Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

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

image text in transcribed
image text in transcribed
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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Interest Theory

Authors: Leslie Jane, James Daniel, Federer Vaaler

3rd Edition

147046568X, 978-1470465681

Students also viewed these Accounting questions