Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Show how to use Activity based costing in excel Partial data from the question - Product A requires 1.5 hours of direct labour time to
Show how to use Activity based costing in excel
Partial data from the question - Product A requires 1.5 hours of direct labour time to maufacture one unit. Product B requires 3 hours of direct labour time to manufacture one unit. $ Estimated MOH costs = Est. # of units of Product A Est. # of units of Product B 396,000 22,000 5,500 Unit Costs for Material & Direct Labour: Product A Direct material $ Direct labour $ Product B 9 $ 20 7 $ 15 Activities and amount of OH costs attributable to each activity for the current year: Expected Activity Estimated Activity Cost Pools Product A Product B Total Overhead Cost Machine setups required $ 170,000 700 1,000 1,700 Purchase orders issued 37,000 300 200 500 Machine-hours required 91,000 4,000 9,000 13,000 Maintenance requests issued 98,000 4001 600 1,000 $ 396,000 YourStep 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