Post ACC211 Full Course Latest 2017 August

Post ACC211 Unit 1 Discussion Latest 2017 August

Unit 1 Discussion Board

Do you believe a firm must have a firm grasp of the concepts of differential cost, opportunity cost and sunk cost to be effective in making business decisions? Please be sure that your first post talks about these three different types of costs. Consider giving examples – especially if you have examples within your own employment experience. Or – you can look for some online resources that offer you some other facets of this topic to discuss so that it isn’t just a rehash of the textbook. Don’t forget to cite any resources that you use – even the textbook!

Post ACC211 Unit 2 Discussion Latest 2017 August

Unit 2 Discussion Board

What benefits and drawbacks are there for a business that uses a Standard/Traditional Costing model?

What benefits and drawback are there for a business that uses an Activity Based Costing (ABC) model?

If you owned a small manufacturing business with relatively high volume and multiple product lines, would you implement an ABC model? Why?

As you get ready to reflect on these questions, don’t forget that the best answers are attempts to apply the concept to a small business and explore how a standard/traditional costing or activity-based costing system would/could be used. What are the benefits and the risks – or how could you adapt it to get the best of both?

Don’t forget that, when you draw a blank on a question (or any part of it), take a quick look at the concept on the internet or in the Post online library. There will be some great inspiration there that will help you out AND lend some different perspective on the matter! (Don’t forget to cite anything that you use!)

Post ACC211 Unit 3 Discussion Latest 2017 August

Unit 3 Discussion Board

Companies often use leverage to augment profits. Based on what you learned this week, please explain the following in detail:

With regards to Operating Leverage, please explain why a company with HIGH Operating Leverage faces greater financial risk in a declining sales period compared to a company with LOW Operating Leverage. (HINT: The key here is the relation between fixed costs and variable costs.)
What does a business’s Contribution Margin represent? What does the Contribution Margin have to do with Operating Leverage?

Post ACC211 Unit 4 Discussion Latest 2017 August

Unit 4 Discussion Board

How important is it to trace costs appropriately? Explain.

As you are beginning to think about the importance of tracing costs appropriately, please consider the differences between variable costing and absorption costing. What implications does each of these have on such things as financial reporting of profit and pricing your products for the marketplace?

You may also want to think about the issues involved with traceable costs as discussed in our text or in articles that you may find online.

Post ACC211 Unit 6 Discussion Latest 2017 August

Unit 6 Discussion Board

Why is the identification of favorable and unfavorable variances so important to a company? How can the identification of the variances help management control costs? Please explain.

As you are considering the flexible budgeting topic of the week, it is important for you to look at this analysis as a significant contribution to the management of the company. Knowing what the bottom line profit or loss is important. But what is more important is to understand how your actual results varied in terms of units sold versus how the actual cost of each unit differed from the budget.

Please do watch the video available in this week’s resources – you can turn the sound off and read the script on the right side if you need to. The lecturer has an excellent example that will help you.

Do you have an example that you can share? Sometimes that’s the best way to answer the question.

Post ACC211 Unit 7 Discussion Latest 2017 August

Unit 7 Discussion Board

What insight does ROI give into investment performance? Is it acceptable to lose profit on one product, if that product is vital to the sale of an extremely profitable product? Why?

As you think about these questions, also consider what other measures beside ROI might be help in analyzing solutions to business problems – or opportunities.

Post ACC211 Unit 1 Chapter 1 Quiz

The following costs were incurred in April:

Direct materials	$41,400
Direct labor	$29,800
Manufacturing overhead	$24,300
Selling expenses	$19,700
Administrative expenses	$34,500

Conversion costs during the month totaled:

$71,200

$65,700

$54,100

$149,700

The following costs were incurred in April:

Direct materials	$39,700
Direct labor	$23,200
Manufacturing overhead	$24,000
Selling expenses	$20,300
Administrative expenses	$33,900

Prime costs during the month totaled:

$47,200

$86,900

$62,900

$141,100

Haab Inc. is a merchandising company. Last month the company’s cost of goods sold was $67,500. The company’s beginning merchandise inventory was $11,000 and its ending merchandise inventory was $26,200. What was the total amount of the company’s merchandise purchases for the month?

$104,700

$52,300

$82,700

$67,500

At a sales volume of 35,500 units, Carne Company’s sales commissions (a cost that is variable with respect to sales volume) total $727,750.

