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Flynn Industries has three activity cost pools and two products. It expects to produce 2,490 units of Product BC113 and 1,910 of Product AD908. Having
Flynn Industries has three activity cost pools and two products. It expects to produce 2,490 units of Product BC113 and 1,910 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 $20,076 123,000 25,584 Expected Use of Cost Drivers per Product Expected Use of Cost Product Drivers per Activity BC113 42 27 4,920 1,111 492 198 Product AD908 15 3,809 294 Using the above data, do the following: Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Estimated Overhead Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Activity Cost Pools Machine setup $ 20520 42 setups $ set Machining 123000 4920 machine hours $ pe ma hr. Packing 25584 492 orders $ pe orc $ Prepare a schedule assigning each activity's overhead cost to the two products. BC113 Expected Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned Expecte Drivers Activity Cost Pools 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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