Practuce Chapter 5 Question 3

Sylvan Company uses activitybased costing to determine product costs for external financial reports. Some of the entries have been completed to the manufacturing overhead account for the current year, as shown by entry (at below: Manufacturing Overhead ta} 2,402,000 At the beginning of the year. the company made the following estimates of cost and activity for its ve activity cost pools: Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Labour related half: 'abour' $560,000 40,000 DLHs Purchase orders Number Of 45,000 1,500 orders orders Parts Number of part 360,000 400 part management types types Board etching Number Of 450,000 2,000 boards boards General factory Machine-hours 600,000 80,000 MHs The activities during the year were distributed across the company's four products as follows: The activities during the year were distributed across the company's four products as follows: Activity Cost Pool Actual Activity Product A Product B Product C Product D Labour related 41,000 DLHs 13,500 7,500 10,500 9,500 Purchase orders 1,300 orders 90 350 310 550 Parts 420 Part 70 115 110 management 125 types Board etching 2,150 boards 450 1,000 500 200 General factory 82,000 MHs 24,000 20,000 20,000 18,000 Required: Compute the amount of overhead cost applied to each product during the year. (Do not round intermediate calculations.) Applied Overhead Activity Cost Pool Product A Product B Product C Product D Labour related Purchase orders Parts management Board etching General factory Total 0 $ 0 $ 0 $ 0