Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other....

  

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Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment expense Supervisory expense $80,400 $ 4,100 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Supervisory expense Machining 0.60 0.60 Activity Cost Pools. Order Filling 0.20 0.10 Other 0.20 0.30 Machining costs are assigned to products using machine-hours (MHS) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Product MO Product H2 Total MHS (Machining) 1,300 9,540 10,840 Orders (Order Filling) 790 1,480 2,270 What is the overhead cost assigned to Product H2 under activity-based costing? (Round your intermediate calculations to 2 decimal places.) Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment expense Supervisory expense $80,400 $ 4,100 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Supervisory expense Machining 0.60 0.60 Activity Cost Pools. Order Filling 0.20 0.10 Other 0.20 0.30 Machining costs are assigned to products using machine-hours (MHS) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Product MO Product H2 Total MHS (Machining) 1,300 9,540 10,840 Orders (Order Filling) 790 1,480 2,270 What is the overhead cost assigned to Product H2 under activity-based costing? (Round your intermediate calculations to 2 decimal places.)

Answer rating: 100% (QA)

Amount in cost pool Formula A B C D E 1 Particulars Machine Order filling Ot... View the full answer