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Do It! Review 17-2 (Part Level Submission) Flynn Industries has three activity cost pools and two products. It expects to produce 2,390 units of Product
Do It! Review 17-2 (Part Level Submission) Flynn Industries has three activity cost pools and two products. It expects to produce 2,390 units of Product BC113 and 1,010 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 Expected Use of Cost Drivers per Product Expected Use of Cost Product Drivers per Activity BC113 Product AD908 37 Estimated Overhead $18,759 91,368 32,274 25 Activity Cost Pools Machine setup Machining Packing 12 Cost Drivers Setups Machine hours Orders 5,076 489 1,008 169 4,068 320 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 Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Machine setup setups per setup Machining machine hours per machine hr. A Packing orders per order " (b) Prepare a schedule assigning each activity's overhead cost to the two products. Activity Cost Pools BC113 Expected Use of Cost Activity-Based Drivers per Product Overhead Rates Cost Assigned AD908 Expected Use of Cost Activity-Based Drivers per Product Overhead Rates Cost Assigned Machine setup $ Machining Packing Total assigned costs
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