Question: Problem 1 7 - 1 A ( Algo ) Comparing plantwide rate method and activity - based costing LO P 1 , P 3 Cratmore
Problem A Algo Comparing plantwide rate method and activitybased costing LO P P
Cratmore Machining reports the following budgeted overhead cost and nelabed data for this year.
tableWhitty iglit twit,TCTTIT TWI TYTigutatettulty throveAastatylyHareat labor hears buyPreduct essign,susep,feginerify helpy two,tiestricityTachine havers #testueLetur,Potal Nees,,
tableArtimity meleActivity Cost Briver,Job Jab Olrect labar hours DLMcheEnglineuring hewry resRuchine hours MMSetupsTetal
tableActivity Cost Driver,Activity UsaptJob Job Engineering hours EMMachine hours NMSetups
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Compute a single plantwide overhead rate assuming the company allocates overhead cost based on direct labor
tableNumuratorTotal budgeted overtead cost,,DenominatorTlotal budgeled direct labor hours,,
tableper direct labor hourRequired
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Job used direct labor hours and Job used direct labor hours. Allocate overhead cost to each job plantwide overhead rate from part
tablePuntwifle Overheasl Rate,Direct Labor Hours per Unit,Overhead AllocatedJob Jer direct lator how,,per direct labor how,,direct labor hours,
tableActivityBudgeted Cost,Budgeted Activity Usage,Activity RateAusenblyDireat liber hours,$Product design,,ElectivitySelupper setuptableAllocate overhend to Job ActivityActivity Usage,Activity Rate,,Alocated CostAssemblyDirect labor hours,,per direct labor hour,,Product design,Engineering hours,,per anglineering hour,,ElectricilyMachine hours,,per machine hour,,SelupSetups,,per setup,,TotalAllocate overtheaf to Job AActivityActivity Usape,Activity Rate,Allocated CostAuseribyDised liber hous,,per direct labor how,,Proovat design,Engineelry hours,,per engineering novi,,TredivilyMachine hous,,per machine hour,,SelveSelups,,par sethe,,
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