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Question #4: 25 Points The Assembly Department of Fly High Drone Company has the following production and cost data at the end of March,
Question #4: 25 Points The Assembly Department of Fly High Drone Company has the following production and cost data at the end of March, 2021. Production: 21,800 units started into production; 19,500 units transferred out and 2,300 units 100% completed as to materials and 70% completed as to conversion costs. Manufacturing Costs: Instructions Materials added at beginning of process, $65,910; Labor, $71,800; Overhead $42,960. Prepare a production cost report for the Fly High Drone Company for the month of March 2021. Question #5: 25 Points Tumwater Legal Consulting Associates employs ABC. The following budgeted data for each of the activity cost pools is provided for the year 2020. Estimated Expected Use of Activity Cost Pools Overhead Cost Drivers per Activity Researching legal issues $ 84,700 770 research hours Preparing legal documents 777,850 66,200 pages Meeting with clients 2,320,500 11,900 professional hours During 2020 the firm worked 665 research hours, 11,660 professional hours, and prepared 59,970 document pages. Instructions Compute the total overhead applied during 2020.
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