Question: Question 1 View Policies Current Attempt in Progress Oriole Machining makes three products. The company's annual budget includes $1,099.000 of overhead. In the past, the

Question 1 View Policies Current Attempt in Progress Oriole Machining makes three products. The company's annual budget includes $1,099.000 of overhead. In the past, the company allocated overhead based on expected capacity of 40,000 direct labor hours. The company recently implemented an activity-based costing system and has determined that overhead costs can be broken into four overhead pools order processing, setups, milling, and shipping. The following is a summary of company information: Expected Cost $ 232,700 Expected Activities 13.000 orders Order processing Setups Milling 186,300 420.000 260,000 $ 1,099,000 4,600 setups 20.000 machine hours 25.000 shipments Shipping (a) Calculate the company's overhead rate based on direct labor hours. (Round answer to 2 decimal places, eg. 15.25.) Overhead rate $ /DLH (b) Calculate the company's overhead rates using the activity-based costing pools. (Round answers to 2 decimal places, e... 15.25.) Order processing $ per order per setup Setups A Milling per machine hour Shipping per shipment
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