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Question 3 of 9 - 1 3 Current Attempt in Progress Concord Industries has three activity cost pools and two products. It estimates production 2
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Concord Industries has three activity cost pools and two products. It estimates production units of Product BC and of Product AD Having identified its activity cost pools and the cost drivers for each pool, Concord accumulated the following data relative to those activity cost pools and cost drivers.
tableAnnual Overhead Data,tableUse ofCost Drivers per ProductActivity Cost Pools,Cost Drivers,tableEstimatedOverheadtableEstimated Useof CostDrivers perActivitytableProductBCtableProductADMachine setup,Setups,$MachiningMachine hours,PackingOrders,
Using the above data, do the following:
a
Prepare a schedule showing the computations of the activitybased overhead rates per cost driver.
tabletableActivityCostPoolstableEstimatedOverheadtableEstimated Use of CostDrivers per ActivitytableActivityBasedOverhead RatestableMachinesetup$setups,$tablepersetupMachiningtablemachinehours$tablemachinePackingorders,$tableperorder
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