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Need assistance on requirement on 1 & 2. Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the
Need assistance on requirement on 1 & 2.
Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Expected Activity Cost Pool Activity Measure Overhead cost Expected Activity Labor-related Direct labor-hours $ 317,600 39,700 DES Purchase orders Number of orders $ 9,900 220 orders Parts management Number of part types $ 67,890 93 part types Board etching Number of boards $ 76,00 1,900 boards General factory Machine-hours $ 237,600 21,600 MHS Required: 1. Compute the activity rate for each of the activity cost pools 2. The expected activity for the year was distributed among the company's four products as follows: tes Activity Cost Pool Labor-related (LHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MS) Expected Activity Product Product Product C 6.300 23,700 4,600 70 27 40 28 13 32 580 700 620 3,900 5.900 3.500 Product D 5,100 83 20 0 5,300 Using the ABC data, determine the total amount of overhead cost assigned to each product Complete this question by entering your answers in the tabs below. Required 1 Required 2 ces Compute the activity rate for each of the activity cost pools. Activity Cost Pool Activity Rate Labor-related per DLH Purchase orders per order Parts management per part type Board etching per board General factory per MH Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 nces Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Overhead Cost Overhead Cost Overhead Cost Activity Cost Pool Assigned Assigned Assigned Assigned Product A Product B Product C Product D Labor-related (DLHs) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHS) Total Required 1 Step by Step Solution
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