Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost drivers Activity

image text in transcribedimage text in transcribed

Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost drivers Activity cst pools Materials handling Machine maintenance $30,000 $22.500 Cost drivers Number of material noves 500 59,00 ber of machine hours Required: 1 Calculate Bluefield's activity rate for each cost 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 sachine hours Product Product 200 300 37,700 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Bluefield's activity rate for each cost pool. (Round your final answer for per material moves to nearest dollar amount and per machine hour to 4 decimal places) Activity Rate Mates Handing per Materal Move Machine Maintenance per Machine Hour Required 2> Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: (Round intermediate calculations to 4 decimal places and your final answers to 2 decimal places.) Number of material moves Number of machine hours Product A Product B Total Overhead Assigned Product A Product B 200 22,100 300 37,700 Show less A

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

Step: 3

blur-text-image

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

Intermediate Accounting

Authors: kieso, weygandt and warfield.

IFRS Edition

978-1118443965, 1118800532, 9781118800539, 978-0470873991

More Books

Students also viewed these Accounting questions

Question

Explain the reasons why the insurance industry is regulated.

Answered: 1 week ago