Use this information for the remaining questions in this quiz.
Anfuso Corporation uses activity-based costing.
The company has provided the following data concerning its activity-based costing system:
Estimated
Overhead Cost for
Activity Cost Pools (and Activity Measures) 20X5
Machine related (machine-hours) .................................. $159,500
Bath setup (setups) .................................................. $269,000
General factory (direct labor-hours) ............................... $166,500
Expected Activity in 20X5
Activity levels Product X ProdcutY
Machine hours ................ 8,000 3.000
Setups ............................... 8.000 4.000
Direct labor hours 5.000 4.000
Compute the activity rate for each pool. (Just compute the rates here-you are not being asked to allocate costs yet.)
This is a continuation of the Anfuso problem above. Refer to that
A bath of product X uses the following during 20X5
- Direct materials: $1200 (300 pounds at $4/lb.)
- Direct labor hours:$4.500 (450 at $10 wage rate)
- Machine hours:840 hours
- Setups:510 setups
1. Compute the overhead cost that will be allocated to this bath of products, using ABC. Label your work clearly.
2. Compute the total cost of that bath of products.
(Hint) - I want total cost not just overhead cost)
Put your final answers for both pat first then show work under.