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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. Annual Overhead Data Activity Cost Pools Machine setup Machining Packing Cost Drivers Setups Machine hours Orders Estimated Overhead $15,600 86,190 30.250 Estimated Use of Cost Drivers per Product Estimated Use of Cost Product Drivers per Activity BC113 39 29 5,070 1.080 550 200 Product AD908 10 3.990 350 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 Machine Estimated Overhead Estimated Use of Cost Drivers per Activity Activity-Based Overhead Rates setup setups $ per setup per machine Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Estimated Overhead Activity Cost Pools Machine setup Estimated Use of Cost Drivers per Activity Activity-Based Overhead Rates setups per setup per mach hr. Machining machine hours $ Packing 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 Cost Assigned Est Dr Machine setup $ 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 Cost Assigned Esti Dr Machine setup $ $ Machining $ $ Packing Total assigned costs $ Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, c-3. 12.25.) BC113 AD908 Overhead cost per unit $
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