Question: mmm Using the ABC data, determine the total amount of overhead cost assigned to each product. ences Activity Cost Pool Overhead Cost Overhead Cost Overhead

 mmm Using the ABC data, determine the total amount of overheadcost assigned to each product. ences Activity Cost Pool Overhead Cost OverheadCost Overhead Cost Assigned Overhead Cost Assigned Assigned Product A Assigned Product

mmm Using the ABC data, determine the total amount of overhead cost assigned to each product. ences Activity Cost Pool Overhead Cost Overhead Cost Overhead Cost Assigned Overhead Cost Assigned Assigned Product A Assigned Product B Product C Product D Labor-related (DLHs) $ 156,000 $ 26,000 $ 6 $ 112,500 Purchase orders (orders) 11,000 220 50 192,000 Parts management (part types) 80,000 100 800 112,000 Board etching (boards) 90,000 2.000 45 100,500 General factory (MHs) 180,000 20,000 9 Total $ 517,000 $ 48,320 $ 910 $ 517,000 Mc Graw Hill MacBook Air DI 20 Q F6 F7 F4 F5 SC F3 F2 F1 * $ %2 Exercise 4-5 (Static) Assigning Overhead to Products in ABC [LO4-2, LO4-3] Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: nts Activity Cost Pool Expected Labor-related Activity Measure Overhead Cost Expected Activity Purchase orders Direct labor-hours $ 156, 000 Number of orders 26, 000 DLHS Parts management $ 11, 000 220 orders Number of part types Board etching $ 80, 000 100 part types Number of boards General factory $ 90, 000 2,000 boards eBook Machine-hours $ 180, 000 20, 000 MHS Required: 1. Compute the activity rate for each of the activity cost pools. Hint 2. The expected activity for the year was distributed among the company's four products as follows: Expected Activity Activity Cost Pool Product A Product B Product C Product D References Labor-related (DLHs) 6, 000 11, 000 4, 000 5, 000 Purchase orders (orders) 60 30 40 90 Parts management (part types) 30 15 40 15 Board etching (boards) 500 900 600 6, 000 General factory (MHs) 3, 000 8,000 3,000 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Overhead Cost Overhead Cost Overhead Cost Assigned Assigned Assigned Assigned Product D Activity Cost Pool Product A Product R Product C. Next >

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!