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Current Attempt in Progress Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of
Current Attempt in Progress Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers. Annual Overhead Data Activity Cost Pools Cost Drivers Estimated Use of Cost Drivers per Product Estimated Use of Cost Product Drivers per Activity BC113 45 26 4,980 1,030 550 100 Machine setup Machining Packing Estimated Overhead $18,000 99,600 27,500 Setups Machine hours Orders Product AD908 19 3,950 450 Using the above data, do the following: (a) Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity Activity-Based Overhead Rates Machine setup $ setups $ per setup per machi hr. Machining machine hours $ Packing orders $ per order $
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