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Sunland Industries has three activity cost pools and two products. It estimates production of 3,000 units of Product BC113 and 1,400 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Sunland accumulated the following data elative to those activity cost pools and cost drivers. Annual Overhead Data Activity Cost Pool Machine set-up Machining Packing Cost Drivers Set-ups Machine hours Orders Estimated Overhead $ 18,040 113,300 32,000 Estimated Use of Cost Drivers per Activity 41 5,150 500 Use of Cost Drivers per Product Product BC113 26 1,030 150 Product AD908 15 4,120 350

Sunland Industries has three activity cost pools and two products. It estimates production of 3,000 units of Product BC113 and 1,400 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Sunland accumulated the following data elative to those activity cost pools and cost drivers. Annual Overhead Data Activity Cost Pool Machine set-up Machining Packing Cost Drivers Set-ups Machine hours Orders Estimated Overhead $ 18,040 113,300 32,000 Estimated Use of Cost Drivers per Activity 41 5,150 500 Use of Cost Drivers per Product Product BC113 26 1,030 150 Product AD908 15 4,120 350

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Prepare a schedule showing the calculations of the activity-based overhead rates per cost driver. Cost Pool Machine set- up Machining Packing Machine set-up $ Machining $ Packing $ Assignment of overhead: Estimated MOH Prepare a schedule assigning each activity's overhead cost to the two products. Overhead assigned $ $ Estimated Usage BC113 $ $ $ $ $ $ AD908 Rate per set-up per machine hr. per order
Transcribed Image Text:Prepare a schedule showing the calculations of the activity-based overhead rates per cost driver. Cost Pool Machine set- up Machining Packing Machine set-up $ Machining $ Packing $ Assignment of overhead: Estimated MOH Prepare a schedule assigning each activity's overhead cost to the two products. Overhead assigned $ $ Estimated Usage BC113 $ $ $ $ $ $ AD908 Rate per set-up per machine hr. per order
Sunland Industries has three activity cost pools and two products. It estimates production of 3,000 units of Product BC113 and 1,400 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Sunland accumulated the following data relative to those activity cost pools and cost drivers. Annual Overhead Data Activity Cost Pool Machine set-up Machining Packing Cost Drivers Set-ups Machine hours Orders Estimated Overhead $ 18,040 113,300 32,000 Estimated Use of Cost Drivers per Activity 41 5,150 500 Use of Cost Drivers per Product Product BC113 26 1,030 150 Product AD908 15 4,120 350
Transcribed Image Text:Sunland Industries has three activity cost pools and two products. It estimates production of 3,000 units of Product BC113 and 1,400 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Sunland accumulated the following data relative to those activity cost pools and cost drivers. Annual Overhead Data Activity Cost Pool Machine set-up Machining Packing Cost Drivers Set-ups Machine hours Orders Estimated Overhead $ 18,040 113,300 32,000 Estimated Use of Cost Drivers per Activity 41 5,150 500 Use of Cost Drivers per Product Product BC113 26 1,030 150 Product AD908 15 4,120 350
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