cost accounting

Project Description:

determining job costs, using activity- based costing fabreeze manufacturing co. uses activity- based costing. the factory overhead budget for the coming period is $ 500,000, consisting of the following:
cost pool budgeted amount direct labor . . . $ 150,000
machine support . 200,000
machine setups 100,000
design changes . 50,000
total.. . . . . . . . . . $ 500,000
the potential allocation bases and their estimated amounts were as follows:

cost pool budgeted amount number of design changes. . 50
number of setups . . . . . . . . 200
machine hours . . . . . . . 10,000
direct labor hours . . . . . . 20,000

1. determine the overhead rate for each cost pool, using the most appropriate allocation base for each pool. ( use each allocation base only once.) 2. job 2525 required $ 25,000 for direct materials, $ 10,000 for direct labor, 500 direct labor hours, 1,000 machine hours, five setups, and three design changes. determine the cost of job 2525.
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