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Homework: Ch. 4 Homework Question 5, E4-26A (similar t Part 7 of 10 The Job Cost Re collected Hooper Products has adopted an ABC
Homework: Ch. 4 Homework Question 5, E4-26A (similar t Part 7 of 10 The Job Cost Re collected Hooper Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified: (Click the icon to view the activity costs and drivers.) BEE (Clic Read Requirement 1. Calculate the activity cost allocation rate for each of the five pools listed in the table. (Round the allocation rate to the nea Activity cost Total activity cost pool Total activity allocation base allocation rate Machine setup 104,000 2,600 40.00 per setup Machining 420,000 3,000 $ 140.00 per MH Polishing 80,000 8,000 $ 10.00 per cloth Quality control 75,000 1,000 75.00 per test Facility level costs $ 210,000 70,000 $ 3.00 per DL hour Requirement 2. Calculate the total cost of Job #624 (use an ABC costing system). Job Cost Record JOB # 624 Direct materials Direct labor Manufacturing overhead allocated Total job cost Manufacturing Costs
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