentals of Management Control Systems

Planning and Budgeting

Business Unit Performance Measurement

Transfer Pricing

Fundamentals of Variance Analysis

Additional Topics in Variance Analysis

Nonfinancial and Multiple Measures of Performance

Filters

Exam 9: Activity-Based Costing

How much overhead costs were applied to the Work-in-Process Inventory during April using activity-based costing?

If Smelly changes its overhead allocation to departmental rates,what is the product cost per case for Product P assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

The number of services provided by an accounting firm would be classified as a(n)

If Smelly changes its overhead allocation to departmental rates,what is the product cost per case for Product J assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

Cost Accounting: Information for Decision Making

Fundamentals of Cost-Volume-Profit Analysis

Fundamentals of Cost Analysis for Decision Making

Cost Estimation

Fundamentals of Product and Service Costing

Job Costing

Process Costing

Service Department and Joint Cost Allocation

Fundamentals of Management Control Systems

Planning and Budgeting

Business Unit Performance Measurement

Transfer Pricing

Fundamentals of Variance Analysis

Additional Topics in Variance Analysis

Nonfinancial and Multiple Measures of Performance

Filters