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Neal Company manufactures computer workstations. The company's three activities and their overhead cost drivers follow. Activity Budgeted Cost Fabrication $ 119,600 Assembly Inspection Activity
Neal Company manufactures computer workstations. The company's three activities and their overhead cost drivers follow. Activity Budgeted Cost Fabrication $ 119,600 Assembly Inspection Activity Cost Driver Machine hours 135,000 Direct labor hours 93,800 Units inspected Budgeted Activity Usage 2,300 machine hours 2,700 direct labor hours 6,700 units Job 101's actual activity usage along with a partial customer profitability report follow. Job 101 Machine Hours 25 MH Direct Labor Hours 30 DLH Units 15 Profitability Report-Job 101 Sales Cost of goods sold Direct materials Direct labor Overhead Gross profit Customer service costs Customer income Required: $ 9,200 $ 2,290 1,100 ? ? 850 ? 1. Compute activity rates using activity-based costing. 2. Use the results from part 1 to allocate overhead cost to Job 101. 3. Complete the profitability report for Job 101. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3
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