Question

Exercise 5-29 ABC and Job Costing Working with Unknowns [LO 5-3] North Company designs and manufactures machines that facilitate DNA sequencing. Depending on the intended purpose of each machine and its functions, each machine is likely to be unique. The job costing system in its Norfolk plant has five activity cost pools, in addition to direct materials and direct labor. Job TPY-2306 requires 1,000 printed circuit boards. The cost per board that passes the final inspection is $240. On average, only 50% of the completed units pass the final inspection. The prime costs per completed board include $26 for direct materials and $5 for direct labor. Required: Information pertaining to manufacturing overhead for printed circuit boards follows: Fill in the missing amount. (Round your answers to 2 decimal places.) Activity Axial insertion Hardware insertion Hand load Cost Driver Number of axial insertions Number of hardware insertions Boothroyd time Number of points masked Test time Activity Activity Factory Driver Consumption Overhead Rate per Board per Board 0.33 24.00 4.00 54.80 5.00 38.55 0.16 90.00 10.00 6.00 Masking Final test 0.00

Answer 1

Fill missing amount

Activity	Cost driver	Activity driver rate	Activity consumption per board	Factory overhead per board
Axial insertion	Number of axial insertions	0.33	24	24*.33 = 7.92
Hardware insertion	Number of hardware insertions	4	54.80/4 = 13.70	54.80
Hand load	Boothroyd time	38.55/5 = 7.71	5	38.55
Masking	Number of points masked	0.16	90	90*.16 = 14.40
Final test	Test time	6/10 = 0.60	10	6.00