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please show work! Required information (The following information applies to the questions displayed below. Rustafson Corporation is a diversified manufacturer of consumer goods. The company's
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Required information (The following information applies to the questions displayed below. Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Expected Overhead Cost Activity $ 25,200 2,000 direct labor-hours $ 5,000 5,000 machine-hours $ 18,000 500 setups $ 29,400 700 orders $ 23,000 1,000 tests $ 84,000 3,500 packages $ 60,000 2,000 direct labor-hours 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate $ 21.30 per DLH 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: points Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Expected Overhead Cost $ 311,580 $ 8.840 $ 71,282 $ 63,700 $ 148,890 Expected Activity 44,500 DLHS 221 orders 9 9 part types 1,829 boards 14,890 MHS Bask 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: Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHS) Expected Activity Product A Product B Product CProduct D 6,898 27, 3ea 4 ,608 5,800 51 294992 17 33 15 500 770 550 2.109 6.3ea 2 .499 4.eee 34 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 Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Coat Assigned Product Product Product Product D Activity Cost Pool Labor-related (DLH) Purchase orders (orders) Parts management (part types) Board etching boards) General factory (MH) Total $ 0 $ 0 $ 0 $ 0 Required 1 Required 2)Step by Step Solution
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