Question
BC Company uses activity-based costing and has determined the following activity rates for each cost driver: Machining = $10 per machine hour Direct labor =
BC Company uses activity-based costing and has determined the following activity rates for each cost driver: Machining = $10 per machine hour
Direct labor = $4 per direct labor hour Inspection = $5 per inspection hour
Calculate the amount of overhead assigned to Job 123 based on the following amounts of driver activity incurred:
Machining time = 640 hours; Machining activity cost assigned =
Direct labor time = 240 hours; Direct labor activity cost assigned =
Inspection time = 32 hours; Inspection activity cost assigned =
Please show full calculations. TIA!
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