Question 8

Part 1:

Part 2:

Part 3:

If you answer the parts correctly i will give a like feedback!

Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Cost Driver Est. Overhead Activity Cost Pool Ordering and Receiving Cost Driver Activity 500 orders Orders $ 65000 Machine Setup Setups 247500 450 setups Machining Machine hours 1362500 125000 MH Assembly Parts 1090000 1000000 parts 500 inspections Inspection Inspections 245000 If overhead is applied using activity-based costing the overhead application rate for ordering and receiving is $130 per order $0.07 per part $6020 per order $0.65 per direct labor hour. Estimated costs for activity cost pools and other item(s) are as follows: Machining $500000 Assembling 250000 Advertising 450000 Inspecting and testing 225000 Total estimated overhead is $1200000. $975000. $1425000. $750000 Estimated costs for activity cost pools and other item(s) are as follows: Machining $500000 Assembling 250000 Advertising 450000 Inspecting and testing 225000 Total estimated overhead is $1200000. $975000. $1425000. $750000