3estimated manufacturing overhead cost actual manufacturing overhead cost estimated direct-labor cost actual direct-labor cost inventory balances on dec 31, 2017were as follows (before any adjustments): account ending balance work-in-process 20,520 $ finished goods 59,280 $ costs of goods sold 148,200 $ finished goods costs of goods sold a. $304,330 $697,450 b. $245,050 $552,250 c. $246,500 $552,500 d. $245,830 $551,200 e. $178,280 $376,200 4 b/b 10 b/b 25 dm 60 dl 55 oh 130 e/b 20 e/b 43 mc cgm cogs a. 245 265 283 b. 265 245 227 c. 245 235 217 d. 255 265 247 e. none of the above what is the ending balance of the three accounts at the end of the year (after under- or over-applied overhead costs are allocated)? $71,220 $50,700 $51,000 $50,970 $145,520 $ 125,000 $ 119,000 $ 250,000 $ 228,000 dickens company produces a line of non-motorized boats. dickens uses a job-order costing system and applies manufacturing overhead cost using direct-labor cost. the following data are for 2017: 2017 direct-labor cost in ending balance $ 50,700 $

Amanda works as an industrial designer

Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.