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Sandhill Parts Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools are provided for the year 2022. Activity Cost Pools Ordering and receiving Etching Soldering $ Estimated Overhead 79,200 432,000 22,176,000 Estimated Use of Cost Drivers per Activity 14,400 72,000 orders machine hours 528,000 labour hours For 2022, the company had 8,400 orders and used 48,000 machine hours, and labour hours totalled 30,000. What is the total

Sandhill Parts Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools are provided for the year 2022. Activity Cost Pools Ordering and receiving Etching Soldering $ Estimated Overhead 79,200 432,000 22,176,000 Estimated Use of Cost Drivers per Activity 14,400 72,000 orders machine hours 528,000 labour hours For 2022, the company had 8,400 orders and used 48,000 machine hours, and labour hours totalled 30,000. What is the total

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sandhill Parts Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools are provided for the year 2022. Activity Cost Pools Ordering and receiving Etching Soldering $ Estimated Overhead Total Overhead Applied $ 79,200 432,000 22,176,000 Estimated Use of Cost Drivers per Activity 14,400 72,000 528,000 orders machine hours labour hours For 2022, the company had 8,400 orders and used 48,000 machine hours, and labour hours totalled 30,000. What is the total overhead applied? (Round overhead rates to 2 decimal places, e.g. 15.25 and final answer to O decimal places, e.g. 5,725.)
Transcribed Image Text:Sandhill Parts Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools are provided for the year 2022. Activity Cost Pools Ordering and receiving Etching Soldering $ Estimated Overhead Total Overhead Applied $ 79,200 432,000 22,176,000 Estimated Use of Cost Drivers per Activity 14,400 72,000 528,000 orders machine hours labour hours For 2022, the company had 8,400 orders and used 48,000 machine hours, and labour hours totalled 30,000. What is the total overhead applied? (Round overhead rates to 2 decimal places, e.g. 15.25 and final answer to O decimal places, e.g. 5,725.)
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