Correct answer---a. $53
Calculation of Activity rates |
|||||
Activity Cost Pool |
Activity driver |
Overhead Cost |
Expected Activity (B) |
Activity rate (A/B) |
|
Machine setup |
Number of Setups |
$ 1,502.00 |
344 |
$ 4.37 |
Per Setups |
Orders |
Number of orders |
$ 1,267.00 |
131 |
$ 9.67 |
Per orders |
Shipping |
Number of hours |
$ 1,469.00 |
269 |
$ 5.46 |
Per hours |
Cost assigned |
|||
Activity name |
Activity Rates |
Activity |
ABC Cost |
(A) |
(B) |
(A x B) |
|
Machine setup |
$ 4.37 |
2 |
$ 8.73 |
Orders |
$ 9.67 |
3 |
$ 29.02 |
Shipping |
$ 5.46 |
3 |
$ 15.29 |
Total Overheads assigned |
$ 53.04 |
computactivity based costing system How Does l Relate to Li The leton Central MyCarleton Email You...
The following data regarding the activity-based costing system at the Herman Company is available Activity Pool Machine set up Orders Shipping Budgeted Activity 304 144 204 Budgeted Cost S1216 1243 1444 ase # of setups # of orders Hours Herman completed a total of 10 jobs during the period, of which the last job just completed for a customer required 2 setups, 6 orders, and 2.6 hour of shipping time. How much cost will be assigned to the job by...
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How would you answer this? Calculator Heitger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $ 72,000 Number of moves 3,000 Engineering Number of change orders 10,000 165,000 280,000 Other overhead Direct labor hours 50,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job...
cách). 1. Activity-based costing differs from a traditional costing system in all of the following aspects EXEPT: A) Direct materials, direct labor, and shipping costs are directly assigned to cost objects. B) Numerous overhead cost pools are used in ABC system. C) Most but not all manufacturing costs are assigned to products. D) Non-manufacturing as well as manufacturing costs may be assigned to products. 2. In activity-based costing, the activity rate for an activity cost pool is computed by dividing...
foi gou might imagin he ABcd Tank Maufactring Cony uses an activiny-based costing system. ABC has given you the Overhead Costs Wages and salaries Other overhead costs $360,000 195,000 Total overhead costs $555,000 Activity Cost Pool Direct labor support Number of direct labor-hours Order processingNumber of orders Customer support Number of customers Other 11,500 DLHS 580 orders 95 customers This is an organization-sustaining activity Not applicable Distribution of Resource Consumption Across Activities Direct Labor Order Customer Support Processing Support Other...
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Activity-Based Costing, Unit Cost, Ending Work-in-Process Inventory, Journal Entries Feldspar Company uses an ABC system to apply overhead. There are three activity rates: Setting up $20 per setup Machining $5.20 per machine hour Other overhead 70% of direct labor cost During September, Feldspar worked on three jobs. Data relating to these jobs follow: Job 13-280 Job 13-281 Job 13-282 Units in each order 200 500 100 Units sold 200 — 100 Materials requisitioned $4,720 $3,700 $5,800 Direct labor cost $2,000...