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Flynn Industries has three activity cost pools and two products. It estimates production 2000 units of Product BC113 and 1,000 of Product AD908. Having identied
Flynn Industries has three activity cost pools and two products. It estimates production 2000 units of Product BC113 and 1,000 of Product AD908. Having identied 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. Estimated Use of Annual Overhead Data Cost Drivers per Product Estimated Estimated Use of Cost Product Product Activity Cost Pools Cost Drivers Overhead Drivers per Activity BC113 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: (b) Prepare a schedule assigning each activity's overhead cost to the two products. BC113 Activity Cost Estimated Use of Cost Activity-Based Cost Pools Drivers per Product Overhead Rates Assigned Machine setup 35 $ Machining $ Packing $ Total assigned costs $ Estimated Use of Cost Activity-Based Cost Drivers per Product Overhead Rates Assigned
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