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value: 1.11 points Exercise 17-11 Activity-based costing and overhead cost allocation LO P3 is taken from Ronda Co's intenal records of its factory with two
value: 1.11 points Exercise 17-11 Activity-based costing and overhead cost allocation LO P3 is taken from Ronda Co's intenal records of its factory with two production departments. The cost driver for indirect labor and supplies is direct labor costs, and the cost driver for the remaining overhead items is number of hours of machine use. Labor Machine Use Hours Department 1 Department:2 $ 18,800 13,200 2,000 1,200 S 32,000 3.200 Totals Factory overhead costs Rent and utilities Indirect labor Generat office expense S 12.200 5,400 4.000 3,000 Supplies Total factory overhead $ 27 200 Compute the total amount of overhead cost alocated to Department 1 using activity-based costing. (Round activity rate answers to 2 decimal places.) Costs to be allocated Estimated indirect labor and supplies Rent, utilities, general office and depreciation Estimated Cost driver Activity Rate Cost driver urred OH Allocated Cost
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