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https://www.math Principles of Managerial Accounting Web Summer 2018 Test: Exam

ID: 2431735 • Letter: H

Question

https://www.math Principles of Managerial Accounting Web Summer 2018 Test: Exam 4/Final Exam This Question: 1 pt Justin Gladden &1 7/27/18 10:40 AM Time Remaining: 01.4257 Submit Test This Test: 35 pts manufactures coffee tables and uses an activity- based costing system to allocate all manufacturing conversion costs Each coffee table consists of 40 separate parts totaling $20 m direc aterauof netime toduce Addional td Allocation Base Materials handling Number of parts Cost Allocation Rate $1.00 per part S3.00 per machine hour $2.00 per part $7.00 per finished unit Activity Machine hours AssemblingNumber of parts Number of finished units What is the total manufacturing cost per coffee table? OA. $120.00 O B. $418.00 O C. $148.00 O D. $411.00

Explanation / Answer

B. $418.00

Handling(40 parts × 1.00) $40 Machining(7 hrs × 3) $21 Assembly(40 parts × 2.00) $80 Packaging $7 Direct materials $270 Total $418