To the nearest whole dollar, what should be the total sales commissions at a sales volume of 34,200 units? (Assume that this sales volume is within the relevant range.) (Do not round intermediate calculations.)

$712,620

$755,413

$701,100

$727,750

Calip Corporation, a merchandising company, reported the following results for October:

Sales	$419,000
Cost of goods sold (all variable)	$175,500
Total variable selling expense	$23,600
Total fixed selling expense	$17,200
Total variable administrative expense	$15,400
Total fixed administrative expense	$31,400

The contribution margin for October is:

$204,500

$155,900

$370,400

$243,500

Nieman Inc., a local retailer, has provided the following data for the month of March:

Merchandise inventory, beginning balance	$49,300
Merchandise inventory, ending balance	$44,200
Sales	$260,700
Purchases of merchandise inventory	$142,400
Selling expense	$20,100
Administrative expense	$60,100

The cost of goods sold for March was:

$222,600

$137,300

$147,500

$142,400

Nieman Inc., a local retailer, has provided the following data for the month of March:

Merchandise inventory, beginning balance	$ 44,500
Merchandise inventory, ending balance	$ 43,200
Sales	$263,100
Purchases of merchandise inventory	$137,600
Selling expense	$ 17,000
Administrative expense	$ 60,900

The net operating income for March was:

$125,500

$126,500

$46,900

$46,300

In April direct labor was 70% of conversion cost. If the manufacturing overhead for the month was $42,000 and the direct materials cost was $28,000, the direct labor cost was:

$98,000

$65,333

$18,000

$12,000

The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March.

Corporate headquarters building lease	$80,000
Cosmetics Department sales commissions-Northridge Store	$7,000
Corporate legal office salaries	$75,000
Store manager’s salary-Northridge Store	$11,000
Heating-Northridge Store	$11,000
Cosmetics Department cost of sales-Northridge Store	$83,000
Central warehouse lease cost	$17,000
Store security-Northridge Store	$11,000
Cosmetics Department manager’s salary-Northridge Store	$4,000

The Northridge Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments at the Northridge Store. The central warehouse serves all of the company’s stores.

What is the total amount of the costs listed above that are direct costs of the Cosmetics Department?

$83,000

$94,000

$90,000

$127,000

10.Corcetti Company manufactures and sells prewashed denim jeans. Large rolls of denim cloth are purchased and are first washed in a giant washing machine. After the cloth is dried, it is cut up into jean pattern shapes and then sewn together. The completed jeans are sold to various retail chains.

Which of the following terms could be used to correctly describe the cost of the soap used to wash the denim cloth?

	Direct Cost	Product Cost
A)	Yes	Yes
B)	Yes	No
C)	No	Yes
D)	No	No

Option A

Option B

Option C

Option D

11.Ence Sales, Inc., a merchandising company, reported sales of 6,400 units in April at a selling price of $684 per unit. Cost of goods sold, which is a variable cost, was $455 per unit. Variable selling expenses were $30 per unit and variable administrative expenses were $40 per unit. The total fixed selling expenses were $156,800 and the total administrative expenses were $260,400.

The gross margin for April was:

$1,465,600

$3,960,400

$1,017,600

$600,400

Post ACC211 Unit 5 Chapter 7 Quiz

The WRT Corporation makes collections on sales according to the following schedule:

40% in month of sale

55% in month following sale

5% in second month following sale

The following sales have been are expected:

	Expected Sales
April	$110,000
May	$120,000
June	$110,000

Budgeted cash collections in June should be budgeted to be:

$110,550

$110,000

$115,500

$110,000

Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year.

	Beginning Inventory	Ending Inventory
Raw material*	52,000	62,000
Finished goods	92,000	62,000

*Three pounds of raw material are needed to produce each unit of finished product.

If Paradise Corporation plans to sell 540,000 units during next year, the number of units it would have to manufacture during the year would be:

488,000 units

540,000 units

570,000 units

510,000 units

Morie Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor-hours. The direct labor rate is $11.10 per direct labor-hour. The production budget calls for producing 7,000 units in March and 6,800 units in April. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 5,480 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months?

