Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Estimated Annual OH: $950,000 % OH Activity Cost Pools Cost Driver Expected Use Prod. A Prod. B- of Driver Usage Usage Machining 40 Mach. Hrs.

image text in transcribed
Estimated Annual OH: $950,000 % OH Activity Cost Pools Cost Driver Expected Use Prod. A Prod. B- of Driver Usage Usage Machining 40 Mach. Hrs. 90,000 30,000 60,000 Assembling 30 #DL hrs. 20,000 12,000 8,000 Testing 10 #Tests 5,000 3,000 2000 Inspections 20 #Inspections 8,000 2,100 5,900 (a) Determine the following: Overhead assigned to each Activity Activity Rates for each activity **(Round to hundredths) OH assigned to each product and total OH applied to each product **(Round to hundredths) OH Rate per Activity Cost Pools OH Assigned Prod. A-OH Prod. B- Activity Cost assigned OH Assigned Pool Machining Assembling Testing Inspections Total Manufacturing Overhead Applied Additional Information: DM Product A $185,250 $196,500 Product B $210,100 $205,900 45,000 125,000 DL MO Applied # Produced (b) Determine the following Total Cost for each product Cost per unit for each product Product A Product B Total Cost Cost Per Unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools for business decision making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

5th edition

470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144

More Books

Students also viewed these Accounting questions

Question

1.5 Summarize HRM issues for small businesses.

Answered: 1 week ago