Calculate overhead assigned
HW 40 Help Save & Et Check 6 neun EU HURROUVE E4-12 and E4-13 Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost driver but is considering switching to an activity based costing system. In preparation for the possible switch, Bunker has identified two activity cost pools materials handling and setup. Pertinent data follow: 2 points 03:40:16 Number of labor hours Member of material moves Number of wetups Pabric Case Leather Case 20,000 10,000 819 1,131 84 156 Book Total estimated overheau costs are $315,900, of which $253,500 is assigned to the materials handling cost pool and $62.400 is assigned to the setup cost pool. E4-12 (Algo) Assigning Costs Using Traditional System, ABC System (LO 4-1, 4-3, 4-4,4-5, 4-6) Print 0 Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. 2. Calculate the overhead assigned to the fabric case using ABC 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. (Do not round Intermediate calculations and round your final answer to the nearest whole dobar amount.) Overhead Antugnad Required 2 > MAC Gram stin Smith L pages 6 neyume UFRUIR E4-12 and E4-13 Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost driver but is considering switching to an activity based costing system. In preparation for the possible switch, Bunker has identified two activity cost pools: materials handling and setup. Pertinent data follow Fabric Case Leather Case Number of labor hours 20,000 10,000 Number of material moves 819 1,131 Number of setups 84 156 points 8 09:4105 eBook Total estimated overhead costs are $315,900, of which $253,500 is assigned to the materials handling cost pool and $62.400 is assigned to the setup cost pool. E4-12 (Algo) Assigning Costs Using Traditional System, ABC System (LO 4-1,4-3,4-4,4-5, 4-6] Print Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. 2. Calculate the overhead assigned to the fabric case using ABC. 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the overhead assigned to the fabric case using ABC. (Round activity rates or activity proportions and intermediate calculations to four decimal places. Round your final answer to 2 decimal places.) Overeed Assigned Required 1 Required 3 > MC Gew Austin Smith L pages HW 40 Saved Help 6 neyun UHUHUVI! E4-12 and E4-13 Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost driver but is considering switching to an activity-based costing system. In preparation for the possible switch, Bunker has identified two activity cost pools: materials handling and setup. Pertinent data follow. 2 points 03:40:55 Number of labor hours Number of material moves Number of setups Fabric Case Leather Case 20,000 10,000 1,131 84 156 819 eBook Total estimated overhead costs are $315,900, of which $253,500 is assigned to the materials handling cost pool and $62.400 is assigned to the setup cost pool. Hint E4-12 (Algo) Assigning Costs Using Traditional System, ABC System (LO 4-1, 4-3, 4-4,4-5, 4-6] Print Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. 2. Calculate the overhead assigned to the fabric case using ABC 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Was the fabric case over- or undercosted by the traditional cost system compared to ABC? Fabria Case Over-costed
