meh

meh

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University of Vermont

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ANSWERS

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History1Astronomy2Accounting8Economics5
Answer:Whenever the price of a commodity decreases, new buyers enter the marke...
Answer: Microeconomics is the study of individuals and business decisions, whi...
Answer: 2
Answer: A. Weighted Average Cost per Unit = 46.5703 or $46.57 B. LIFO: Ending ...
Answer: November Sales: $200,000 (see step 2) December Sales: $133,333.34 (see...
Answer:The U.S. has a mixed economy, exhibiting characteristics of both capita...
Answer: Microeconomics and macroeconomics are two fields of study involving lo...
Answer:1. margin of safety: 880 (units) or 22,880 (dollars) 2. 85.44% Step-by-...
Answer: see imageStep-by-step explanation:FIFO = first in first out , expense ...
Answer: Io is the moon closest to Jupiter and is considered the most geologica...
Answer:The so called Jovian planets are named after Jupiter, the largest plane...
Answer:Financial ratios are mathematical comparisons of financial statement ac...
Answer: B. A Surplus (quantity supplied is greater than quantity demanded)

Activity-Based Costing and Product Cost Distortion
Digital Storage Concept Inc. is considering a change to activity-based product costing. The company produces two products, cell phones and tablet PCs, in a single production department. The production department is estimated to require 4,000 direct labor hours. The total indirect labor is budgeted to be $705,600.
Time records from indirect labor employees revealed that they spent 60% of their time setting up production runs and 40% of their time supporting actual production.
The following information about cell phones and tablet PCs was determined from the corporate records:
Number of
Setups Direct Labor
Hours Units
Cell phones 1,600 2,000 84,000
Tablet PCs 800 2,000 84,000
Total 2,400 4,000 168,000

If required, round your answers to the nearest cent.
a. Determine the indirect labor cost per unit allocated to cell phones and tablet PCs under a single plantwide factory overhead rate system using the direct labor hours as the allocation base.
Cell phones $ per unit
Tablet PCs $ per unit
b. Determine the budgeted activity costs and activity rates for the indirect labor under activity-based costing. Assume two activities—one for setup and the other for production support.
Budgeted Activity Cost Activity Rate
Setup $ $ per setup
Production support $ $ per direct labor hour
c. Determine the activity cost per unit for indirect labor allocated to each product under activity-based costing.

Cell phones $ per unit
Tablet PCs $ per unit

Answer: a. $4.20 per unit of Cell Phones and $4.20 per unit of Tablet PCs b. B...
Answer: ContainmentStep-by-step explanation:In 1947, President Harry S. Truman...
Answer: $64; $40Step-by-step explanation:Direct Budgeted includes both labor a...

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