Flynn Industries has three activity cost pools and two products. It expects to produce 2,200 units of Product BC113 and 1,430 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers.Annual Overhead data Expected Use of Cost Drivers per ProductActivity Cost Pools Cost Drivers Estimated Overhead Expected Use of Cost Drivers per Activity Product BC113 Product AD908Machine setup Setups $19,608 38 21 17Machining Machine hours 123,650 4,945 1,122 3,824Packing Orders 33,530 479 192 287Using the above data, do the following:Prepare a schedule showing the computations of the activity-based overhead rates per cost driver.Activity Cost Pools Estimated Overhead Expected Use of Cost Drivers per Activity Activity-Based Overhead RatesMachine setup $_______ _______setups $_____ per setupMachining ________ _______machine hours $_____ per machine hr.Packing ________ _______orders 192 287$______ Prepare a schedule assigning each activity's overhead cost to the two products.BC113 AD908Activity Cost Pools Expected Use of Cost Drivers per Product Activity-Based Overhead Cost Assigned Expected Use of Cost Drivers per Product Activity-Based Overhead Rates Cost AssignedMachine setup $ $ $ $Machining $ $ Packing $ $ Total assigned $ $Compute the overhead cost per unit for each product. Round answers to 2 decimal places.BC113 AD908Overhead cost per unit
Each business day, on average, a company writes checks totaling $13,200 to pay its suppliers. The usual clearing time for the checks is four days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $23,800. The cash from the payments is available to the firm after two days.A. Calculate the companys disbursement float, collection float, and net float.B. If the collected funds were available in one day instead of two, what would be the company's disbursement float, collection float, and net float?
Riegel Co uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at 12/31/17, consists of products D, E, F, G, H, and I. Relevant per unit data for these products are: Item D Item E Item F Item G Item H Item IEstimated selling price $120 $110 $95 $90 $110 $90Cost 75 80 80 80 50 36Cost to complete 30 30 25 35 30 30Selling costs 10 18 10 20 10 20Required:Using the LCNRV rule, determine the proper unit value for the statement of financial position reporting purposes on December 31, 2014, for each of the inventory items above.
Which of the following should you do during an interview? Question 2 options: Demand specific benefits. Explain why your previous job was wrong for firing you. Tell stories of how you worked with others to complete a project or solve problems. Tell them you do not plan on learning any new technology skills.
Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the company has more than 664 aircraft and 65,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following:_____.Delivery truck cost$51,000Accumulated depreciation35,900Required:Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)a. $15,100 cashb. $17,300 cashc. $13,600 cash
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 65. Furthermore, the standard deviation for BX-5 was 7. Ms. Flynn would like to maintain a 95% service level. z=1.65a. What safety stock level do you recommend for BX-5?b. What is the appropiate reorder point?