Question: Question 3 of 9 - 1 3 Current Attempt in Progress Concord Industries has three activity cost pools and two products. It estimates production 2

 Question 3 of 9 -13 Current Attempt in Progress Concord Industries

Question 3 of 9
-13
Current Attempt in Progress
Concord Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Concord accumulated the following data relative to those activity cost pools and cost drivers.
\table[[Annual Overhead Data,\table[[Use of],[Cost Drivers per Product]]],[Activity Cost Pools,Cost Drivers,\table[[Estimated],[Overhead]],\table[[Estimated Use],[of Cost],[Drivers per],[Activity]],\table[[Product],[BC113]],\table[[Product],[AD908]]],[Machine setup,Setups,$14,800,37,27,10],[Machining,Machine hours,82,080,5,130,1,040,4,090],[Packing,Orders,26,000,500,120,380]]
Using the above data, do the following:
(a)
Prepare a schedule showing the computations of the activity-based overhead rates per cost driver.
\table[[\table[[Activity],[Cost],[Pools]],\table[[Estimated],[Overhead]],\table[[Estimated Use of Cost],[Drivers per Activity]],\table[[Activity-Based],[Overhead Rates]],],[\table[[Machine],[setup]],$,setups,$,\table[[per],[setup]]],[Machining,,\table[[machine],[hours]],$,\table[[machine],[hr.]]],[Packing,,orders,$,\table[[per],[order]]]]
has three activity cost pools and two products. It estimates production 2,000

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