Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $816,000, divided into four activities: fabrica

image text in transcribed
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $816,000, divided into four activities: fabrica $384,000; assembly, $132,000; setup, $162,000; and inspection, $138,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication 6,000 dlh Assembly 16,500 din Setup 43 setups Inspection 75 inspections Speedboat Bass boat 18,000 5,500 525 24,000 dih 22,000 dih 360 setups 600 inspections Each product is budgeted for 5,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication Assembly $ $ $ $ 16 6 450 230 per direct labor hour per direct labor hour per setup per inspection Setup Inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $ 163.2 x per unit Bass boat per unit Feedback

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_2

Step: 3

blur-text-image_3

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

Audit Risk Assessment Made Easy Seeing What Others Miss

Authors: Charles Hall

1st Edition

0578961679, 978-0578961675

More Books

Students also viewed these Accounting questions

Question

=+c) Show that C is perfect [A15].

Answered: 1 week ago

Question

What are the HRM implications of this type of merger?

Answered: 1 week ago

Question

What is an RPIC, and where was it required?

Answered: 1 week ago