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Using the following information, determine the overhead rates and the actual cost assigned for each of the activity cost pools in a possible ABC system
Using the following information, determine the overhead rates and the actual cost assigned for each of the activity cost pools in a possible ABC system for Waterways. (Round answers to 2 decimal places, eg. 12.25.) WATERWAYS CORPORATION Activity Cost Pools Estimated Overhead Expected Use of Cost Drivers per Activity Actual Use of Drivers $2,076,240 12,660 12,639 Irrigation installation Machining (all machine use) Customer orders 1.743,600 34,872,000 Cost Drivers Labor cost Machine hours Number of orders none (direct) Cost per design 34,873,000 30,360 2,530 2,495 Shipping N/A N/A traced directly Design 904 8 7 Selling Number of sales calls 336,600 19,800 20,010 WATERWAYS CORPORATION Activity Based Overhead Rates Activity Cost Pools Actual Cost Assigned Irrigation installation $ $ Machining (all machine use) Customer orders HOME Design DAN Selling
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