Deemer Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipmentexpense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:Overhead costs:Equipment expenseIndirect laborDistribution of Resource Consumption Across Activity Cost Pools:Equipment expenseIndirect labor$ 73,000$ 6,000Product F6Product X0TotalProcessing0.600.40Activity Cost PoolsSupervising0.200.20Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned toproducts. Activity data for the company's two products follow:Activity:MHS (Processing)1,0009,00010,000Batches(Supervising)Other0.200.406004001,000How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing?

One of the costing systems used in cost accounting is activity-based costing. This technique is…

Deemer Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment expense Indirect labor $ 73,000 $ 6,000 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Indirect labor Processing 0.60 0.40 Product F6 Product X0 Total Activity Cost Pools Supervising 0.20 0.20 Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: MHs (Processing) 1,000 9,000 10,000 Batches (Supervising) Other 0.20 0.40 600 400 1,000 How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing?

Deemer Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment expense Indirect labor $ 73,000 $ 6,000 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Indirect labor Processing 0.60 0.40 Product F6 Product X0 Total Activity Cost Pools Supervising 0.20 0.20 Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: MHs (Processing) 1,000 9,000 10,000 Batches (Supervising) Other 0.20 0.40 600 400 1,000 How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing?

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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Nn. 126.
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