Flynn Industries has three activity cost pools and two products. It expects to produce 3,980 units...
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Flynn Industries has three activity cost pools and two products. It expects to produce 3,980 units of Product BC113 and 1,560 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers. Expected Use of Cost Drivers per Product Annual Overhead Data Estimated Expected Use of Cost Product Product Activity Cost Pools Cost Drivers Overhead Drivers per Activity 43 BC113 AD908 Machine setup Setups $19,651 22 21 Machining Machine hours 79,712 4,982 1,090 3,892 Packing Orders 28,609 469 100 369 Using the above data, do the following: Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Estimated Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Cost Overhead Pools Machine per setups setup setup per machine Machining machin hours hr %24 Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Estimated Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Cost Overhead Pools Machine per setups setup setup per machine Machining machin hours hr. per Packing orders $ order Prepare a schedule assigning each activity's overhead cost to the two products. вс113 Activity Expected Use of Cost Drivers per Product Expected Use Drivers per F Activity-Based Cost Cost Overhead Rates Assigned Pools Machine setup Machining %24 %24 Prepare a schedule assigning each activity's overhead cost to the two products. Вс113 Activity Expected Use of Cost Activity-Based Cost Expected Use Drivers per F Cost Drivers per Product Overhead Rates Assigned Pools Machine setup Machining Packing Total assigned costs Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, eg. 12.25) BC113 AD908 Overhead cost per unit %24 %24 Flynn Industries has three activity cost pools and two products. It expects to produce 3,980 units of Product BC113 and 1,560 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers. Expected Use of Cost Drivers per Product Annual Overhead Data Estimated Expected Use of Cost Product Product Activity Cost Pools Cost Drivers Overhead Drivers per Activity 43 BC113 AD908 Machine setup Setups $19,651 22 21 Machining Machine hours 79,712 4,982 1,090 3,892 Packing Orders 28,609 469 100 369 Using the above data, do the following: Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Estimated Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Cost Overhead Pools Machine per setups setup setup per machine Machining machin hours hr %24 Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. Activity Estimated Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Cost Overhead Pools Machine per setups setup setup per machine Machining machin hours hr. per Packing orders $ order Prepare a schedule assigning each activity's overhead cost to the two products. вс113 Activity Expected Use of Cost Drivers per Product Expected Use Drivers per F Activity-Based Cost Cost Overhead Rates Assigned Pools Machine setup Machining %24 %24 Prepare a schedule assigning each activity's overhead cost to the two products. Вс113 Activity Expected Use of Cost Activity-Based Cost Expected Use Drivers per F Cost Drivers per Product Overhead Rates Assigned Pools Machine setup Machining Packing Total assigned costs Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, eg. 12.25) BC113 AD908 Overhead cost per unit %24 %24
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Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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