ABC Company uses activity-based costing to determine products costs for external financial reports. The company has provided the following data concerning its activity-based costing system: Activity cost pools (and activity measures) Depreciation (allocated based on machine-hours) Estimated Overhead costs $67,500 Batch setup (allocated based on # of set ups) General Factory (allocated based on direct labor hours) 273,700 204,000 Expected Activity (Allocation base) Product y Activity Cost pool Depreciation Batch setup General factory Vhat is the total Manufacturing overhead allocated to product y? Total Product x 5000 m hours 4000 1000 7000 set ups 3000 4000 8000 dl hours 1000 7000
ABC Company uses activity-based costing to determine products costs for external financial reports. The company has provided the following data concerning its activity-based costing system: Activity cost pools (and activity measures) Depreciation (allocated based on machine-hours) Estimated Overhead costs $67,500 Batch setup (allocated based on # of set ups) General Factory (allocated based on direct labor hours) 273,700 204,000 Expected Activity (Allocation base) Product y Activity Cost pool Depreciation Batch setup General factory Vhat is the total Manufacturing overhead allocated to product y? Total Product x 5000 m hours 4000 1000 7000 set ups 3000 4000 8000 dl hours 1000 7000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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