Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the following six activity cost pools and activity rates:
Activity Cost Pool | Activity Rates | ||
Supporting direct labor | $ | 11 | per direct labor-hour |
Machine processing | $ | 5 | per machine-hour |
Machine setups | $ | 45 | per setup |
Production orders | $ | 160 | per order |
Shipments | $ | 125 | per shipment |
Product sustaining | $ | 800 | per product |
Activity data have been supplied for the following two products:
Total Expected Activity |
||
K425 | M67 | |
Number of units produced per year | 200 | 2,000 |
Direct labor-hours | 975 | 30 |
Machine-hours | 3,000 | 20 |
Machine setups | 5 | 3 |
Production orders | 5 | 3 |
Shipments | 10 | 3 |
Product sustaining | 3 | 3 |
Required:
How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system?
|
K425 | M67 | |
Supporting direct labor | $11*975 = $10,725 | $11*30 = $330 |
Machine processing | $5*3,000 = $15,000 | $5*20 = $100 |
Machine setups | $49*5 = $245 | $49*3 = $147 |
Production orders | $160*5 = $800 | 160*3 = $480 |
Shipments | $125*10 = $1,250 | $125*3 = $375 |
Product sustaining | $800*3 = $2,400 | $800*3 = $2,400 |
Total overhead cost | $ 30,420 | $ 3,832 |
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Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Supporting direct labor $ 7 per direct labor-hour Machine processing $ 2 per machine-hour Machine setups $ 45 per setup Production orders $ 150 per order Shipments $ 110 per shipment Product sustaining $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Supporting direct labor $ 8 per direct labor-hour Machine processing $ 5 per machine-hour Machine setups $ 35 per setup Production orders $ 160 per order Shipments $ 110 per shipment Product sustaining $ 850 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Supporting direct labor $ 8 per direct labor-hour Machine processing $ 5 per machine-hour Machine setups $ 40 per setup Production orders $ 150 per order Shipments $ 120 per shipment Product sustaining $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Supporting direct labor $ 8 per direct labor-hour Machine processing $ 5 per machine-hour Machine setups $ 40 per setup Production orders $ 160 per order Shipments $ 120 per shipment Product sustaining $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Supporting direct labor $ 8 per direct labor-hour Machine processing $ 4 per machine-hour Machine setups $ 50 per setup Production orders $ 170 per order Shipments $ 125 per shipment Product sustaining $ 825 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 9 per direct labor-hour $ 4 per machine-hour $ 40 per setup $ 160 per order $ 125 per shipment $ 775 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 10 per direct labor-hour $ per machine-hour $ 40 per setup $ 160 per order $ 130 per shipment 775 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 200...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 7 per direct labor-hour $ 5 per machine-hour $ 35 per setup $ 160 per order $ 125 per shipment $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 11 per direct labor-hour $ 2 per machine-hour $40 per setup $ 150 per order $ 125 per shipment $ 825 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 7 per direct labor-hour $ 3 per machine-hour $ 40 per setup $ 160 per order $ 130 per shipment $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...