Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable...
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Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Estimated Cost Driver 84, 200 8,500 495 Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool E4-3 (Algo) Calculating Activity Rates, Classifying Activities [LO 4-2, 4-4] Cost Driver $345,220 Number of machine hours 79,900 Number of design hours 76,983 Number of batches Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Activity Required 1 Required 2 Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Machining Design Costs Setup per Machine Hour per Design Hour per Batch Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Estimated Cost Driver 84, 200 8,500 495 Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool E4-3 (Algo) Calculating Activity Rates, Classifying Activities [LO 4-2, 4-4] Cost Driver $345,220 Number of machine hours 79,900 Number of design hours 76,983 Number of batches Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Activity Required 1 Required 2 Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Machining Design Costs Setup per Machine Hour per Design Hour per Batch
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Step 1 Calculation of overhead rates based on cost driivers 1 Machining 435620 94700 46 per hour 2 D... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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