Question

Check my work 3 Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that Schell has conducted further research into its overhead and potential cost drivers. As a result, the company has compiled the following detailed information, breaking total overhead into three cost pools: 2 points Skipped Activity Cost Pools Material handling Quality control Machine maintenance Cost Assigned to Cost Driver Pool Number of moves $ 2,116.00 Number of inspections $ 9,453.00 Number of machine hours $15,036.00 Quantity/Amount Consumed by Standard Floor Mat Line 48 moves 700 inspections 2,960 machine hours Quantity/Amount Consumed by Deluxe Floor Mat Line 44 moves 670 inspections 4,200 machine hours eBook Required: 1. Calculate the activity rates for each cost pool assuming Schell uses an ABC system. 2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. 3. Determine the amount of overhead Schell will assign to the Deluxe product line. Print Complete this question by entering your answers in the tabs below. References Req 1 Req 2 and 3 Calculate the activity rates for each cost pool assuming Schell uses an ABC system. (Round your answers to 2 decimal places.) Activity Rate Material Handling per Material Move Quality Control per Inspection Machine maintenance per Machine Hour < Req1 Req 2 and 3 Mc Graw Hill < Prev 3 of 5 1 Next >

Answer 1

Answer: 1.) Activity Rate can be calculated by dividing Cast assigned to pool by Total activity. Material Handling $2,116 48+44 mones PAPA do $23 per material mone Quality Control $ 9453 700 +670 Inspections =1$6.90 per enspection

2 Machine Maintenance 32 boelieve $ 15,036 2960+ 4er machine hours brevis $2.10 per machine hour 2. Overhead assigned to standard floor mat line are as follows: 34687 Cost Cost fill Activity Activity cost Overhead assigned Pool Rate driners $23 48 material handling $1104 $6.90 700 $4830 Quality control Machine Maintenance $2.10 2960 $ 6216 Total overhead assigned $12,50

Overhead assigned to Deline Product lino are as follous- 3.) Activity Cost Pool Activity Rate Overhead assigned Cost Drivers 44 $1012 $23 material Handling 670 $4623 Quality Control LAN 03 Machine Maintenance $6.90 oses $2010 4200 $8820 Total Overhead assigned. $14,455 യാപാരി CH

Thankyou........