X b My Questions | bartleb O X PRE ACCT3039-Unit 4.pdf X and Unit 4 -Discussion Question 3035 X + mar . . . File | C:/Users/Ronnick%20Douglas/OneDrive/Desktop/Advanced%20Manage... G Activity-Based Costing, Traditional Costing 1 - The controller for Mitchell Supply Company has established the following overhead cost pools and cost drivers: Budgeted Overhead Cost Pool Overhead Cost Cost Driver Machine setups $150,000 Number of setups Material handling 52,500 Units of raw material Quality control inspection 37,500 Number of inspections Other overhead costs 90.000 Machine hours Total $330.000 Budgeted Level Overhead Cost Pool for Cost Driver Overhead Rate Machine setups 100 setups $1,500 per setup Material handling 50,000 units $1.05 per unit Quality control 1,000 inspections $37.50 per inspection Other overhead 15,000 machine hours $6 per machine hour Order no. 610 has the following production requirements: Machine setups 5 setups Raw material 10,000 units Inspections 12 inspections Machine hours 600 machine hours Required: A. Compute the total overhead that should be assigned to order no. 610 by using activity-based costing. B. Suppose that Mitchell were to use a single, predetermined overhead rate based on machine hours. Compute the rate per hour and the total overhead assigned to order no. 610. C. Discuss the merits of an activity-based costing system in comparison with a traditional costing system. ENG 7:26 pm Type here to search O N O UK 19/02/2022