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Nasser Company has analyzed its production process and identified two primary activities. These activities, their allocation bases, and estimated costs are listed below. (Click
Nasser Company has analyzed its production process and identified two primary activities. These activities, their allocation bases, and estimated costs are listed below. (Click on the icon to view the estimated costs data.) The company manufactures two products: Regular and Super. The products use the following resources in March: (Click on the icon to view the actual data for March.) Read the requirements. Requirement 1. Compute the predetermined overhead allocation rates using activity-based costing. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each activity. (Round your answers to the nearest cent.) + Estimated qty of the allocation base Estimated overhead costs Predetermined OH allocation rate Data table Purchasing Material handling Requirements 2 and 3. Determine the amount of overhead allocated to Regular and Super in March. Begin by selecting the formula to allocate overhead costs. Compute the amount of overhead allocated to Regular. Purchasing Materials Handling Allocated manufacturing overhead costs Regular Now compute the amount of overhead allocated to Super. Purchasing Materials Handling Allocated manufacturing overhead costs Super Allocated mfg. overhead costs Data table Regular Number of purchase orders Number of parts 8 purchase orders 1,000 parts Activity Allocation Base Estimated Activity Estimated Costs Purchasing Materials handling Number of purchase orders Number of parts 175 purchase orders 16,000 parts 10,500 $ 7,200 Print Done Super 14 purchase orders 1,400 parts -
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