Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

write/type as shown Prepare a schedule assigning each activity's overhead cost to the two products. Activity Cost Pools BC113 Activity-Based Overhead Rates AD908 Activity-Based Overhead

image text in transcribed
image text in transcribed
write/type as shown
Prepare a schedule assigning each activity's overhead cost to the two products. Activity Cost Pools BC113 Activity-Based Overhead Rates AD908 Activity-Based Overhead Rates Estimated Use of Cost Drivers per Product Cost Assigned Estimated Use of Cost Drivers per Product Cost Assigned $ $ $ $ Machine setup $ Machining $ $ Packing $ $ Total assigned costs Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, s. 12.25) BC113 ADPOO Overhead cost per units $ Attempts: 0 of 1 used Last ved 1 secondo Saved work will be auto-submitted on the due date. & Prov Ydelas been recorded the M2000.01 10 AM Flynn Industries has three activity cost pools and two products. It estimates production 2.000 units of Product BC113 and 1,000 of Product ADPOO. Having identified its activity cost pools and the cost drivers for each pool. Flynn accumulated the following data relative to those activity cost pools and cost drivers Annual Overhead Data Estimated Activity Cost Pools Cost Drivers Overhead Machine setup Setups $19,000 Machining Machine hours 89,640 Packing Orders 31,320 Estimated Use of Cost Drivers per Product Estimated Use of Cost Product Product Drivers per Activity BC113 AD908 38 11 4.980 1,020 3.960 540 190 350 Using the above data, do the following Prepare a schedule showing the computations of the activity-based overhead rates per cost driver Estimated Overhead Estimated Use of Cost Drivers per Activity Activity Cost Pools Machine setups Activity-Based Overhead Rates setups $ per setup Machining machine hours per machine her Packing orders $ per order

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

Students also viewed these Accounting questions