A company produces pool pumps. Overhead costs have been identified as follows: Activity Pool Cost Material handling Machine maintenance Setups Cost Driver Number of moves Number of machine hours 14 Number of production runs $ 70,840.00 73,000.00 82,038.00 Total Activity 460 36,500 66 Number of moves Economy 10,080 162 The company makes three models of pumps with the following activity demands: Units produced Standard 21,000 132 Premium 3,545 166 Machine hours 9,550 21,800 5,150 Production runs 17 17 32 Required: a. Calculate the activity rate for each activity. b. Determine the amount of indirect costs assigned to each of the products. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount of indirect costs assigned to each of the products. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places.

A company produces pool pumps. Overhead costs have been identified as follows: Activity Pool Cost Material handling Machine maintenance Setups Cost Driver Number of moves Number of machine hours 14 Number of production runs $ 70,840.00 73,000.00 82,038.00 Total Activity 460 36,500 66 Number of moves Economy 10,080 162 The company makes three models of pumps with the following activity demands: Units produced Standard 21,000 132 Premium 3,545 166 Machine hours 9,550 21,800 5,150 Production runs 17 17 32 Required: a. Calculate the activity rate for each activity. b. Determine the amount of indirect costs assigned to each of the products. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount of indirect costs assigned to each of the products. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places.

Name: A company produces pool pumps. Overhead costs have been identified as
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Description: A company produces pool pumps. Overhead costs have been identified as follows:Activity PoolCostMaterial handlingMachine maintenanceSetupsCost DriverNumber of movesNumber of machine hours14Number of production runs$ 70,840.0073,000.0082,038.00Total A

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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