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Cheyenne & More, Inc. manufactures speakers and receivers and uses activity-based costing. The following information is available: Estimated Estimated Use of Activity Cost Pool
Cheyenne & More, Inc. manufactures speakers and receivers and uses activity-based costing. The following information is available: Estimated Estimated Use of Activity Cost Pool Overhead Cost Driver per Activity Ordering $172,725 24,500 orders Soldering 196,725 64.500 machine hours Inspecting 909,775 120,500 labor hours Packing 850,325 56,500 boxes Compute the activity-based overhead rates. (Round answers to 2 decimal places, e.g. 12.25) Ordering Activity-based overhead rates per order Soldering $ per machine hour Inspecting $ per labor hour Packing per box Novak, Reiser, and Associates, a law firm, employs ABC. The following Estimated data for each of the activity cost pools is provided for 2022: Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity Researching legal issues $ 42,420 1,010 research hours Preparing legal documents 608,000 32,000 pages Meeting with clients 1,773,090 8,910 professional hours During 2022, the firm worked 770 research hours, 10,110 professional hours, and prepared 26,100 document pages. Compute the total overhead applied during the year 2022. Total overhead applied $
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