Pro-Craft Company computed the following activity rates to allocate overhead cost for the year Activity Materials handling Quality inspection Activity Rate $ 67 per materials requisition $ 57 per inspection $ 6 per machine hour Utilities During January, the company produced the following two jobs. Allocate overhead cost to each job using the activity rates. Activity Usage Job A Activity Cost Driver Materials requisitions Inspections Machine hour s Job 8 385 285 Allocate overhead based on actual activity usage-Job A Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Uhlibes Total Allocate overhead based on actual activity usage-Job B Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Usities Total
Pro-Craft Company computed the following activity rates to allocate overhead cost for the year Activity Materials handling Quality inspection Activity Rate $ 67 per materials requisition $ 57 per inspection $ 6 per machine hour Utilities During January, the company produced the following two jobs. Allocate overhead cost to each job using the activity rates. Activity Usage Job A Activity Cost Driver Materials requisitions Inspections Machine hour s Job 8 385 285 Allocate overhead based on actual activity usage-Job A Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Uhlibes Total Allocate overhead based on actual activity usage-Job B Activity Activity Usage Activity Rate Allocated Cost Materials handling Quality inspection Usities Total
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Pro-Craft Company computed the following activity rates to allocate overhead cost for the year.
Activity
Materials handling
Quality inspection
Activity Rate
$ 67 per materials requisition
$ 57 per inspection
$ 6 per machine hour
Utilities
During January, the company produced the following two jobs. Allocate overhead cost to each job using the activity rates.
Activity Usage
Job A
5
Activity Cost Driver
Materials requisitions
Inspections
Machine hours
Job B
385
285
Allocate overhead based on actual activity usage Job A
Activity
Activity Usage
Activity Rate
Allocated Cost
Materials handling
Quality inspection
Utilities
Total
Allocate overhead based on actual activity usage-Job B
Activity
Activity Usage
Activity Rate
Allocated Cost
Materials handling
Quality inspection
Uities
Total](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F354690be-5046-478b-acdb-02c62dd239f4%2F3cf9512e-d876-4238-aa74-1e1b64fb283c%2Fgb93yf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Pro-Craft Company computed the following activity rates to allocate overhead cost for the year.
Activity
Materials handling
Quality inspection
Activity Rate
$ 67 per materials requisition
$ 57 per inspection
$ 6 per machine hour
Utilities
During January, the company produced the following two jobs. Allocate overhead cost to each job using the activity rates.
Activity Usage
Job A
5
Activity Cost Driver
Materials requisitions
Inspections
Machine hours
Job B
385
285
Allocate overhead based on actual activity usage Job A
Activity
Activity Usage
Activity Rate
Allocated Cost
Materials handling
Quality inspection
Utilities
Total
Allocate overhead based on actual activity usage-Job B
Activity
Activity Usage
Activity Rate
Allocated Cost
Materials handling
Quality inspection
Uities
Total
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