Business, 05.03.2021 03:30 WhitneyNH4261

Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Total Activity Fabrication 40,000 machine-hours Order processing 200 orders Other Not applicable The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data concerning its costs: Wages and salaries $ 360,000 Depreciation 140,000 Occupancy 160,000 Total $ 660,000 The distribution of resource consumption across activity cost pools is given below: Activity Cost Pools Total Fabricating Order Processing Other Wages and salaries 35% 40% 25% 100% Depreciation 5% 55% 40% 100% Occupancy 30% 45% 25% 100% The activity rate for the Order Processing activity cost pool is closest to:

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 13:20

On july 9, mifflin company receives a $7,400, 90-day, 6% note from customer payton summers as payment on account. compute the amount due at maturity for the note. (use 360 days a year.)

Answers: 1

Answer

Business, 22.06.2019 04:00

The simple interest in a loan of $200 at 10 percent interest per year is

Answers: 2

Answer

Business, 22.06.2019 11:40

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?

Answers: 2

Answer

Business, 22.06.2019 21:10

You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?

Answers: 1

Answer

You know the right answer?

Leaper Corporation uses an activity-based costing system with the following three activity cost pool...

Questions