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H Exercise 4 Your Co. sells two products (1&2), and two departments serve factory workers (materials dept. & support dept.). To follow are various production data. Expected Usage Activity Purchasing & receiving Materials Storage of materials Moving materials Expected Cost $14,000 $7,000 $10,500 Driver Purchase orders Square feet storage Parts Product 1 Product 2 800 200 400 600 100 200 Total 1,000 1,000 300 7 10 Machine maintenance Support Cleaning workspace Factory security $21,000 $3,500 $14,000 Machine hours Square feet production square feet production 1,000 3,000 3,000 2,000 2,000 2,000 3,000 5,000 5,000 Assuming Your Co uses the ABC method to assign overhead, calculate the following ABC rates: per PO a) Purchasing & receiving b) Storage of materials c) Moving materials d) Machine maintenance e) Cleaning workspace f) Factory security per sq. ft storage per part per mach.hr per sq. ft production per sq. ft production Calculate the overhead assigned to products 1 & 2 from each cost pool: Product 1 Product 2 g) Purchasing & receiving h) Storage of materials i) Moving materials j) Machine maintenance k) Cleaning workspace D Factory security 1-3 4-5.6 DQ OS EX PR in-class + Type here to search OBI m) Total overhead Assume 1,000 units of product 1 and 500 units of product 2 were produced. Product 1 Product 2 p) Overhead cost per unit

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