Question :
Answer the following questions using the information below:
The Charmatz Corporation : 1211854
Answer the following questions using the information below:
The Charmatz Corporation has a central copying facility. The copying facility has only two users, the Marketing Department and the Operations Department. The following data apply to the coming budget year:
Budgeted costs of operating the copying facility
for 400,000 to 600,000 copies:
Fixed costs per year$60,000
Variable costs3 cents (.03) per copy
Budgeted long-run usage in copies per year:
Marketing Department120,000 copies
Operations Department380,000 copies
Budgeted amounts are used to calculate the allocation rates.
Actual usage for the year by the Marketing Department was 80,000 copies and by the Operations Department was 360,000 copies.
11) If a single-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the Marketing Department?
A) $18,000
B) $3,600
C) $14,400
D) $16,800
12) If a single-rate cost-allocation method is used, what amount of copying facility costs will be allocated to the Marketing Department? Assume actual usage is used to allocate copying costs.
A) $16,800
B) $18,000
C) $12,000
D) $9,600
13) If a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the Operations Department?
A) $57,000
B) $56,400
C) $60,490
D) $59,890
14) If a dual-rate cost-allocation method is used, what amount of copying facility costs will be allocated to the Operations Department? Assume budgeted usage is used to allocate fixed copying costs and actual usage is used to allocate variable copying costs.
A) $60,490
B) $59,890
C) $57,000
D) $56,400
Answer the following questions using the information below:
The Speedjet Aircraft Corporation has a central materials laboratory. The laboratory has only two users, the Large Plane Department and the Small Plane Department. The following data apply to the coming budget year:
Budgeted costs of operating the materials laboratory
for 100,000 to 200,000 technician hours per year:
Fixed costs per year$8,000,000
Variable costs$70 per technician hour
Budgeted long-run usage in hours per year:
Large Plane Department80,000 technician hours
Small Plane Department70,000 technician hours
Budgeted amounts are used to calculate the allocation rates.
Actual usage for the year by the Large Plane Department was 70,000 technician hours and by the Small Plane Department was 65,000 technician hours.
15) If a single-rate cost-allocation method is used, what is the allocation rate per hour used?
A) $97.33
B) $123.33
C) $146.67
D) $113.33
16) If a dual-rate cost-allocation method is used, what amount of materials laboratory costs will be budgeted for the Large Plane Department?
A) $9,866,667
B) $8,226,667
C) $9,781,333
D) $9,881,333
17) If a single-rate cost-allocation method is used, what amount of materials laboratory costs will be allocated to the Large Plane Department? Assume actual usage is used to allocate copying costs.
A) $8,166,666.67
B) $8,766,666.67
C) $8,433,333.33
D) $8,633,333.33
18) If a dual-rate cost-allocation method is used, what amount of materials laboratory costs will be allocated to the Large Plane Department? Assume budgeted usage is used to allocate fixed materials laboratory costs and actual usage is used to allocate variable materials laboratory costs.
A) $9,133,333
B) $9,166,667
C) $9,466,667
D) $9,666,667
19) If a dual-rate cost-allocation method is used, what amount of materials laboratory costs will be budgeted for the Small Plane Department?
A) $10,575,000
B) $9,633,333
C) $8,433,333
D) $8,633,333
20) If a dual-rate cost-allocation method is used, what amount of materials laboratory costs will be allocated to the Small Plane Department? Assume budgeted usage is used to allocate materials laboratory costs and actual usage is used to allocate variable materials laboratory costs.
A) $8,225,000
B) $8,050,000
C) $8,483,333
D) $8,783,333