$121,656.00

$117,948.60

$133,599.60

$118,947.60

The manufacturing overhead budget at Amrein Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 2,400 direct labor-hours will be required in August. The variable overhead rate is $5 per direct labor-hour. The company’s budgeted fixed manufacturing overhead is $43,080 per month, which includes depreciation of $3,680. All other fixed manufacturing overhead costs represent current cash flows. The August cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

$55,080

$39,400

$51,400

$12,000

The manufacturing overhead budget at Pendley Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 6,000 direct labor-hours will be required in August. The variable overhead rate is $8.40 per direct labor-hour. The company’s budgeted fixed manufacturing overhead is $109,800 per month, which includes depreciation of $24,970. All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for August should be:

$23.20

$18.30

$8.40

$26.70

Vandel Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 2,700 units are planned to be sold in April. The variable selling and administrative expense is $3.20 per unit. The budgeted fixed selling and administrative expense is $35,770 per month, which includes depreciation of $4,200 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the April selling and administrative expense budget should be:

44,410

40,210

31,570

8,640

Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $47,000. Budgeted cash receipts total $131,000 and budgeted cash disbursements total $126,000. The desired ending cash balance is $64,000. To attain its desired ending cash balance for May, the company needs to borrow:

$116,000

$64,000

$12,000

Sarter Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year.

	Beginning Inventory	Ending Inventory
Finished goods (units)	26,000	76,000
Raw material (grams)	56,000	46,000

Each unit of finished goods requires 2 grams of raw material.

The company plans to sell 610,000 units during the year, how much of the raw material should the company purchase during the year?

1,336,000 grams

1,310,000 grams

1,366,000 grams

1,320,000 grams

The Adams Corporation, a merchandising firm, has budgeted its activity for November according to the following information:

• Sales at $540,000, all for cash.

• Merchandise inventory on October 31 was $245,000.

• The cash balance November 1 was $27,000.

• Selling and administrative expenses are budgeted at $87,000 for November and are paid for in cash.

• Budgeted depreciation for November is $43,000.

• The planned merchandise inventory on November 30 is $275,000.

• The cost of goods sold is 70% of the selling price.

• All purchases are paid for in cash.

• There is no interest expense or income tax expense.

The budgeted cash receipts for November are:

$405,000

$540,000

$135,000

$583,000

10.

LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.0 hours of direct labor at the rate of $26.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.

The budgeted direct labor cost per unit of Product WZ would be:

$7.00 per unit

$46.00 per unit

$26.00 per unit

$78.00 per unit

11.

LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.2 hours of direct labor at the rate of $18.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.

The company plans to sell 41,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 630 and 130 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.)

$1,603,800

$1,641,300

$730,500

$1,622,550

Post ACC211 Unit 6 Chapter 8 Quiz

Hettinger Hospital bases its budgets on patient-visits. The hospital’s static budget for March appears below:

Budgeted number of patient-visits	8,900
Budgeted variable costs:
Supplies (@ $10.00 per patient-visit)	$ 89,000
Laundry (@ $9.70 per patient-visit)	86,330
Total variable cost	175,330
Budgeted fixed costs:
Wages and salaries	99,840
Occupancy costs	107,840
Total fixed cost	207,680
Total cost	$383,010

The total variable cost at the activity level of 9,000 patient-visits per month should be:

$175,330

$207,680

$177,300

$210,010

Epley Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate
Direct materials	2.0 pounds	$7.00 per pound
Direct labor	1.3 hours	$11.00 per hour
Variable overhead	1.3 hours	$3.00 per hour

In July the company produced 5,000 units using 10,310 pounds of the direct material and 2,290 direct labor-hours. During the month, the company purchased 10,880 pounds of the direct material at a cost of $76,760. The actual direct labor cost was $38,241 and the actual variable overhead cost was $11,942.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials quantity variance for July is:

$460 U

$600 F

$2,170 U

$460 F

Epley Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate
Direct materials	9.0 pounds	$8.5 per pound
Direct labor	0.8 hours	$30.00 per hour
Variable overhead	0.8 hours	$14.00 per hour

In July the company produced 3,410 units using 13,640 pounds of the direct material and 2,848 direct labor-hours. During the month, the company purchased 14,400 pounds of the direct material at a cost of $35,100. The actual direct labor cost was $85,030 and the actual variable overhead cost was $38,220.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The labor rate variance for July is:

$410 F

$410 U

$3,190 U

$3,190 F

Pardoe, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product:

	Standard Quantity	Standard Price or Rate	Standard Cost
Direct materials	2.0 pounds	$5.50 per pound	$11.00
Direct labor	0.6 hours	$16 per hour	$9.6
Variable manufacturing overhead	0.6 hours	$3.75 per hour	$2.25

During March, the following activity was recorded by the company:

• The company produced 5,000 units during the month.

