During September, 40,000 units were produced. The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been
Zipp Company manufactures two products (X and Y). The overhead costs ($84,000) have been divided into three cost pools that use the following activity drivers:
Product Number of Setups Machine Hours Packing Orders
X 10 500 75
Y 10 2,000 175
Cost per pool $9,000 $60,000 $15,000
What is the allocation rate per packing order using activity-based costing?
Question 49 If a support department's costs were budgeted to be $150,000 and actual costs incurred by the support department were $200,000, the total amount of the support department's costs that should be allocated to other departments is
The solution computes material quantity variance, activity cost for a given scenario.