Jornd Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. \table [[Activity Cost Pools, Activity Rate], [Setting Up Batches, $30.11 per batch], [Assembling Products,$3.04 per assembly hour], [Processing Customer Orders,$81.86 per customer order]] Data concerning two products appear below: \table[[, \ table [[Product], [W52Q]], \table[[Product], [Q29D]]], [Number of Batches, 74,26], [Number of Assembly Hours, 239, 208], [Number of Customer Orders, 72,5]] Required: a. How much overhead cost would be assigned to Product W52Q using the company's activity - based costing system? Show your work b. How much overhead cost would be assigned to product Q29D using the company's activity based costing system? Show your work!
Jornd Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. \table [[Activity Cost Pools, Activity Rate], [Setting Up Batches, $30.11 per batch], [Assembling Products,$3.04 per assembly hour], [Processing Customer Orders,$81.86 per customer order]] Data concerning two products appear below: \table[[, \ table [[Product], [W52Q]], \table[[Product], [Q29D]]], [Number of Batches, 74,26], [Number of Assembly Hours, 239, 208], [Number of Customer Orders, 72,5]] Required: a. How much overhead cost would be assigned to Product W52Q using the company's activity - based costing system? Show your work b. How much overhead cost would be assigned to product Q29D using the company's activity based costing system? Show your work!
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Jornd Corporation uses the following activity rates from its activity - based
costing to assign overhead costs to products. \table [[Activity Cost
Pools, Activity Rate], [Setting Up Batches, $30.11 per batch], [Assembling
Products, $3.04 per assembly hour], [Processing Customer Orders, $81.86 per
customer order]] Data concerning two products appear below: \table[[, \
table [[Product], [W52Q]], \table[[Product], [Q29D]]], [Number of Batches,
74,26], [Number of Assembly Hours, 239, 208], [Number of Customer Orders,
72,5]] Required: a. How much overhead cost would be assigned to Product
W52Q using the company's activity - based costing system? Show your work
b. How much overhead cost would be assigned to product Q29D using the
company's activity based costing system? Show your work!](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F696d38cd-963d-415c-83b1-46a2700ebc8d%2Fa69385cc-e796-4a54-86e3-e7b5c78c8c5a%2Fzxkg3t_processed.png&w=3840&q=75)
Transcribed Image Text:Jornd Corporation uses the following activity rates from its activity - based
costing to assign overhead costs to products. \table [[Activity Cost
Pools, Activity Rate], [Setting Up Batches, $30.11 per batch], [Assembling
Products, $3.04 per assembly hour], [Processing Customer Orders, $81.86 per
customer order]] Data concerning two products appear below: \table[[, \
table [[Product], [W52Q]], \table[[Product], [Q29D]]], [Number of Batches,
74,26], [Number of Assembly Hours, 239, 208], [Number of Customer Orders,
72,5]] Required: a. How much overhead cost would be assigned to Product
W52Q using the company's activity - based costing system? Show your work
b. How much overhead cost would be assigned to product Q29D using the
company's activity based costing system? Show your work!
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