Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. Compute an activity rate for each activity using activity-based costing. 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
3. Compute an activity rate for each activity using activity-based costing. 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (M) Setups Activity Usage Job 31 Job 42 240 520 29 35 60 60 5 7 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours. Numerator Denominator Room Required 2 > 3. Compute an activity rate for each activity using activity-based costing. 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity Usage Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (MH) Setups Job 31 240 29 60 5 Job 42 520 35 60 7 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Job 31 used 240 direct labor hours and Job 42 used 520 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Allocated Job 31 Job 42 3. Compute an activity rate for each activity using activity-based costing, 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing, Activity Usage Activity Cost Driver Job 31 Job 42 Direct labor hours (DLR) 520 Engineering hours (EH) 29 35 Machine hours (MH) 60 Setups 7 240 60 5 Complete this question by entering your answers in the tabs below. es Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) THE Budgeted Cost Budgeted Activity Usage Activity Rate Activity Assembly Product design Electricity Setup VIR Saved Help Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (MH) Setupa Job 31 240 29 60 5 Job 42 520 35 60 7 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Allocate overhead costs to Job 31 and Job 42 using activity-based costing. (Round "Activity Rate to 2 decimal places). Allocato overhead to Job 31 Activity Activity Usago Activity Rate Allocated Cost Assembly Product design Electricity Setup Total Allocate overhead to Job 42 Activity Activity Usage Activity Rate Allocated Cost Assembly Product design Electricity Setup Total 3. Compute an activity rate for each activity using activity-based costing. 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity Usage Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (MH) Setups Job 31 240 29 60 5 Job 42 520 35 60 7 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Job 31 used 240 direct labor hours and Job 42 used 520 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Allocated Job 31 Job 42 3. Compute an activity rate for each activity using activity-based costing, 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing, Activity Usage Activity Cost Driver Job 31 Job 42 Direct labor hours (DLR) 520 Engineering hours (EH) 29 35 Machine hours (MH) 60 Setups 7 240 60 5 Complete this question by entering your answers in the tabs below. es Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) THE Budgeted Cost Budgeted Activity Usage Activity Rate Activity Assembly Product design Electricity Setup VIR Saved Help Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (MH) Setupa Job 31 240 29 60 5 Job 42 520 35 60 7 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Allocate overhead costs to Job 31 and Job 42 using activity-based costing. (Round "Activity Rate to 2 decimal places). Allocato overhead to Job 31 Activity Activity Usago Activity Rate Allocated Cost Assembly Product design Electricity Setup Total Allocate overhead to Job 42 Activity Activity Usage Activity Rate Allocated Cost Assembly Product design Electricity Setup Total

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

Intermediate Accounting Volume 1

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

13th Canadian Edition

1119740460, 978-1119740469

More Books

Students also viewed these Accounting questions

Question

=+What is the brand's character or personality?

Answered: 1 week ago