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Aerotech International Inc. of Montreal has supported a research and development (R&D) department that for many years has been the sole contributor to the company's

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Aerotech International Inc. of Montreal has supported a research and development (R&D) department that for many years has been the sole contributor to the company's new products. The R&D activity is an overhead cost centre that provides services only to in house manufacturing departments (four different product lines), all of which produce aerospace-related products. The department has never sold its services outside, but because of its long history of success, larger manufacturers of aerospace products have approached Aerotech to hire its R&D department for special projects. Because the costs of operating RD department have been spiralling uncontrollably, Aerotech's management is considering taking on these outside contracts to absorb the increasing costs. However, managers don't have any cost basis for charging R&D services to outsiders, and they need to gain control of their R&D costs. Management decides to implement an activity based costing system in order to determine the charges for both outsiders and the in-house users of the department's services D R&D activities fall into four pools with the following annual costs: Market analysis Product design $945.000 2.120.600 Product development Prototype testing $3.240.000 1.260,000 Analysis determines that the appropriate cost drivers and their usage for the four activities are as follows: Activities Market analysis Product design Product development Prototype testing Cost Drivers Hours of analysis Number of designs Number of products Number of tests Total Estimated Drivers 13,500 hours 2.300 designs 80 products 450 tests Calculate the activity-based overhead rate for each activity cost pool. Market analysis $ per hour of analysis Product design $ per design Product development TA per product Prototype testing $ per test How much cost would be charged to an in-house manufacturing department that consumed 1,620 hours of market analysis time, was provided with 250 designs relating to products, and requested 83 engineering tests? Market analysis Product design Product development Prototype testing $ Total overhead assigned How much cost would serve as the basis for pricing an R&D bid with an outside company on a contract that would consume 720 hours of analysis time, require 160 designs relating to three products, and result in 63 engineering tests? Market analysis Product design Product development Prototype testing Total overhead assigned $

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