Chapter 17 Question 6 of 6 View Policies Current Attempt in Progress -/10 E Sheffield Company operates a snow-removal service. The company owns five trucks, each of which has a snow plow in the front to plow driveways and a snow thrower in the back to clear sidewalks. Because plowing snow is very tough on trucks, the company incurs significant maintenance costs. Truck depreciation and maintenance represents a significant portion of the company's overhead. The company removes snow at residential locations, in which case the drivers spend the bulk of their time walking behind the snow- thrower machine to clear sidewalks. On commercial jobs, the drivers spend most of their time plowing. Sheffield assigns overhead based on labor hours. Total estimated overhead costs for the year are $42.800. Total estimated labor hours are 1,000 hours. The average residential property requires 0.5 hours of labor, while the average commercial property requires 2.5 hours of labor. The following additional information is available. Estimated Use of Activity Cost Pools Estimated Cost Drivers Cost Drivers Overhead per Activity Plowing Square yards of surface plowed $38,600 193,000 Snowthrowing Linear feet of sidewalk cleared $4,200. 42,000 Determine the predetermined overhead rate under traditional costing. (Round answer to 2 decimal places, e.g. 12.25.) Predetermined overhead rate /labor hour Question 6 of 6 -/10 E Determine the amount of overhead assigned to the average residential job using traditional costing based on labor hours. (Round answer to 2 decimal places, e.g. 12.25.) Amount of overhead assigned eTextbook and Media Question Part Score Determine the activity-based overhead rates for each cost pool. (Round answers to 2 decimal places, e.g. 12.25.) Plowing Snowthrowing eTextbook and Media Activity Based Overhead Rate. per square yard per linear foot estion 6 of 6 Snowthrowing eTextbook and Media Question Part Score per linear foot -/10 E Determine the amount of overhead assigned to the average residential job using activity-based costing. Assume that the average residential job has 20 square yards of plowing and 60 linear feet of snow throwing (Round answer to 2 decimal places, es 12.50.) Amount of overhead assigned $ eTextbook and Media Question Part Score Save for Later -4