Please do not give solution in image format thanku Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows:EstimatedCost Driver80,0008,000500Activity Cost PoolsMachiningDesigning costsSetup costsSuppose that Gable Company manufactures three products, A, B, and C. Information about these products follows:Product A Product B30,000 40,0003,200 1,80050Product C10,0003,000175275Number of machine hoursNumber of design hoursNumber of batchesTotal Costof PoolCost Driver$312,000 Number of machine hours73,600 Number of design hours71,600 Number of batchesRequired:1. Using activity proportions, determine the amount of overhead assigned to each product. (Do not round your intermediatecalculations.)Product AProduct BProduct CTotal OverheadAssigned Required:Using activity rates, determine the amount of overhead assigned to each product.Product AProduct BProduct CTotal OverheadAssigned129,675$

The overhead is assigned to the production on the basis of the pre-determined overhead rate. The…

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $312,000 Number of machine hours 73,600 Number of design hours 71,600 Number of batches Required: Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Product A Product Product C 40,000 1,800 175 Number of machine hours 30,000 Number of design hours 3,200 Number of batches 50 Estimated Cost Driver 80,000 8,000 500 10,000 3,000 275 determine the amount of owerhead assigned to each produ (Do not round your intermediate

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $312,000 Number of machine hours 73,600 Number of design hours 71,600 Number of batches Required: Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Product A Product Product C 40,000 1,800 175 Number of machine hours 30,000 Number of design hours 3,200 Number of batches 50 Estimated Cost Driver 80,000 8,000 500 10,000 3,000 275 determine the amount of owerhead assigned to each produ (Do not round your intermediate

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Please do not give solution in image format thanku

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows:
Estimated
Cost Driver
80,000
8,000
500
Activity Cost Pools
Machining
Designing costs
Setup costs
Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows:
Product A Product B
30,000 40,000
3,200 1,800
50
Product C
10,000
3,000
175
275
Number of machine hours
Number of design hours
Number of batches
Total Cost
of Pool
Cost Driver
$312,000 Number of machine hours
73,600 Number of design hours
71,600 Number of batches
Required:
1. Using activity proportions, determine the amount of overhead assigned to each product. (Do not round your intermediate
calculations.)
Product A
Product B
Product C
Total Overhead
Assigned

Required:
Using activity rates, determine the amount of overhead assigned to each product.
Product A
Product B
Product C
Total Overhead
Assigned
129,675
$

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