Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity Machining Machine-hours $ 216,700 11,000 MHs Machine setups Number of setups $ 79,900 170 setups Product design Number of products $ 81,000 2 products General factory Direct labor-hours $ 296,400 13,200 DLHs Activity Measure Product Y Product Z Machine-hours 6,700 4,300 Number of setups 60 110 Number of products 1 1 Direct labor-hours 7,700 5,500
a. What is the company’s plantwide overhead rate? (Round your answer to 2 decimal places.)
Predetermined overhead rate: per DLH
b. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)
Manufacturing overhead allocated: Product Y: Product Z:
c. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)
Activity rate: per MH
d. What is the activity rate for the Machine Setups activity cost pool?
Activity rate: per setup
e. What is the activity rate for the Product Design activity cost pool?
Activity rate: per product
f. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.)
Activity rate: per DLH
g. Which of the four activities is a batch-level activity?
(a) Machining activity
(b) General factory activity
(c) Product design activity
(d) Machine setups activity
h. Which of the four activities is a product-level activity?
(a) Product design activity
(b) General factory activity
(c) Machining activity
(e) Machine setups activity
i. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.)
Total manufacturing overhead cost:
j. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.)
Total manufacturing overhead cost:
k. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
Manufacturing overhead: Product Y:% Product Z: %
l. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
Matching cost: Product Y:% Product Z: %
m. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
Machine setups cost: Product Y:% Product Z: %
n. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)
Product design cost: Product Y:% Product Z: %
o. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i. e. 0.1234 should be entered as 12.34).)
General factory cost: Product Y:% Product Z: %
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