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Bridgeport Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pools Ordering and Receiving Machine Setup Machining Assembly Inspection Budget $ Deluxe Cost Driver $ Orders Setups Machine hours Parts: Inspections Est. Overhead Overhead cost per unit per unit $134,000 per unit 300,600 1.013,000 1,614,000 304,000 Est. Use of Cost Drivers Budget 600 500 150,000 1,200,000 Compute the overhead cost per unit for each product. Production is 700,000 units of Budget and 200,000 units of Deluxe. (Round per machine hour and per part values to 3 decimal places, e.g. 52.711. Round overhead cost per unit to 2 decimal places, e.g. 12.25 and cost assigned to 0 decimal places, e.g. 2,500.) Deluxe 400 400 100,000 800,000 450

Bridgeport Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pools Ordering and Receiving Machine Setup Machining Assembly Inspection Budget $ Deluxe Cost Driver $ Orders Setups Machine hours Parts: Inspections Est. Overhead Overhead cost per unit per unit $134,000 per unit 300,600 1.013,000 1,614,000 304,000 Est. Use of Cost Drivers Budget 600 500 150,000 1,200,000 Compute the overhead cost per unit for each product. Production is 700,000 units of Budget and 200,000 units of Deluxe. (Round per machine hour and per part values to 3 decimal places, e.g. 52.711. Round overhead cost per unit to 2 decimal places, e.g. 12.25 and cost assigned to 0 decimal places, e.g. 2,500.) Deluxe 400 400 100,000 800,000 450

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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Bridgeport Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pools Ordering and Receiving Machine Setup Machining Assembly Inspection Budget $ Deluxe Cost Driver $ Orders Setups Machine hours Parts: Inspections Est. Overhead Overhead cost per unit per unit $134,000 per unit 300,600 1,013,000 1,614,000 304,000 Est. Use of Cost Drivers Budget 600 500 150,000 1,200,000 Compute the overhead cost per unit for each product. Production is 700,000 units of Budget and 200,000 units of Deluxe. (Round per machine hour and per part values to 3 decimal places, e.g. 52.711. Round overhead cost per unit to 2 decimal places, e.g. 12.25 and cost assigned to 0 decimal places, e.g. 2,500.) Deluxe 400 400 100,000 800,000 450
Transcribed Image Text:Bridgeport Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pools Ordering and Receiving Machine Setup Machining Assembly Inspection Budget $ Deluxe Cost Driver $ Orders Setups Machine hours Parts: Inspections Est. Overhead Overhead cost per unit per unit $134,000 per unit 300,600 1,013,000 1,614,000 304,000 Est. Use of Cost Drivers Budget 600 500 150,000 1,200,000 Compute the overhead cost per unit for each product. Production is 700,000 units of Budget and 200,000 units of Deluxe. (Round per machine hour and per part values to 3 decimal places, e.g. 52.711. Round overhead cost per unit to 2 decimal places, e.g. 12.25 and cost assigned to 0 decimal places, e.g. 2,500.) Deluxe 400 400 100,000 800,000 450
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