• A total of 13,500 pounds of material were purchased at a cost of $37,800.

• There was no beginning inventory of materials on hand to start the month; at the end of the month,

2,700 pounds of material remained in the warehouse.

• During March, 3,200 direct labor-hours were worked at a rate of $16.50 per hour.

• Variable manufacturing overhead costs during March totaled $7,400.

The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for March is:

$36,450 U

$20,800 F

$20,800 U

$36,450 F

Oddo Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	3.0 ounces	$8.10 per ounce	$24.30
Direct labor	0.8 hours	$20.00 per hour	$16.00
Variable overhead	0.8 hours	$8.00 per hour	$6.40

The company reported the following results concerning this product in December.

Originally budgeted output	4,510	units
Actual output	4,310	units
Raw materials used in production	13,200	ounces
Actual direct labor-hours	3,718	hours
Purchases of raw materials	14,990	ounces
Actual price of raw materials	$7.90	per ounce
Actual direct labor rate	$19.40	per hour
Actual variable overhead rate	$8.20	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials quantity variance for December is:

$2,187 U

$2,133 F

$2,187 F

$2,133 U

Oddo Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	3.0 ounces	$13.50 per ounce	$40.50
Direct labor	0.6 hours	$19.50 per hour	$11.70
Variable overhead	0.6 hours	$12.00 per hour	$7.20

The company reported the following results concerning this product in December.

Originally budgeted output	12,400	units
Actual output	12,200	units
Raw materials used in production	35,960	ounces
Actual direct labor-hours	7,520	hours
Purchases of raw materials	37,560	ounces
Actual price of raw materials	13.25	per ounce
Actual direct labor rate	15.70	per hour
Actual variable overhead rate	8.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for December is:

$17,630 U

$17,630 F

$9,390 F

$9,390 U

Oddo Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	4.0 ounces	$7.90 per ounce	$31.60
Direct labor	0.7 hours	$30.00 per hour	$21.00
Variable overhead	0.7 hours	$8.00 per hour	$5.60

The company reported the following results concerning this product in December.

Originally budgeted output	4,490	units
Actual output	4,290	units
Raw materials used in production	17,450	ounces
Actual direct labor-hours	3,293	hours
Purchases of raw materials	19,220	ounces
Actual price of raw materials	$7.70	per ounce
Actual direct labor rate	$19.20	per hour
Actual variable overhead rate	$8.10	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The variable overhead efficiency variance for December is:

$2,349 U

$2,320 F

$2,320 U

$2,349 F

Midgley Corporation makes a product whose direct labor standards are 0.9 hours per unit and $21 per hour. In April the company produced 7,000 units using 5,800 direct labor-hours. The actual direct labor cost was $121,800.

The labor efficiency variance for April is:

$10,500 U

$10,500 F

$11,500 F

$11,500 U

Post ACC211 Unit 7 Chapter 9 Quiz

Given the following data:

Average operating assets	$504,000
Total liabilities	$23,520
Sales	$168,000
Contribution margin	$85,680
Net operating income	$45,360

Return on investment (ROI) would be:

27.0%

9.0%

51.0%

17.0%

Given the following data:

Return on investment	36%
Turnover	2.7
Margin	10%
Sales	$270,000
Average operating assets	$75,000
Minimum required rate of return	19%

The residual income would be:

$12,750

$19,500

$24,300

Cabal Products is a division of a major corporation. Last year the division had total sales of $28,540,000, net operating income of $2,597,140, and average operating assets of $5,708,000. The company’s minimum required rate of return is 10%.

The division’s margin is closest to:(Round your answer to 1 decimal place.)

9.1%

45.5%

91.0%

20.0%

The West Division of Frede Corporation had average operating assets of $667,000 and net operating income of $146,000 in December. The minimum required rate of return for performance evaluation purposes is 23%.

What was the West Division’s minimum required return in December?

$146,000

$153,410

$33,580

$186,990

Last year the Uptown Division of Gorcen Enterprises had sales of $300,000 and a net operating income of $24,000. The average operating assets at Uptown last year amounted to $120,000.

