The Cosmo Corporation manufactures and assembles office chairs.Cosmo uses an activity-based costing system to allocate all manufacturing conversion costs.Each chair consists of 15 separate parts totaling $125 in direct materials,and requires 2.0 hours of machine time to produce.Additional information follows:

What is the number of finished office chairs?
A)20
B)100
C)250
D)Cannot be determined from the information given

Question

The Cosmo Corporation manufactures and assembles office chairs.Cosmo uses an activity-based costing system to allocate all manufacturing conversion costs.Each chair consists of 15 separate parts totaling $125 in direct materials,and requires 2.0 hours of machine time to produce.Additional information follows:

What is the number of finished office chairs?

What is the number of finished office chairs?
A)20 
B)100 
C)250 
D)Cannot be determined from the information given

Quizplus · Accepted Answer

The Answer of The Cosmo Corporation manufactures and assembles office chairs.Cosmo uses an activity-based costing system to allocate all manufacturing conversion costs.Each chair consists of 15 separate parts totaling $125 in direct materials,and requires 2.0 hours of machine time to produce.Additional information follows:

What is the number of finished office chairs?
A)20 
B)100 
C)250 
D)Cannot be determined from the information given

The Cosmo Corporation Manufactures and Assembles Office Chairs