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Do It! Review 4-2 a-c Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000
Do It! Review 4-2 a-c 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 Machine setup Machining Packing Cost Drivers Setups Machine hours Orders Estimated Overhead $18,500 106,920 35,640 Estimated Use of Cost Drivers per Product Estimated Use of Cost Product Product Drivers per Activity BC113 AD908 37 26 11 4,860 1,180 3,680 540 180 360 Using the above data, do the following: 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 $ $ Machining machine hours per machine hr. $ Packing orders per order $ Prepare a schedule assigning each activity's overhead cost to the two products. BC113 Estimated Use of Cost Activity-Based Drivers per Product Overhead Rates Activity Cost Pools Cost AD908 Estimated Use of Cost Activity-Based Drivers per Product Overhead Rates Assigned Cost Assigned Machine setup $ $ $ $ Machining $ $ Packing $ $ Total assigned costs $ Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, e.g. 12.25.) BC113 AD908 Overhead cost per unit $ $
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