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Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Overhead Cost $ 270,900 $ 11,745 $ 78,570 $ 72,400 $ 212,400 Expected Activity 30,100 DLHS 261 orders 97 part types 1,810 boards 17,700 MHs Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Expected Activity Product B 13,800 Activity Cost Pool Product A Labor-related (DLHS) Product C Product D 4,000 7,100 5,200 Purchase orders (orders) 78 37 47 99 Parts management (part types) 38 15 30 14 Board etching (boards) 550 740 520 0 General factory (MHs) 2,900 6,200 3,900 4,700 Using the ABC data, determine the total amount of overhead cost assigned to each product.

Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Overhead Cost $ 270,900 $ 11,745 $ 78,570 $ 72,400 $ 212,400 Expected Activity 30,100 DLHS 261 orders 97 part types 1,810 boards 17,700 MHs Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Expected Activity Product B 13,800 Activity Cost Pool Product A Labor-related (DLHS) Product C Product D 4,000 7,100 5,200 Purchase orders (orders) 78 37 47 99 Parts management (part types) 38 15 30 14 Board etching (boards) 550 740 520 0 General factory (MHs) 2,900 6,200 3,900 4,700 Using the ABC data, determine the total amount of overhead cost assigned to each product.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Required 1 Required 2 Overhead Cost $ 270,900 $ 11,745 $ 78,570 Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Product A 7,100 78 38 550 2,900 Labor-related Purchase orders Parts management Board etching General factory $ 72,400 $ 212,400 Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) 37 Parts management (part types) 15 Board etching (boards) 740 General factory (MHS) 6, 200 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below. Compute the activity rate for each of the activity cost pools. Activity Cost Pool Activity Rate per DLH per order per part type per board per MH Required 1 Expected Activity 30,100 DLHS Expected Activity Product B 13,800 261 orders 97 part types 1,810 boards 17,700 MHs Product C Product D 4,000 47 30 520 3,900 Required 2 > 5,200 99 14 0 4,700
Transcribed Image Text:Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Required 1 Required 2 Overhead Cost $ 270,900 $ 11,745 $ 78,570 Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Product A 7,100 78 38 550 2,900 Labor-related Purchase orders Parts management Board etching General factory $ 72,400 $ 212,400 Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) 37 Parts management (part types) 15 Board etching (boards) 740 General factory (MHS) 6, 200 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below. Compute the activity rate for each of the activity cost pools. Activity Cost Pool Activity Rate per DLH per order per part type per board per MH Required 1 Expected Activity 30,100 DLHS Expected Activity Product B 13,800 261 orders 97 part types 1,810 boards 17,700 MHs Product C Product D 4,000 47 30 520 3,900 Required 2 > 5,200 99 14 0 4,700
Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Required 1 Required 2 Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Activity Cost Pool Complete this question by entering your answers in the tabs below. Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) Total Overhead Cost $ 270,900 $ 11,745 $ 78,570 $ 72,400 $ 212,400 Activity Cost Pool Product A Labor-related (DLHS) 7,100 4,000 Purchase orders (orders) 78 37 47 Parts management (part types) 38 15 30 Board etching (boards) 550 740 520 General factory (MHS) 2,900 6,200 3,900 Using the ABC data, determine the total amount of overhead cost assigned to each product. $ 0 $ < Required 1 Expected Activity 30,100 DLHs Expected Activity Product B 13,800 1,810 boards 17,700 MHs 261 orders 97 part types Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Overhead Cost Overhead Cost Overhead Cost Assigned Assigned Assigned Product B Product A Product C 0 $ Product C Product D Required 2 5,200 99 14 0 $ 4,700 Assigned Product D 0
Transcribed Image Text:Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Required 1 Required 2 Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Activity Cost Pool Complete this question by entering your answers in the tabs below. Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) Total Overhead Cost $ 270,900 $ 11,745 $ 78,570 $ 72,400 $ 212,400 Activity Cost Pool Product A Labor-related (DLHS) 7,100 4,000 Purchase orders (orders) 78 37 47 Parts management (part types) 38 15 30 Board etching (boards) 550 740 520 General factory (MHS) 2,900 6,200 3,900 Using the ABC data, determine the total amount of overhead cost assigned to each product. $ 0 $ < Required 1 Expected Activity 30,100 DLHs Expected Activity Product B 13,800 1,810 boards 17,700 MHs 261 orders 97 part types Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Overhead Cost Overhead Cost Overhead Cost Assigned Assigned Assigned Product B Product A Product C 0 $ Product C Product D Required 2 5,200 99 14 0 $ 4,700 Assigned Product D 0
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