Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 Sulton Company uses an activity based costing system. At the beginning of the year, the comparvy made the following estimates of cost and activity

image text in transcribed
image text in transcribed
image text in transcribed
1 Sulton Company uses an activity based costing system. At the beginning of the year, the comparvy made the following estimates of cost and activity for its five activity cost pools: 333 point Activity Cost Pool Labor-related Purchase orders Parts Management Board etching General factory Activity Measure Direct labor-hours Hvaber of orders Humber of part types Number of boards Machine-hours Expected Overhead Cost $ 165,200 $ 13,020 $ 32,840 $ 92,400 $ 128,100 Expected Activity 41,300 US 217 orders 100 part types 1.680 boards 18,300 Required: 1 Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows Rece Producto 6, Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Parts managesent (part types) Board etchine (boards) General factory (s) Product 7,400 60 38 340 2,600 Expected Activity Product Product 24,400 3,500 29 05 18 38 700 650 6,200 4.000 15 0 5,500 Using the ABC data determine the total amount of overhead cost assigned to each product. 15 Parts management part types) Board etching (hoards General factory () 38 340 2,600 18 700 6,280 38 640 4,000 5,589 333 points Using the ABC data, determine the total amount of overhead cost assigned to each product ebook Complete this question by entering your answers in the tabs below. int Print Required 1 Required 2 References Compute the activity rate for each of the activity cost pools Activity Cost Pool Laborrelated Purchase orders Parts management Board etching General factory Activity Rate per DLH per order per part type per board per MH ce Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 nces Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Overhead Cost Overhead Cost Overhead Cost Activity Cost Pool Assigned Assigned Assigned Assigned Product A Product B Product C Product D Labor-related (DLHs) Purchase orders (orders) Parts management (bart types) Board etching (boards) General factory (MHS) Total $ 0 $ 0 $ 05 0

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

Management Accounting Evolution Not Revolution

Authors: Michael Bromwich, Al Bhimani

1st Edition

0908269137, 978-0908269136

More Books

Students also viewed these Accounting questions

Question

WHAT IS AUTOMATION TESTING?

Answered: 1 week ago

Question

What is Selenium? What are the advantages of Selenium?

Answered: 1 week ago

Question

Explain the various collection policies in receivables management.

Answered: 1 week ago