Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1... 2 E4-3, E4-4 and E4-5 Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Part

1...

image text in transcribed

image text in transcribed

2 E4-3, E4-4 and E4-5 Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Part 2 of 3 Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $265, 320 Number of machine hours 64,525 Number of design hours 71,450 Number of batches Estimated Cost Driver 73, 700 7,250 500 1.87 points Skipped E4-4 (Algo) Assigning Costs Using Activity Rates (LO 4-4] eBook Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Hint Print References Number of machine hours Number of design hours Number of batches Product A Product B Product c 27,000 37,000 9,700 2,900 1,650 2,700 60 180 260 Required: Using activity rates, determine the amount of overhead assigned to each product. (Do not round intermediate calculations.) Total Overhead Assigned Product A Product B Product C Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $265,320 Number of machine hours 64,525 Number of design hours 71,450 Number of batches Estimated Cost Driver 73,700 7,250 500 E4-5 (Algo) Assigning Costs Using Activity Proportions [LO 4-5, 4-6) Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine hours Number of design hours Number of batches Product A Product B Product c 27,000 37,000 9,700 2,900 1,650 2,700 60 180 260 Required: 1. Using activity proportions, determine the amount of overhead assigned to each product. (Do not round your intermediate calculations. Round your final answers to nearest whole number.) Total Overhead Assigned Product A Product B Product C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Describe the five elements of the listening process.

Answered: 1 week ago