Solved

Keske Corporation Has an Activity-Based Costing System with Three Activity

Question 33

Multiple Choice

Keske 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 the three activity cost pools based on resource consumption.Data used in the first stage allocations follow: Keske 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 the 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: Finally, the costs of Machining and Order Filling are combined with the following sales and direct cost data to determine product margins. What is the overhead cost assigned to Product L6 under activity-based costing? A) $36, 500 B) $9, 160 C) $32, 694 D) $23, 534 Keske 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 the 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: Finally, the costs of Machining and Order Filling are combined with the following sales and direct cost data to determine product margins. What is the overhead cost assigned to Product L6 under activity-based costing? A) $36, 500 B) $9, 160 C) $32, 694 D) $23, 534 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: Keske 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 the 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: Finally, the costs of Machining and Order Filling are combined with the following sales and direct cost data to determine product margins. What is the overhead cost assigned to Product L6 under activity-based costing? A) $36, 500 B) $9, 160 C) $32, 694 D) $23, 534 Finally, the costs of Machining and Order Filling are combined with the following sales and direct cost data to determine product margins. Keske 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 the 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: Finally, the costs of Machining and Order Filling are combined with the following sales and direct cost data to determine product margins. What is the overhead cost assigned to Product L6 under activity-based costing? A) $36, 500 B) $9, 160 C) $32, 694 D) $23, 534 What is the overhead cost assigned to Product L6 under activity-based costing?


A) $36, 500
B) $9, 160
C) $32, 694
D) $23, 534

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: Studler Corporation has an activity-based costing system

Q29: Trainor Corporation uses activity-based costing to assign

Q30: The Thornes Cleaning Brigade Company provides housecleaning

Q31: Senff Corporation uses the following activity rates

Q32: Vassallo Corporation's activity-based costing system has three

Q34: Lake Corporation has an activity-based costing system

Q35: Andruschack Corporation uses activity-based costing to determine

Q36: Schwering Corporation uses activity-based costing to assign

Q37: Munar Corporation uses activity-based costing to compute

Q136: Activity rates in activity-based costing are computed