Question
Nuva Company reports the following for its overhead costs for the year. Activity Budgeted Cost Budgeted Activity Driver Engineering support $ 32,200 70 design changes
Nuva Company reports the following for its overhead costs for the year. Activity Budgeted Cost Budgeted Activity Driver Engineering support $ 32,200 70 design changes Electricity 45,630 3,510 machine hours Setup 64,400 460 setups
1. Compute the activity rate for each activity cost pool using activity-based costing. 2. The companys Pro model used these activities to produce 1,500 units during the year: 3 design changes, 150 machine hours, and 15 setups. Allocate overhead costs to the Pro model and compute overhead cost per unit using activity-based costing.
Electricity Setup 521200 45,630 64,480 78 design changes 3,518 machine hours 460 setups 1. Compute the activity rate for each activity cost pool using activity-based costing. 2. The company's Pro model used these activities to produce 1,500 units during the year. 3 design changes, 150 machine hours, ar 15 setups. Allocate overhead costs to the Pro model and compute overhead cost per unit using activity-based costing. Activity Rate 1. Compute overhead activity rates Activity Budgeted Cost Engineering support $ 32,200 Electricity $ 45,630 Setup $ 64,400 Budgeted Activity 70 design changes 3,510 machine hrs. 460 setups Activity Rate Allocated Cost 2. Allocate overhead to Pro model and compute overhead per unit Activity Activity Usage Engineering support Electricity Setup Total Units produced Overhead per unit 0 0
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