Business, 12.02.2020 05:47, tayjohn9774
Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product A6 Product I5 Total
Labor-related DLHs $191,138 8,200 2,800 11,000
Production orders Orders 44,624 900 1,100 2,000
Order size MHs 183,147 5,600 5,700 11,300
The activity rate for the Order Size activity cost pool under activity-based costing is closest to:
Answers: 3
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Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?
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Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an act...
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