71.What is the Fabrication Department overhead rate per machine hour?
a. $10.50
b. $9.00
c. $8.12
d. $3.75
72.All of the following can be used as an allocation base for calculating factory overhead rates
except:
a.direct labor dollars
b.direct labor hours
c.machine hours
d.total units produced
73.Which of the following are the two most common allocation bases for factory overhead?
a.Total overhead dollars and machine hours
b.Direct labor hours and machine hours
c.Direct labor hours and factory expenses
d.Machine hours and factory expenses
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, andwire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activitybase data by product are provided below.
|
Activity
Cost
|
Activity Base
|
|
Procurement
|
$ 370,000
|
Number of purchase orders
|
|
Scheduling
|
250,000
|
Number of production orders
|
|
Materials handling
|
500,000
|
Number of moves
|
|
Product development
|
730,000
|
Number of engineering changes
|
|
Production
|
1,500,000
|
Machine hours
|
|
|
|
|
?Number
of
Purchase
Orders
|
Number
of
Production
Orders
|
?
Number
of
Moves
|
?
Number of Engineering
Changes
|
?
?
Machine
Hours
|
?
Number
of
Units
|
Disk drives
|
4,000
|
300
|
1,400
|
10
|
2,000
|
2,000
|
Tape drives
|
4,000
|
150
|
800
|
10
|
8,000
|
4,000
|
Wire drives
|
12,000
|
800
|
4,000
|
25
|
10,000
|
2,500
|
|
|
|
|
|
|
|
|
|
|
74.Determine the activity rate for procurement per purchase order.
a. $43.53
b. $18.50
c. $15.42
d. $37.00
75.Determine the activity rate per production order for scheduling.
a. $200.00
b. $20.00
c. $29.41
d. $10.42
76.Determine the activity rate for materials handling per move.
a. $58.82
b. $50.00
c. $20.83
d. $80.65
77.Determine the activity rate for product development per change.
a. $73,000
b. $8,588
c. $30,417
d. $16,222
78.Determine the activity rate for production per machine hour.
a. $62.50
b. $150.00
c. $75.00
d. $176.47
79.Determine the activity-based cost for each disk drive unit.
a. $92.25
b. $130.69
c. $394.12
d. $279.57
80.Determine the activity-based cost for each wire drive unit.
a. $204.13
b. $173.51
c. $744.06
d. $394.12