Fischer Company identified the following activities, costs, and activity drivers: ...
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Accounting
Fischer Company identified the following activities, costs, and activity drivers:
Activity
Expected Costs
Expected Activity
Handling parts
$525,000
25,000 parts in stock
Inspecting product
$390,000
940 batches
Processing purchase orders
$220,000
440 orders
Designing packaging
$230,000
5 models
a. What is total overhead cost for Job 102 using a plantwide overhead rate assuming the company assigns overhead based on 60,000 budgeted direct labor hours (Round to two decimals)?
b. What is the total overhead cost for JOB 102 using Activity Based costing given the following statistics?
JOB 101 JOB 102
Handling parts
100 parts
200
Inspecting product
10 batches
5
Processing purchase orders
2 orders
5
Designing packaging
1 design
2
Direct Labor Hours 500 DL hours 800 DL hours
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