Flynn Industries has three activity cost pools and two products. It expects to produce 3,980 units of Product BC113 and 2,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers.
|
Annual Overhead Data
|
|
Expected Use of
Cost Drivers per Product
|
|
Activity Cost Pool
|
|
Cost Drivers
|
|
Estimated
Overhead
|
|
Expected Use of Cost
Drivers per Activity
|
|
Product
BC113
|
|
Product
AD908
|
| Machine setup |
|
Setups |
|
$17,594 |
|
38 |
|
29 |
|
9 |
| Machining |
|
Machine hours |
|
102,800 |
|
5,140 |
|
1,034 |
|
4,106 |
| Packing |
|
Orders |
|
27,591 |
|
541 |
|
119 |
|
422 |
|
Complete the following schedule:
|
Activity Cost
Pools
|
|
Estimated
Overhead
|
|
Expected Use of Cost
Drivers per Activity
|
|
Activity-Based
Overhead Rates
|
| Machine setup |
|
$ |
|
$ |
setups |
|
|
$ per setup |
| Machining |
|
|
|
|
machine hours |
|
|
per machine hr. |
| Packing |
|
|
|
|
orders |