Question: ACTIVITY - BASED CoSTING, CoST dRIVERS Southern Metals Company's controller has established these overhead cost pools and cost drivers for 2 0 0 1 :
ACTIVITYBASED CoSTING, CoST dRIVERS Southern Metals Company's controller has established these overhead cost pools and cost drivers for :
tableOverhead Cost Pool,tableBudgotedOvorheadtableExpectedCost DriverActivity LevelMachine setups,$Number of setups,PowerMachinehours, IbMaterials handling,Materials weight, unitsQuality control,Number of units, hoursOther overhead,Direct laborhours,
During March Southern received an order for machine tools and produced them. The order required the following:
Machine setups
Machinehours
Materials
Direct laborhours
hours
Required
Calculate the predetermined factory overhead rates for cost drivers.
What was the total factory overhead assigned to fill the order under the activitybased costing approach?
Suppose that a single predetermined factory overhead rate based on machinehours was used to apply factory overhead. What was the predetermined factory overhead rate? What amount of factory overhead was applied to the order?
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