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
UMUQuiz Submissions - Final Exam Part 2
Attempt 1
Feedback after End of Due Date
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
View Feedback
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
View Feedback
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
