Question: Current Attempt in Progress Swifty Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of
Current Attempt in Progress Swifty Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Swifty accumulated the following data relative to those activity cost pools and cost drivers. Use of Annual Overhead Data Cost Drivers per Product Estimated Use Estimated of Cost Product Product Activity Cost Pools Cost Drivers Overhead Drivers per Activity BC113 AD908 Machine setup Setups $15.600 39 29 10 Machining Machine hours 86.190 5,070 1,080 3,990 Packing Orders 30,250 550 200 350 Using the above data, do the following: Question 3 of 3 < > (a) Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Cost Pools Machine $ setup Machining Packing $ Estimated Overhead eTextbook and Media Estimated Use of Cost Drivers per Activity setups $ machine hours $ -13 Activity-Based Overhead Rates Save space by optimizing vorag per setup. per machine hr. per orders $ order
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
