1.
Activity | Cost | Amount of driver | Activity rate | |
Material handling | $72,000 | 3,000 | $24 (72,000/3,000) | per moves |
Engineering | 165,000 | 10,000 | 165 (165,000/10,000) | per change orders |
Other overhead | 280,000 | 50,000 | 5.6 (280,000/50,000) | per direct labor hours |
2.
Heitger Company Job Order Cost Sheets |
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Job 13-43 | Job 13-44 | Job 13-45 | Job 13-46 | |
Balance, July 1 | $20,300 | $19,800 | $2,300 | $0 |
Direct material | 6,500 | 8,900 | 12,700 | 9,800 |
Direct labor | 18,000 | 20,000 | 32,000 | 2,400 |
Material's handling | 1,056 (44*$24) | 1,248 (52*$24) | 696 (29*$24) | 120 (5*$24) |
Engineering | 4,950 (30*$165) | 6,600 (40*$165) | 3,300 (20*$165) | 3,300 (20*$165) |
Other overhead | 5,040 (900*$5.6) | 5,600 (1,000*$5.6) | 8,960 (1,600*$5.6) | 672 (120*$5.6) |
Total | $55,846 | $62,148 | $59,956 | $16,292 |
3.
Work in process balance, July 31 = $59,956 (Job 13-45) +16,292 (Job 13-46) = $76,248
4.
Cost of goods sold = $55,846 (Job 13-43) + 62,148 (Job 13-44) = $117,994
5.
Difference in new cost of Job 13-46 = $3,300 Lower
Job Costs Using Activity-Based Costing Heitger Company is a job-order costing firm that uses activity-based costing...
Job Costs Using Activity-Based Costing 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 $55,000 Number of moves 2,500 Engineering 101,500 Number of change orders 7,000 Other overhead 180,000 Direct labor hours 50,000 Job Costs Using Activity-Based Costing Heitger Company is a job-order costing firm that uses activity-based costing...
Job Costs Using Activity-Based Costing 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 $121,000 Number of moves 5,000 Engineering 125,250 Number of change orders 7,500 Other overhead 272,600 Direct labor hours 47,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job...
Job Costs Using Activity-Based Costing 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 $92,400 Number of moves 4,000 Engineering 93,600 Number of change orders 6,000 Other overhead 230,300 Direct labor hours 49,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job...
Job Costs Using Activity-Based Costing 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 $56,250 Number of moves 2,500 Engineering 142,500 Number of change orders 9,500 Other overhead 209,100 Direct labor hours 51,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job...
Job Costs Using Activity-Based Costing 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 $71,100 Number of moves 3,000 Engineering 105,300 Number of change orders 6,500 Other overhead 238,500 Direct labor hours 45,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job...
Job Costs Using Activity-Based Costing 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 $49,400 Number of moves 2,000 Engineering 129,000 Number of change orders 7,500 Other overhead 321,300 Direct labor hours 51,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job...
Job Costs Using Activity-Based Costing 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 $56,250 Number of moves 2,500 Engineering 142,500 Number of change orders 9,500 Other overhead 209,100 Direct labor hours 51,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job...
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 $48,200 Number of moves 2,000 Engineering 157,700 Number of change orders 9,500 Other overhead 256,500 Direct labor hours 45,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 Beginning balance...
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...
Beginning $24,100 $17,600 $3,700 $0 balance Direct $6,000 materials $8,800 $10,500 $9,700 Direct labor $980 cost $980 $1,660 $150 Job 13- Job 13- Job 13- Job 13- 43 44 45 46 Number of moves 43 54 26 5 Number of 29 39 17 16 change orders Direct labor hours 980 980 1,660 150 By July 31, Jobs 13-43 and 13-44 were completed and sold. Jobs 13-45 and 13-46 were still in process, Required: 1. Calculate the activity rates for each...