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Ivanhoe Industries has three activity cost pools and two products. It estimates production of 2 , 0 0 0 units of Product BC 1 1
Ivanhoe Industries has three activity cost pools and two products. It estimates production of units of Product BC and of Product AD Having identified its activity cost pools and the cost drivers for each pool, Ivanhoe accumulated the following data relative to those activity cost pools and cost drivers.
tableAnnual Overhead Data,tableUse ofCost Drivers per ProductActivity Cost Pools,Cost Drivers,tableEstimatedOverheadtableEstimated Use of CostDrivers per ActivitytableProductBCtableProductADMachine setup,Setups,$MachiningMachine hours,PackingOrders,
Using the above data, do the following:
Prepare a schedule assigning each activity's overhead cost to the two products.
tableBCtableActivity CostPoolstableUse of CostDrivers per ProducttableActivityBasedOverhead RatestableCostAssignedDriMachine setup,,$$Machining$Packing$Total assigned costs,,,$Attempts: of used,
AD
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