Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Scottso Enterprises has identified the following overhead costs and cost drivers for the coming year Budgeted Activity Level 12,500 10,000 2,500 400 Overhead Item Quality
Scottso Enterprises has identified the following overhead costs and cost drivers for the coming year Budgeted Activity Level 12,500 10,000 2,500 400 Overhead Item Quality Material handling Engineering Machine setup Cost Driver Number of inspections Number of material moves Engineering hours Setup hours Budgeted Cost $250,000 170,000 100,000 40,000 Budgeted direct labor cost was $200,000 and budgeted direct material cost was $800,000. The following information was collected on three jobs that were completed during the month: Job B-32 $18,000 $ 8.000 Job A-28 $28,000 $4,000 Job A-15 $15,000 $4,000 Direct materials Direct labor 300 100 200 Units completed Number of inspections Number of material moves 20 10 20 80 20 60 10 50 10 Engineering hours Number of setups 8 5 the company uses activity-based costing (ABC), how much overhead cost should be assigned to Job B-32? O $3,480. O $2,960. O $4,200. $2,600. 1 pts
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started