Cullumber Industries has three activity cost pools and two products. It estimates production of 3,000...
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Accounting
Cullumber Industries has three activity cost pools and two products. It estimates production of 3,000 units of Product BC113 and 1,400 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Cullumber accumulated the following data relative to those activity cost pools and cost drivers.
Annual Overhead Data
Use of Cost Driversper Product
Activity Cost Pool
Cost Drivers
EstimatedOverhead
Estimated Use ofCost Drivers per Activity
Product BC113
Product AD908
Machine set-up
Set-ups
$
21,156
41
26
15
Machining
Machine hours
112,240
4,880
976
3,904
Packing
Orders
29,280
480
144
336
Prepare a schedule assigning each activitys overhead cost to the two products.
Assignment of overhead:
BC113
AD908
Machine set-up
$enter a dollar amount
$enter a dollar amount
Machining
$enter a dollar amount
$enter a dollar amount
Packing
$enter a dollar amount
$enter a dollar amount
Overhead assigned
$enter a total amount
$enter a total amount
Answer & Explanation
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