Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information:Units Setups Inspections Assembly (dlh)3,400 3,6008,800 7,200Small table lampsDesk lamps8,40014,00043,20043,200Total Activity-Base Usage Budgeted Activity Cost10,800$109,08022,400114,24075,600340,200ActivitySetupsInspectionsAssembly (dlh)The total factory overhead (rounded to the nearest cent) to be allocated to each unit of small table lamps isO a. $80.47O b. $136.80O c. $48.28O d. $104.61

Name: Dawson Company manufactures small table lamps and desk lamps. The fol
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Description: Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information:Units Setups Inspections Assembly (dlh)3,400 3,6008,800 7,200Small table lampsDesk lamps8,40014,00043,200

Factory overhead refers to indirect manufacturing costs such as utilities and maintenance, not…

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Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) Small table lamps 3,400 3,600 Desk lamps 8,800 7,200 8,400 14,000 43,200 43,200 Activity Total Activity-Base Usage Budgeted Activity Cost Setups 10,800 $109,080 Inspections 22,400 114,240 Assembly (dlh) 75,600 340,200 The total factory overhead (rounded to the nearest cent) to be allocated to each unit of small table lamps is O a. $80.47 Ob. $136.80 O c. $48.28 O d. $104.61

Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) Small table lamps 3,400 3,600 Desk lamps 8,800 7,200 8,400 14,000 43,200 43,200 Activity Total Activity-Base Usage Budgeted Activity Cost Setups 10,800 $109,080 Inspections 22,400 114,240 Assembly (dlh) 75,600 340,200 The total factory overhead (rounded to the nearest cent) to be allocated to each unit of small table lamps is O a. $80.47 Ob. $136.80 O c. $48.28 O d. $104.61

