Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bluefield has decided to use an ABC costing system and has identified the following detailed information about its activity pools and cost drivers: Activity
Bluefield has decided to use an ABC costing system and has identified the following detailed information about its activity pools and cost drivers: Activity pools Materials handling. Machine maintenance Cost drivers Number of material moves Number of machine hours $ 71,820 $ 8,510 570 37,000 Required: 1. Calculate Bluefield's activity rate for each activity pool. 2. Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: Number of material moves Number of machine hours. Product A Product B 290 17,800 280 19,200 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Bluefield's activity rate for each activity pool. Note: Round your final answer for per material moves to nearest dollar amount and per machine hour to 4 decimal places. Activity Rate Materials Handling Machine Maintenance per Material Move per Machine Hour Required t Required 2 >
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started