Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost drivers: Activity cost pools Materials handling Machine maintenance Cost drivers Number of material moves Number of machine hours Number of material noves Number of machine hours Required: 1. Calculate Bluefield's activity rate for each cost pool. 2. Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: $67,260 $12,400 590 40,000 Materials Handling Complete this question by entering your answers in the tabs below. Maching Maintenanc Product A Product B 230 16,900 360 23,100 Required 1 Required 2 Calculate Bluefield's activity rate for each cost pool. (Round your final answer for per material moves to nearest dollar amount and per machine hour to 4 decimal places.) Activity Rate per Material Move por Maching Hou

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ee 09.

Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost
drivers:
Activity cost pools
Materials handling
Machine maintenance
Cost drivers
Number of material moves
Number of machine hours
Number of material noves
Number of machine hours
$67,260
$12,400
Required:
1. Calculate Bluefield's activity rate for each cost pool.
2. Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands:
590
40,000
Materials Handling
Machine Maintenance
Product A Product B
230
16,900
360
23,100
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Calculate Bluefield's activity rate for each cost pool. (Round your final answer for per material moves to nearest dollar amount
and per machine hour to 4 decimal places.)
Activity Rate
per Material Move
per Machine Hour
<
Required 1
Required 2 >
Transcribed Image Text:Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost drivers: Activity cost pools Materials handling Machine maintenance Cost drivers Number of material moves Number of machine hours Number of material noves Number of machine hours $67,260 $12,400 Required: 1. Calculate Bluefield's activity rate for each cost pool. 2. Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: 590 40,000 Materials Handling Machine Maintenance Product A Product B 230 16,900 360 23,100 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Bluefield's activity rate for each cost pool. (Round your final answer for per material moves to nearest dollar amount and per machine hour to 4 decimal places.) Activity Rate per Material Move per Machine Hour < Required 1 Required 2 >
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: (Round
intermediate calculations to 4 decimal places and your final answers to 2 decimal places.)
Product A
Number of material noves
Number of machine hours
Product A
Product B
Total Overhead
Assigned
< Required 1
Required 2
230
16,900
Product B
360
23,100
Show less A
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: (Round intermediate calculations to 4 decimal places and your final answers to 2 decimal places.) Product A Number of material noves Number of machine hours Product A Product B Total Overhead Assigned < Required 1 Required 2 230 16,900 Product B 360 23,100 Show less A
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