Pro-Craft Company computed the following activity rates to allocate overhead cost for the year. Activity Materials...
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Pro-Craft Company computed the following activity rates to allocate overhead cost for the year. Activity Materials handling Quality inspection Activity Rate $ 65 per materials requisition $ 55 per inspection $ 6 per machine hour Utilities During January, the company produced the following two jobs. Allocate overhead cost to each job using the activity rates. Activity Cost Driver Materials requisitions Activity Usage Job A Job B 6 4 Inspections Machine hours 6. 15 375 275 Allocate overhead based on actual activity usage-Job A Activity Materials handling Quality inspection Activity Usage Activity Rate Allocated Cost Utilities Total Allocate overhead based on actual activity usageJob B Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Utilities Total Pro-Craft Company computed the following activity rates to allocate overhead cost Activity Materials handling Quality inspection Utilities Activity Rate $ 65 per materials requisition $ 55 per inspection $ 6 per machine hour During January, the company produced the following two jobs. Allocate overhead c Activity Usage Job A Activity Cost Driver Materials requisitions Inspections Machine hours Job B 4 69 375 275 Allocate overhead based on actual activity usage-Job A Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Utilities Total Allocate overhead based on actual activity usageJob B Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Utilities Total Pro-Craft Company computed the following activity rates to allocate overhead cost for the year. Activity Materials handling Quality inspection Activity Rate $ 65 per materials requisition $ 55 per inspection $ 6 per machine hour Utilities During January, the company produced the following two jobs. Allocate overhead cost to each job using the activity rates. Activity Cost Driver Materials requisitions Activity Usage Job A Job B 6 4 Inspections Machine hours 6. 15 375 275 Allocate overhead based on actual activity usage-Job A Activity Materials handling Quality inspection Activity Usage Activity Rate Allocated Cost Utilities Total Allocate overhead based on actual activity usageJob B Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Utilities Total Pro-Craft Company computed the following activity rates to allocate overhead cost Activity Materials handling Quality inspection Utilities Activity Rate $ 65 per materials requisition $ 55 per inspection $ 6 per machine hour During January, the company produced the following two jobs. Allocate overhead c Activity Usage Job A Activity Cost Driver Materials requisitions Inspections Machine hours Job B 4 69 375 275 Allocate overhead based on actual activity usage-Job A Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Utilities Total Allocate overhead based on actual activity usageJob B Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Utilities Total
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip Olds
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