Examlex

Solved

Figure 4-21 Jones Manufacturing Uses an Activity-Based Costing System

question 61

Multiple Choice

Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows:
Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows:   The following overhead costs are reported for the following activities of the production process:   Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below:   Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment. - Refer to Figure 4-21.Under this new approach using consumption ratios for labor related and machine hours, the overhead cost assigned to Model X would be? (round to 5 decimal places)  A)  $74,179.50 B)  $209,099.89 C)  $255,000 D)  $435,870.50 The following overhead costs are reported for the following activities of the production process:
Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows:   The following overhead costs are reported for the following activities of the production process:   Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below:   Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment. - Refer to Figure 4-21.Under this new approach using consumption ratios for labor related and machine hours, the overhead cost assigned to Model X would be? (round to 5 decimal places)  A)  $74,179.50 B)  $209,099.89 C)  $255,000 D)  $435,870.50 Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below:
Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows:   The following overhead costs are reported for the following activities of the production process:   Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below:   Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment. - Refer to Figure 4-21.Under this new approach using consumption ratios for labor related and machine hours, the overhead cost assigned to Model X would be? (round to 5 decimal places)  A)  $74,179.50 B)  $209,099.89 C)  $255,000 D)  $435,870.50 Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment.
-
Refer to Figure 4-21.Under this new approach using consumption ratios for labor related and machine hours, the overhead cost assigned to Model X would be? (round to 5 decimal places)


Definitions:

Clear-cut

A forestry or logging practice where all trees in an area are uniformly cut down, often used for timber production but criticized for environmental impact.

Acid Soils

Soils with a pH level below 7, often resulting from heavy rainfall, certain parent material, or anthropogenic sources, which can affect plant growth and soil biology.

Alkaline Soil

Soil with a pH value above 7, characterized by a high concentration of carbonate and bicarbonate ions, affecting nutrient availability and plant growth.

Clear-cutting

A logging practice where all the trees in a designated area are uniformly cut down.

Related Questions