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) Small table lamps 3,800 3,200 9,450 40,800 Desk lamps 7,500 6,400 15,750 40,800 Activity Total Activity-Base Usage Budgeted Activity Cost Setups 9,600 $88,320 Inspections 25,200 128,520 Assembly (dlh) 71,400 335,580 The total factory overhead to be allocated to desk lamps is a.$165,483 b.$430,255 c.$330,965 d.$595,737
Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) Small table lamps 3,800 3,700 8,250 42,400 Desk lamps 7,800 7,400 13,750 42,400 ETT Activity Total Activity-Base Usage Budgeted Activity Cost Setups 11,100 $108,780 Inspections 22,000 110,000 Assembly (dlh) 74,200 363,580 The total factory overhead to be allocated to desk lamps is Oa, $488,642 Ob, $593,351 Oc. $209.418 Od. $349,030
Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) Small table lamps 2,500 3,400 8,550 40,400 Desk lamps 10,500 6,800 14,250 40,400 Activity Total Activity-Base Usage Budgeted Activity Cost Setups 10,200 $92,820 Inspections 22,800 118,560 Assembly (dlh) 70,700 282,800 The total factory overhead to be allocated to each unit of small table lamps is a.$132.72 b.$56.88 c.$161.16 d.$94.80
Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Line Item Description Units Setups Inspections Assembly (dlh) Small table lamps 4,000 3,500 9,450 45,600 Desk lamps 8,100 7,000 15,750 45,600 Activity Total Activity-Base Usage Budgeted Activity Cost Setups 10,500 $95,550 Inspections 25,200 168,840 Assembly (dlh) 79,800 255,360 The total factory overhead to be allocated to desk lamps is a. $315,145 b. $409,689 c. $567,261 d. $189,087
Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) 2,700 4,000 8,000 8,000 Small table lamps Desk lamps Activity Setups 9,150 15,250 44,400 44,400 Total Activity-Base Usage Budgeted Activity Cost 12,000 $102,000 24,400 129,320 77,700 310,800 Inspections Assembly (dlh) The total factory overhead to be allocated to desk lamps is Oa. $456,995 Ob. $228,498 Oc. $587,565 Od. $326,425
I dous Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Units Setups Inspections Assembly (dlh) Small table lamps 3,000 3,900 8,850 40,400 Desk lamps 10,300 7,800 14,750 40,400 Activity Total Activity-Base Usage Budgeted Activity Cost Setups 11,700 $97,110 Inspections 23,600 148,680 Assembly (dlh) 70,700 254,520 The total factory overhead to be allocated to each unit of small table lamps is Oa. S46.72 Ob. S132.36 Oc. S101.22 Od. $77.86
Question Content Area Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information: Line Item Description Units Setups Inspections Assembly (dlh) Small table lamps 4,000 3,200 9,000 41,200 Desk lamps 7,100 6,400 15,000 41, 200 Activity Total Activity - Base Usage Budgeted Activity Cost Setups 9, 600 $ 86,400 Inspections 24,000 120,000 Assembly (dlh) 72,100 353, 290 The total factory overhead to be allocated to desk lamps is a. $167, 240 b. $334, 480 c. $602, 064 d. $434,824
Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Supervision Setup labor Inconing inspection Total overhead Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming material inspection. Data on manufacturing overhead for a representative quarter follow: Standard 17,200 50 $ 30 50 $ 354,750 306,375 296,700 $ 957,825 a. Using current costing system b. Using proposed ABC system Premium 4,300 25 $ 64 75 Exercise 9-35 (algo) Activity-Based Costing (LO 9-4) Required: a. Compute the unit costs for the two products, Standard and Premium, using the current costing system at Benton (using direct labor costs as the allocation basis for overhead). b. Compute the unit costs for the two products, Standard and Premium, using the proposed ABC…
The Dawson Company manufactures small lamps and desk lamps. The following shows the activities per product and the total overhead information: Setups Inspections Assembly (dlh) Small Lamps - 5,000 units 4,000 9,300 43,600 Desk Lamps - 8,300 units 8,000 15,500 43,600 Activity Pool Activity Base Budgeted Amount Setups 12,000 $128,400 Inspections 24,800 $153,760 Assembly (dlh) 76,300 $366,240 Calculate the overhead per unit to be charged to small lamps.
Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Supervision Setup labor Incoming inspection Total overhead Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming material inspection. Data on manufacturing overhead for a representative quarter follow: Standard 14,000 50 $ 30 50 $ 288,750 336,000 241,500 $ 866,250 Premium 3,500 25 $ 64 75 a. Using current costing system b. Using proposed ABC system Exercise 9-35 (algo) Activity-Based Costing (LO 9-4) Required: a. Compute the unit costs for the two products, Standard and Premium, using the current costing system at Benton (using direct lab costs as the allocation basis for overhead). b. Compute the unit costs for the two products, Standard and Premium, using the proposed ABC system…
Consumption Ratios; Activity RatesSaludable Company produces two types of get-well cards: scented andregular. Drivers for the four activities are as follows: ScentedCards RegularCards Inspection hoursSetup hoursMachine hoursNumber of moves 1,0804209602.880 7201802,880720 The following activity data have been collected: Inspecting productsSetting up equipmentMachiningMoving materials $45,00028,50030,72016,200 Required:1. Calculate the consumption ratios for the four drivers (round totwo decimal places).2. CONCEPTUAL CONNECTION Is there evidence of productdiversity? Explain the significance of product diversity for decisionmaking if the company chooses to use machine hours to assign all overhead.3. Calculate the activity rates that would be used to assign costs toeach product (round to two decimal places).4. Suppose that the activity rate for inspecting products is $20 perinspection hour. How many hours of inspection are expected forthe coming year?
Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Supervision Setup labor Incoming inspection Total overhead Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming material inspection. Data on manufacturing overhead for a representative quarter follow: Standard 11,600 50 $ 30 50 $ 239,250 278,400 200, 100 $ 717,750 a. Overhead rate Premium 2,900 25 $ 64 75 Exercise 9-34 (Algo) Activity-Based Costing and Cost Driver Rates (LO 9-4) Required: a. Benton currently applies overhead on the basis of direct labor cost. What is the predetermined overhead rate for the quarter? b. The CFO and the plant controller at Benton are thinking of adopting an ABC system. They have tentatively chosen the following cost drivers: direct labor cost for…