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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 identified
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. Estimated Use of Cost Drivers per Product Annual Overhead Data Estimated Overhead Estimated Use of Cost Drivers per Activity Product BC113 Product AD908 Activity Cost Pools Cost Drivers Machine setup Setups $ 15,600 39 29 10 Machining Machine hours 86,190 5,070 1.080 3,990 Packing Orders 30.250 550 200 350 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 per Machine setup $ setups $ setup Machining machine hours $ per machi hr. Packing orders $ per order $ Prepare a schedule assigning each activity's overhead cost to the two products. BC113 Activity Cost Pools Estimated Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned Machine setup $ $ Machining $ Packing $ Total assigned costs $ Prepare a schedule assigning each activity's overhead cost to the two products. AD908 Cost Assigned Estimated Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned $ $ $ $ $ $ $ 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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