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Flynn Industries has three activity cost pools and two products. It expects to produce 3,150 units of Product BC113 and 1,960 of Product AD908. Having
Flynn Industries has three activity cost pools and two products. It expects to produce 3,150 units of Product BC113 and 1,960 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 Expected Use of Cost Drivers per Product Expected Use of Cost Product Drivers per Activity BC113 Estimated Overhead Product AD908 Cost Drivers 43 25 18 Activity Cost Pools Machine setup Machining Packing Setups Machine hours Orders $19,307 82,240 34,224 1,132 4,008 5,140 496 167 329 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 Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Machine setup $ setups $ per setup Machining machine hours $ per machin hr. Packing orders $ per order $ Prepare a schedule assigning each activity's overhead cost to the two products. BC113 Activity Cost Pools Expected Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned Expected Use Drivers per F Machine setup $ $ Machining $ Packing $ Total assigned costs $ 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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