Oriole Industries has three activity cost pools and two products. It expects to produce 2,600 units of Product SZ09 and 1,600 of Product NZ16. Having identified its activity cost pools and the cost drivers for each pool, Oriole accumulated the following data relative to those activity cost pools and cost drivers. Activity Cost Pool Machine set-ups Assembling Inspection Cost Driver Set-ups Machine hours Inspections Estimated Overhead $77,580 365,400 6,270 Estimated Use of Cost Drivers 180 17,400 110 SZ09 130 10,900 60 NZ16 50 6,500 50

Oriole Industries has three activity cost pools and two products. It expects to produce 2,600 units of Product SZ09 and 1,600 of Product NZ16. Having identified its activity cost pools and the cost drivers for each pool, Oriole accumulated the following data relative to those activity cost pools and cost drivers. Activity Cost Pool Machine set-ups Assembling Inspection Cost Driver Set-ups Machine hours Inspections Estimated Overhead $77,580 365,400 6,270 Estimated Use of Cost Drivers 180 17,400 110 SZ09 130 10,900 60 NZ16 50 6,500 50

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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