Question: Required information Problem 17-3A Applying activity-based costing LO P1, P3, A1, A2, C3 The following information applies to the questions displayed below Craft Pro Machining
Required information Problem 17-3A Applying activity-based costing LO P1, P3, A1, A2, C3 The following information applies to the questions displayed below Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Indirect Labor Indirect Materials Other Overhead Grinding Polishing Product modification Providing power System calibration $350,000 450,000 540, 000 $175,000 260,000 Additional information on the drivers for its production activities follows 12,000 machine hour 12,000 machine hour Grinding Polishing Product modi fication,800 engineering hours Providing power Syatem calibration 19,000 direct labor hours 1,550 batches Job 3175 150 units 250 M ob 1286 1,875 units 2, 500 M Mumber of unit Machine hours eng hours eng- 30 30 Engineering hours Batches Direct labor hours hours 45 batches 15 batches 430 DLH 3, 870 DLH
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
