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U... AUCT302 Student Shi Haozhe(Eric) Want... Quiz: Test One - Spring semester (205) Question 19 2 pts The ZZ Top Company produces 2 types of jobs, standard jobs and special jobs. The company currently charges ALL overhead to jobs using direct labor cost. The total overhead cost for 2019 is $210,000. During 2019, the company produced 1,000 standard jobs and 200 special jobs. Each standard job required $120 of direct materials and $80 of direct labor. Each special job required $150 of direct materials and $100 of direct labor. Compute the amount of OVERHEAD cost that would be charged to one special job. You will need this information for the next question, too. B IV A A - IX E 2 1 1 1 * HTML Editor , ! - DNV GOTT 12pt - Paragraph - Question 20 8 pts Refer to the information for the ZZ Top Company as given in question 19. Now the company wants to start using an activity-based costing system. This system would split the overhead into 4 cost pools, Pool 1 consists of $50,000 and is charged to jobs based on purchase orders. During the year, there are 600 purchase orders for standard jobs and 1,400 purchase orders for special jobs, Pool 2 consists of $24,000 of cost to set up Machine A, and is charged to jobs using setup hours. Each standard job requires one setup at 2 setup hours per job. Each special job requires one setup at 5 setup hours per job. Pool 3 consists of $30,000 and is made up of costs to run Machine B. Machine Bis ONLY used to make special jobs. Pool 4 is generic overhead and will be charged to jobs using direct labor cost as was done in the first part of this problem. Using this activity-based cost system, compute the amount of overhead cost from that would be charged to ONE specialjob. Please put your answer in the following form: Cost Pool 1 Cost Pool 2 Cost Pool 3 Cost Pool 4 HTML Editor BIVA -A- IE I 3 1 x

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