Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Question

Question

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:

Activity Cost Pool	Activity Rate
Setting up batches	$	59.11	per batch
Processing customer orders	$	72.69	per customer order
Assembling products	$	3.80	per assembly hour

Data concerning two products appear below:

	Product K91B	Product F65O
Number of batches	80	51
Number of customer orders	30	44
Number of assembly hours	484	891

How much overhead cost would be assigned to Product K91B using the activity-based costing system? (Round your intermediate calculations and final answers to 2 decimal places.)

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Solution:

Computation of Overhead assigned to Product K91B
Activity Cost Pool	Activity rate		Activity usage by Order	Overhead assigned
Setting Up batches	$59.11	Per batch	80	$4,728.80
Processing customer orders	$72.69	Per customer order	30	$2,180.70
Assembling products	$3.80	per assembly hour	484	$1,839.20

Total Overhead assigned to Product K91B				$8,748.70

Add a comment

Answer 2

Similar Homework Help Questions

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 59.91 per batch Processing customer orders $ 73.17 per customer order Assembling products $ 4.60 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 96 67 Number of customer orders 46 60 Number of assembly hours 500 907 How much overhead cost would be assigned to Product...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 59.46 per batch Processing customer orders $ 72.90 per customer order Assembling products $ 4.15 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 87 58 Number of customer orders 37 51 Number of assembly hours 491 898 How much overhead cost would be assigned to Product...
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 60.06 per batch Processing customer orders $ 73.26 per customer order Assembling products $ 4.75 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 99 70 Number of customer orders 49 63 Number of assembly hours 503 910 How much overhead cost would be assigned to Product...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches Processing customer orders Assembling products $59.71 per batch $73.05 per customer order $ 4.40 per assembly hour Data concerning two products appear below: Product Product K91B F650 Number of batches 92 63 Number of customer orders 42 56 Number of assembly hours 496 903 How much overhead cost would be assigned to Product K91B using...
Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Activity Rate Setting up batches $ 72.02 per batch Processing customer orders $ 29.08 per customer order Assembling products $ 13.51 per assembly hour Data concerning two products appear below: Product K52W Product X94T Number of batches 67 54 Number of customer orders 47 32 Number of assembly hours 420 163 Required: How much overhead cost would be assigned to...
Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Setting up batches Processing customer orders Assembling products Activity Rate $86.75 per batch $77.49 per customer order $12.41 per assembly hour Data concerning two products appear below. Number of batches Number of customer orders Number of assembly hours Product V912 70 21 493 Product V211 13 10 698 How much overhead cost would be assigned to Product V91Z using the...

Doles Corporation uses the following activity rates from Its activity-based costing to assign overhead costs to...

Doles Corporation uses the following activity rates from Its activity-based costing to assign overhead costs to products. Activity Cost Pools Setting up batches Processing customer orders Assembling products Activity Rate $70.62 per batch $27.68 per customer order $12.81 per assembly hour Data concerning two products appear below. Product K52W Product X94T Number of batches 68 55 Number of customer orders 48 33 Number of assembly hours 421 164 Required: How much overhead cost would be assigned to each of the...
Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Setting up batches Processing customer orders Assembling products Activity Rate $66.52 per batch $23.58 per customer order $10.71 per assembly hour Data concerning two products appear below: Number of batches Number of customer orders Number of assembly hours Product K52W 65 45 Product X94T 52 30 418 161 Required: How much overhead cost would be assigned to each of the...
Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Setting up batches Processing customer orders Assembling products Activity Rate $65.32 per batch $22.38 per customer order $10.11 per assembly hour Data concerning two products appear below: Number of batches Number of customer orders Number of assembly hours Product K52W 68 48 421 Product X941 55 33 164 Required: How much overhead cost would be assigned to each of the...

Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Setting up batches Processing customer orders Assembling products Activity Rate $89.00 per batch $79.41 per customer order $14.11 per assembly hour Data concerning two products appear below: Product V211 13 Number of batches Number of customer orders Number of assembly hours Product V912 70 21 493 10 698 How much overhead cost would be assigned to Product V912 using the...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Homework Answers