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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
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 113,620 4,940 1,200 3,740 Packing Orders 33,320 490 110 380 Using the above data, do the following: Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Cost Estimated Overhead Pools Machine setup Machining Packing Estimated Use of Cost Drivers per Activity setups Activity-Based Overhead Rates per machine hours setup. per machin hr. orders. per order Prepare a schedule assigning each activity's overhead cost to the two products. Activity Cost Pools Estimated Use of Cost Drivers per Product BC113 Activity-Based Overhead Rates Machine setup Machining Packing Total assigned costs 1 tA to Cost Es Assigned C Prepare a schedule assigning each activity's overhead cost to the two products. AD908 Cost Assigned Estimated Use of Cost Activity-Based Cost Drivers per Product Overhead Rates Assigned $ $ Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, e.g. 12.25.) Overhead cost per unit BC113 AD908
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