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Accounting Dana Accounting Corporation (DAC), employs activity-based costing (ABC) The following budgeted data for each of the activity cost pools is provided for the year

Accounting

Dana Accounting Corporation (DAC), employs activity-based costing (ABC) The following budgeted data for each of the activity cost pools is provided for the year 2019.

Activity Estimated Overhead Expected Use of Cost Drivers per Activity
Meeting with clients 5,000,000.00 100000 hours
Preparing accounting files 500,000.00 50000 pages
Reviewing files 450,000.00 9000 hours

During 2019 DAC had 8500 hours reviewing files, prepared 55000 pages, and 80000 with clients.

Requirements

  1. Compute the predetermined overhead allocation rates for each cost pool.
  2. Compute the total overhead allocated during 2019.

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