Use the following data for problems #1 & #2: Belsky Corporation manufactures x-ray machines and has...

Use the following data for problems #1 & #2:

Belsky Corporation manufactures x-ray machines and has provided the following data from its activity-based costing system:

*Activity Cost Pool*	*Total Cost*	*Total Activity*
Assembly	$315,000	30,000	machine-hours
Processing orders	$49,000	1,400	orders
Inspection	$77,000	1,100	inspection-hours

1. Calculate an activity rate for each of Belsky’s three activities that it would use in the final stage of allocating costs to its products. (Hint: See Exhibit 7-7 on page 323 of the text for an example.)

2. Each year Belsky makes 500 units of its X-ray Machines requiring a total of 1,000 machine-hours, 60 orders, and 20 inspection-hours per year. In addition to the costs allocated through the activity pool, the product's direct materials cost is $50 per unit and its direct labor cost is $20 per unit.

Use this information and the activity rates calculated in Problem #1 to find the Unit Cost for one X-ray Machine. (Hint: Your final answer must give the total unit cost for one x-ray machine not the total cost of 500 machines!)

Solutions

Expert Solution

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

2. a. The following data gives the experience of x–ray machine operators and their performance ratings...

2. a. The following data gives the experience of x–ray machine operators and their performance ratings as given by the number of quality x–ray pictures that turned out of 100 pieces. Experience 16 12 18 4 3 10 5 12 Performance Ratings 87 88 89 68 78 80 75 83 As the Health Statistician of the clinic you have been asked to explain the relationship between these two variables i. Use a scatter plot to explain the strength of relationship...

Option #2: Financial Statement Analysis Problems Complete the following problems: 1. For this problem, use the...

Option #2: Financial Statement Analysis Problems Complete the following problems: 1. For this problem, use the following randomly generated list of accounts, placing them in appropriate order to prepare an income statement. Accounts ($000,000) Depreciation 25 General and administrative expenses 22 Sales 345 Sales expenses 18 Cost of goods sold 255 Lease expense 4 Interest expense 3 The following randomly constructed table requires that as part of your Critical Thinking Assignment you arrange the accounts into a well-labeled income statement....

Use the following data to work Problems 1 to 4: The following events have occurred in...

Use the following data to work Problems 1 to 4: The following events have occurred in the history of the United States: A deep recession hits the world economy. The world oil price rises sharply. U.S. businesses expect future profits to fall 1-)Explain for each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them. 2-)Explain the separate effects of each event on U.S. real GDP and the price level, starting from a...

Use the following data to work Problems 1 to 4: The following events have occurred in...

Use the following data to work Problems 1 to 4: The following events have occurred in the history of the United States: A deep recession hits the world economy. The world oil price rises sharply. U.S. businesses expect future profits to fall Explain the separate effects of each event on U.S. real GDP and the price level, starting from a position of long-run equilibrium

Use the following data to work Problems 1 to 4: The following events have occurred in...

Use the following data to work Problems 1 to 4: The following events have occurred in the history of the United States: A deep recession hits the world economy. The world oil price rises sharply. U.S. businesses expect future profits to fall Explain the combined effects of these events on U.S. real GDP and the price level, starting from a position of long-run equilibrium

Use the following data to work Problems 1 to 4: The following events have occurred in...

Use the following data to work Problems 1 to 4: The following events have occurred in the history of the United States: A deep recession hits the world economy. The world oil price rises sharply. U.S. businesses expect future profits to fall. Explain for each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them.

1. Use the following data to answer the questions below. Show your work (x-mx^2 x y...

1. Use the following data to answer the questions below. Show your work (x-mx^2 x y (y-my)^2 (x-m)(y-m) 9 8 9 16 12 9 2 5 0 0 16 1 5 0 0 9 2 8 9 -9 16 9 2 9 -12 9 8 1 16 -12 Sum 68 5 5 Sum 50 Sum -21 x y 8 9 2 5 1 5 2 8 9 2 8 1 What is the covariance between Y and X What is...

Please use the following information to answer the remaining problems: Able Corporation has a project with...

Please use the following information to answer the remaining problems: Able Corporation has a project with the following cash flows and an 9.6% cost of money: Numbers in parentheses are outflows. Both Year 0 and Year 3 cash flows are outflows. Year 0 1 2 3 4 5 6 Cash flow $(351,000) $ 95,000 $186,000 $(300,000) $ 280,000 $260,000 $268,000 23. Please calculate the net present value ______________ 24. Please calculate the profitability indexes (two decimals please)_________________ 25. Please calculate...

Suppose there are two countries: Japan and the United States, producing two goods, x- ray machines...

Suppose there are two countries: Japan and the United States, producing two goods, x- ray machines (x) and yucca plants (y). The following table shows the amount of labor inputs needed to make one unit of output of each of the two commodities in each of the two countries. Suppose Japan has 48 million workers and the United States has 24 million workers. x-ray yucca Japan 12 6 US 2 8 a.) (6 points) Graph the production possibility frontier (PPF)...

Use the following data X f(X) 0 0.10 1 0.15 2 0.30 3 0.20 4 0.15...

Use the following data X f(X) 0 0.10 1 0.15 2 0.30 3 0.20 4 0.15 5 0.10 Graph the probability distribution of X Calculate ?" and ?$. Calculate the interval (?" ± 2?"). Superimpose this interval on the graph of the probability distribution of X. Also, calculate the interval (?" ± ?"). What proportion of the measurements will fall within these intervals? Does this result agree with Chebyshev’s Theorem? The Empirical Rule?

Subjects