Par Bramble Industries has three activity cost pools and two products. It estimates production 2.000 units of Product BC113 and 1,000 ofProduct AD908. Having identified its activity cost pools and the cost drivers for each pool, Bramble accumulated the following datarelative to those activity cost pools and cd cost drivers.Activity Cost PoolsMachine setupMachiningPacking(a)Using the above data, do the following:ActivityCostPoolsAnnual Overhead DataMachinesetupMachiningCost DriversSetupsPackingMachine hoursOrdersEstimatedOverhead$23,400EstimatedOverhead97,28030.680Estimated Use ofCost Drivers per ProductEstimated Use of CostDrivers per ActivityPrepare a schedule showing the computations of the activity-based overhead rates per cost driver.395,120520Estimated Use of CostDrivers per ActivitysetupsmachinehoursProductBC113orders1,06020023$$ProductAD908164,060320Activity-BasedOverhead Ratespersetuppermachinehr.perorder

Under Activity Based Costing, the overheads are assigned to the product based on estimated activity…

Bramble Industries has three activity cost pools and two products. It estimates production 2.000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Bramble accumulated the following data relative to those activity cost pools and cost drivers. Activity Cost Pools Cost Drivers Machine setup Setups Machining Packing Annual Overhead Data (a) Using the above data, do the following Machine hours Orders Activity Cost Estimated Overhead $23.400 Estimated 97,280 30.680 Estimated Use of Cost Drivers per Product Estimated Use of Cost Drivers per Activity 39 5,120 520 Estimated Use of Cost Product BC113 23 Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. 1,060 200 Product AD 908 16 4,060 320 Activity-Based

Bramble Industries has three activity cost pools and two products. It estimates production 2.000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Bramble accumulated the following data relative to those activity cost pools and cost drivers. Activity Cost Pools Cost Drivers Machine setup Setups Machining Packing Annual Overhead Data (a) Using the above data, do the following Machine hours Orders Activity Cost Estimated Overhead $23.400 Estimated 97,280 30.680 Estimated Use of Cost Drivers per Product Estimated Use of Cost Drivers per Activity 39 5,120 520 Estimated Use of Cost Product BC113 23 Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. 1,060 200 Product AD 908 16 4,060 320 Activity-Based

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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