Question: Current Attempt in Progress Blossom Industries has three activity cost pools and two products. It estimates production of 3,000 units of Product BC113 and 1.400

 Current Attempt in Progress Blossom Industries has three activity cost pools
and two products. It estimates production of 3,000 units of Product BC113

Current Attempt in Progress Blossom 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, Blossom accumulated the following data relative to those activity cost pools and cost drivers. Annual Overhead Data Use of Cost Drivers per Product Product Product BC113 AD 908 Activity Cost Pool Cost Drivers Estimated Overhead Estimated Use of Cost Drivers per Activity Machine set-up Set-ups $ 21,465 45 28 17 Machining Machine hours 111.760 5.080 1,016 4,064 Packing Orders 29.890 490 147 343 (b) Prepare a schedule assigning each activity's overhead cost to the two products. Assignment of overhead: BC113 AD908 Machine set-up $ $ Machining $ $ Packing $ $ Overhead assigned $ $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!