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Q1. Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activities Activity Rate Setting up batches $86.25

Q1. Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:

Activities Activity Rate
Setting up batches $86.25 per batch
Processing customer orders $77.07 per customer order
Assembling products $12.16 per assembly hour

Data concerning two products appear below:

Product V09X Product A09X
Number of batches 69 12
Number of customer orders 20 9
Number of assembly hours 492 697

How much overhead cost would be assigned to Product V09X using the activity-based costing system?

A. $175.48

B. $121,278.33

C. $13,475.37

D.$5,951.25

_______________________________________________________________________________

Q2

Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system:

Activities (and Activity Measures) Estimated Overhead Cost
Machine related (machine-hours) $280,440
Batch setup (setups) $297,480
General factory (direct labour-hours) $205,920

Expected Activity
Activities Product X Product Y Total
Machine related 4,700 6,700 11,400
Batch setup 9,400 1,700 11,100
General factory 3,700 6,700

10,400

Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to:

A. $297,480

B. $669,480

C. $372,000

D. $440,800

____________________________________________________________________

Q3.

The controller of Hartis Company estimates the amount of materials handling overhead cost that should be allocated to the company's two products using the data that are given below:

Wall Mirrors Specialty Windows
Total expected units produced 7,400 2,300
Total expected material moves 740 940
Direct labor-hours per unit 5 4

The total materials handling cost for the year is expected to be $17,810.60.

If the materials handling cost is allocated on the basis of direct labor-hours, how much of the total materials handling cost should be allocated to the wall mirrors? (Round your intermediate calculation to four decimal places. Round your final answer to nearest whole dollar.)

A. $37,000

B. $14,264

C. $10,717

D. $8,905

______________________________________________________________________

Q4.

Dace Company manufactures two products, Product F and Product G. The company expects to produce and sell 2,600 units of Product F and 12,000 units of Product G during the current year. The company uses activity-based costing to compute unit product costs for external reports. Data relating to the company's three activity cost pools are given below for the current year:

Activity Cost Pool Estimated Overhead Costs Expected Activity
Product F Product G Total
Machine setups $ 20,280 156 104 260
Purchase orders $ 99,360 756 1,404 2,160
General factory $ 58,880 1,330 1,230 2,560

Required:

Determine the overhead cost per unit for each product using the activity-based costing approach. (Do not round your intermediate calculations. Round your final answers to 2 decimal places.)

Product F=

Product G=

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