Question
Do It! Review 17-02 a-c (Part Level Submission) Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product
Do It! Review 17-02 a-c (Part Level Submission) 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 Estimated Use of Cost Drivers per Product Activity Cost Pools Cost Drivers Estimated Overhead Estimated Use of Cost Drivers per Activity Product BC113 Product AD908 Machine setup Setups $18,000 45 26 19 Machining Machine hours 99,600 4,980 1,030 3,950 Packing Orders 27,500 550 100 450 Using the above data, do the following: Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. 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 $Entry field with correct answer 18000 Entry field with correct answer 45 setups $Entry field with incorrect answer 200 per setup Machining Entry field with correct answer 99600 Entry field with correct answer 4980 machine hours $Entry field with incorrect answer 10 per machine hr. Packing Entry field with correct answer 27500 Entry field with correct answer 550 orders $Entry field with incorrect answer 25 per order $Entry field with correct answer 145100 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Attempts: 3 of 3 used Collapse question part (b) Partially correct answer. Your answer is partially correct. Try again. Prepare a schedule assigning each activitys overhead cost to the two products. BC113 AD908 Activity Cost Pools Estimated Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned Estimated Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned Machine setup Entry field with correct answer 26 $Entry field with incorrect answer $Entry field with incorrect answer 90 Entry field with incorrect answer $Entry field with incorrect answer $Entry field with incorrect answer Machining Entry field with correct answer 1030 $Entry field with incorrect answer Entry field with incorrect answer 9960 Entry field with incorrect answer $Entry field with incorrect answer Entry field with incorrect answer Packing Entry field with correct answer 100 $Entry field with incorrect answer Entry field with incorrect answer 1100 Entry field with incorrect answer $Entry field with incorrect answer Entry field with incorrect answer Total assigned costs $Entry field with incorrect answer $Entry field with in correct answer Click if you would like to Show Work for this question: Open Show Work
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