TGM Company has two products: A and B. The company estimated MOH cost and expected activity for each ofthe company's three activity cost pools are as follows:ActivityCost poolActivity 1Activity 2Activity 3What is the activity rate under the cost activity costing system for activity 3?EstimatedExpęcted Activity (Allocation base)Product BМонProduct ATotal2200040010050016,24014,600380200580500250750 TCM Company has two products: A and B. The company uses activity cased costing and has prepared thefollowing analysis showing the estimated total manufacturing overhead cost and expected activity for each ofthe company's three activity cost pools:Expected Activity (Allocation base)TotalEstimatedActivityCost poolActivity 1Activity 2Activity 3The annual production and sales of product A is 4547 units. The annual sales and production of product B is7913.монProduct AProduct B20000100400500146255002507506000030027003000What is the total manufacturing over allocated to product B under activity-based costing?

1) Activity rate for activity 3 = Estimated MOH in activity 3/Total expected activity =…

Answered: TGM Company has two products: A and B.…

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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