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Exam (elaborations) MGT640Quiz Submissions final exam Part 2 Solved (MGT640) $8.99   Add to cart

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Exam (elaborations) MGT640Quiz Submissions final exam Part 2 Solved (MGT640)

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Exam (elaborations) MGT640Quiz Submissions final exam Part 2 Solved (MGT640) Question 1 1 / 1 point Activity Cost Pools Total Cost Total Activity Designing products $387,300 6,310 product design hours Setting up batches $52,678 7366 batch set-ups Assembling products $25,122 4,018 asse...

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  • July 31, 2022
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  • 2020/2021
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MGT 640 Quiz Submissions final exam Part 2 Solved

UMUQuiz Submissions - Final Exam Part 2
Attempt 1
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Question 1 point

Maxx Inc. has provided the following data from its activity-based costing system:

Activity Cost Pools Total Cost Total Activity

Designing products $387,300 6,310 product design hours

Setting up batches $52,678 7366 batch set-ups

Assembling products $25,122 4,018 assembly hours

The activity rate for the “designing products” activity cost pool is:

Answer:

61.38
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Question 2 point

Sasha Company allocates the estimated $187,100 of its accounting department costs to its production and sales departments since the
Department Employees
accounting department supports the other two departments particularly with regard to payroll and accounts payable functions. The costs will be
allocated based on the number of employees using the direct method. Information regarding costs and employees follows:
Accounting 4
Production 25

, MGT 640 Quiz Submissions final exam Part 2 Solved

Sales 15

How much of the accounting department costs will be allocated to the production?
116,937.5
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Answer:

Question 3 point

Medusa Company allocates costs from the payroll department (S1) and the maintenance department (S2) to the molding (P1), finishing (P2),
Number costs
and packaging (P3) departments. Payroll department of areNumber
allocatedofbased
Square
on the number of employees in the department and
maintenance department costs are allocated based on the number of square feet which the production department occupies within the factory.
Department Costs Employees
Information about the departments is presented below:
Feet Occupied
Payroll (S1) $130,000 2 2,000
Maintenance (S2) $220,000 8 64,000
Molding (P1) 64 100,000
Finishing (P2) 45 60,000
Packaging (P3) 19 40,000

Medusa uses the direct method to allocate costs. Round all answers to the nearest dollar.
65,000
What amount of the payroll department costs will be allocated to the molding department?
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Answer:
Question 4 point

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