1. Papyrus Company manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Quality control Number of inspections $ 84,000 1,500 Machine operation Machine hours 240,000 2,000 Materials handling Number of batches 1,600 40 Miscellaneous overhead cost Direct labor hours 64,000 6,400 Papyrus Company has an order for 1,000 laser printers that has the following production requirements: Number of inspections 330 Machine hours 280 Number of batches 5 Direct labor hours 850 What is the total overhead cost per unit of the laser printers order using activity-based costing? Note: Rounded to the nearest cent. 2. If Activity X had a budgeted cost of $129,000 and a budgeted activity consumption of 15,000 engineering hours, what would the activity consumption rate be?

1. Papyrus Company manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Quality control Number of inspections $ 84,000 1,500 Machine operation Machine hours 240,000 2,000 Materials handling Number of batches 1,600 40 Miscellaneous overhead cost Direct labor hours 64,000 6,400 Papyrus Company has an order for 1,000 laser printers that has the following production requirements: Number of inspections 330 Machine hours 280 Number of batches 5 Direct labor hours 850 What is the total overhead cost per unit of the laser printers order using activity-based costing? Note: Rounded to the nearest cent. 2. If Activity X had a budgeted cost of $129,000 and a budgeted activity consumption of 15,000 engineering hours, what would the activity consumption rate be?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 5PA: Medical Tape makes two products: Generic and Label. It estimates it will produce 423,694 units of...

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Overhead Costs Pool	Cost Driver	Overhead Cost	Budgeted Level for Cost Driver
Quality control	Number of inspections	$ 84,000	1,500
Machine operation	Machine hours	240,000	2,000
Materials handling	Number of batches	1,600	40
Miscellaneous overhead cost	Direct labor hours	64,000	6,400

Number of inspections	330
Machine hours	280
Number of batches	5
Direct labor hours	850

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