Item5 3.33 points Print References Check my work Check My Work button is not enabled Item 5 Item 5 3.33 points Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost drivers: Activity cost pools Materials handling $ 90,000 Machine maintenance $ 22,500 Cost drivers Number of material moves 500 Number of machine hours 59,800 Required: 1. Calculate Bluefields activity rate for each cost pool. 2. Determine the amount of overhead assigned to Bluefields products of each has the following activity demands: Product A Product B Number of material moves 200 300 Number of machine hours 22,100 37,700

Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.