Last year at Uptown the return on investment was:

12%

20%

40%

The West Division of Frede Corporation had average operating assets of $700,000 and net operating income of $120,800 in December. The minimum required rate of return for performance evaluation purposes is 16%.

What was the West Division’s minimum required return in December?

$112,000

$120,800

$131,328

$19,328

What was the West Division’s residual income in December?

$8,800

($19,328)

($8,800)

$19,328

Post ACC211 Unit 8 Chapter 11 Quiz

Frick Road Paving Corporation is considering an investment in a curb-forming machine. The machine will cost $180,000, will last 10 years, and will have a $30,000 salvage value at the end of 10 years. The machine is expected to generate net cash inflows of $40,000 per year in each of the 10 years. Frick’s discount rate is 10%. The net present value of the proposed investment is closest to:

Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables.

$250,000

$65,800

$245,800

$77,380

The management of Mashiah Corporation is considering the purchase of a machine that would cost $290,000, would last for 6 years, and would have no salvage value. The machine would reduce labor and other costs by $102,000 per year. The company requires a minimum pretax return of 13% on all investment projects.

Click here to view Exhibit 11B-2 to determine the appropriate discount factor(s) using tables.

The present value of the annual cost savings of $102,000 is closest to:

$849,012

$612,000

$195,872

$407,796

Clairmont Corporation is considering the purchase of a machine that would cost $160,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $19,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $36,000. The company requires a minimum pretax return of 8% on all investment projects. (Ignore income taxes in this problem.)

Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables.

The net present value of the proposed project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)

$(3,313)

$12,233

$20,000

$(18,660)

Post ACC211 Unit 1 Chapter 1 Assignment

Required:
1.	For financial accounting purposes, what is the total amount of product costs incurred to make 12,600 units?

2.	For financial accounting purposes, what is the total amount of period costs incurred to sell 12,600 units?

3.	If 10,600 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)

4.	If 15,100 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)

5.	If 10,600 units are sold, what is the total amount of variable costs related to the units sold?

6.	If 15,100 units are sold, what is the total amount of variable costs related to the units sold?

7.	If 10,600 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.)

8.	If 15,100 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.)

9.	If 10,600 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

10.

10.	If 15,100 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

11.

11-a.

If 10,600 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?

11-b.

If 10,600 units are produced, what is the total amount of manufacturing overhead cost expressed on a per unit basis? (Round your answer to 2 decimal places.)

12.

12-a.

If 15,100 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?

12-b.

If 15,100 units are produced, what is the total amount of manufacturing overhead cost expressed on a per unit basis? (Round your answer to 2 decimal places.)

13.

13.	If the selling price is $21.90 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.)

14.

Required:

14-a.

If 10,600 units are produced, what are the total amount of direct manufacturing costs incurred to support this level of production?

14-b.

If 10,600 units are produced, what are the total amount of indirect manufacturing costs incurred to support this level of production?

15.

15.	What total incremental cost will Martinez incur if it increases production from 12,600 to 12,601 units? (Round your answer to 2 decimal places.)

Post ACC211 Unit 2 Chapter 3 Assignment

Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z:

Activity Cost Pool	Activity Measure	Estimated Overhead Cost	Expected Activity
Machining	Machine-hours	$	203,000	10,000	MHs
Machine setups	Number of setups	$	121,900	230	setups
Production design	Number of products	$	87,000	2	products
General factory	Direct labor-hours	$	379,500	15,000	DLHs

Activity Measure	Product Y	Product Z
Machining	7,300	2,700
Number of setups	50	180
Number of products	1	1
Direct labor-hours	9,500	5,500

1.	What is the company’s plantwide overhead rate? (Round your answer to 2 decimal places.)

2.	Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)

3.	What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)

4.	What is the activity rate for the Machine Setups activity cost pool? (Round your answer to 2 decimal places.)

5.	What is the activity rate for the Product Design activity cost pool? (Round your answer to 2 decimal places.)

6.	What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.)

7.	Which of the four activities is a batch-level activity?

	Machine setups activity

8.	Which of the four activities is a product-level activity?

9.	Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

10.	Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

11.	Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal places.)

12.	Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

13.	Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

14.	Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

15.	Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

Post ACC211 Full Course Latest 2017 August

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