Activity Pools Machining Setup Quality control Cost Pool Estimated Total Cost $ 639,600 101,625 157,700 Required: Suppose the Luxury boat requires 8,200 machine hours, 100 batches, and 247 inspections. Using activity proportions, dete amount of overhead assigned to the Luxury product line. Note: Round your final answers to the nearest whole number. Machining Setup Quality Control Total Overhead Estimated Cost Driver 20,500 machine hours. 500 batches 950 inspections Allocated Overhead

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Manji

Activity Pools
Machining
Setup
Quality control
Cost Pool
Estimated
Total Cost
$ 639,600
101,625
157,700
Required:
Suppose the Luxury boat requires 8,200 machine hours, 100 batches, and 247 inspections. Using activity proportions, determine the
amount of overhead assigned to the Luxury product line.
Note: Round your final answers to the nearest whole number.
Machining
Setup
Quality Control
Total Overhead
Estimated Cost Driver
20,500 machine hours
500 batches
950 inspections
Allocated Overhead
Transcribed Image Text:Activity Pools Machining Setup Quality control Cost Pool Estimated Total Cost $ 639,600 101,625 157,700 Required: Suppose the Luxury boat requires 8,200 machine hours, 100 batches, and 247 inspections. Using activity proportions, determine the amount of overhead assigned to the Luxury product line. Note: Round your final answers to the nearest whole number. Machining Setup Quality Control Total Overhead Estimated Cost Driver 20,500 machine hours 500 batches 950 inspections Allocated Overhead
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