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If the company used activity based costing, calculate the total overhead cost that would be assigned for material handling to the job? If the company

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  1. If the company used activity based costing, calculate the total overhead cost that would be assigned for material handling to the job?

  2. If the company used activity based costing, calculate the total overhead cost that would be assigned for maintenance to the job?

  3. If the company used activity based costing, calculate the total overhead cost that would be assigned for inspections to the job?

  4. If the company used activity based costing, calculate the total material cost + direct labour cost that would be assigned to the job?

  5. If the company used activity based costing, calculate the total cost that would be assigned to the job?

  6. If the company allocated overhead to the job using a plantwide overhead rate, calculate the total overhead cost assigned to the job?

  7. If the company allocated overhead to the job using a plantwide overhead rate, calculate the total cost assigned to the job?

  8. It would not be appropriate to adopt an ABC policy if which of the following were true: (Multiple choice)

  1. The products being produced were quite similar

  2. The cost of developing individuals' cost pools was too great.

  3. All products consumed resources in a similar manner.

  4. All of the answers are correct

Populace Manufacturing Inc., ("the company") a pre-fab shack manufacturer, is considering bidding on a job. In order to submit this bid, the company needs to calculate the total cost of performing this job. Financial details for the proposed job are as follows: Number of inspections 80 Number of machine hours 600 Number of direct labour hours 2,000 Direct materials $21,000 Direct labour $16,000 Number of material moves 25 The company has three different categories of overhead. The overhead costs for each of the categories for the next year are as follows: Costs Cost Driver Expected Activity Materials handling $30,000 Material moves 15,000 Maintenance $360,000 Machine hours 24.000 Inspection $14,000 Inspections 4,000 The company applies overhead using a predetermined overhead rate based upon a budgeted direct labour hours of 50,000. Using the above information answer the following questions

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