A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of
its three products: A, B, and C. The budgeted cost and activity for
each of the company's three activity cost pools are shown in the
following table:
| Budgeted Activity | |||||||||
| Activity Cost Pool | Budgeted Cost | Product A | Product B | Product C | |||||
| Activity 1 | $ | 70,000 | 6,000 | 9,000 | 20,000 | ||||
| Activity 2 | $ | 45,000 | 7,000 | 15,000 | 8,000 | ||||
| Activity 3 | $ | 82,000 | 2,500 | 1,000 | 1,625 | ||||
How much overhead will be assigned to Product B using activity-based costing?
Homework Answers
Calculate overhead assigned to product B
| Product B | |
| Activity 1 (70000/35000*9000) | 18000 |
| Activity 2 (45000/30000*15000) | 22500 |
| Activity 3 (82000/5125*1000) | 16000 |
| Total overhead assigned | 56500 |
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A company uses activity-based costing to determine the costs of
its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity cost pool budgeted cost product A product B product C Activity 1 70,000 6,000 9,000 20,000 Activity 2 45,000 7,000 15,000 8,000 Activity 3 82,000 2,500 1,000 1,625 How much overhead will be assigned to product B using activity-based costing?
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $70,000 $45,000 $82,000 Budgeted Activity Product A Product B Product C 6,000 9,000 20,000 7,000 15,000 8,000 2,500 1,000 1,625 How much overhead will be assigned to Product B using activity-based costing?
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $70,000 6,000 9,000 20,000 Activity 2 $45,000 7,000 15,000 8,000 Activity 3 $82,000 2,500 1,000 1,625 How much overhead will be assigned to Product B using activity-based costing?...
7. A company uses activity-based costing to determine the costs of its three products: A, B,...
7. A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 How much overhead will be assigned to Product...
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Activity Budgeted Cost Product A Product B Product C $70,000 6,000 9,000 20,000 $45,000 7,000 15,000 8,000 $82,000 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing?...
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Activity Budgeted Cost Product A Product B Product C $70,000 6,000 9,000 20,000 $45,000 7,000 15,000 8,000 $82,000 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing?...
6. A company uses activity-based costing to determine the costs of its three products: A, B,...
6. A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 What are the activity rates for the three...
A company uses activity-based costing to determine the costs of its three products: X, Y, and...
A company uses activity-based costing to determine the costs of its three products: X, Y, and Z. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product X Product Y Product Z Activity 1 $ 67,750 5,807 8,718 115,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 (Round your answer to two decimal places as is...
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 70,000 6,000 9,000 20,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 What are the activity rates for the three...
OS 4-12 Computing activity rates A company uses activity-based costing to determine the costs of its...
OS 4-12 Computing activity rates A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of the company's three activity cost pools follow. Activity Cost Pool Activity l... Activity 2... Activity 3 Budgeted Activity of Cost Driver Budgeted Cost Product A Product B Product $140,000 20.000 6,000 $ 90,000 8,000 15.000 7.000 $ 82,000 1.625 1.000 2,500 9.000 Compute the activity rates for each...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $70,000 $45,000 $82,000 Budgeted Activity Product A Product B Product C 6,000 9,000 20,000 7,000 15,000 8,000 2,500 1,000 1,625 How much overhead will be assigned to Product B using activity-based costing?
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $70,000 6,000 9,000 20,000 Activity 2 $45,000 7,000 15,000 8,000 Activity 3 $82,000 2,500 1,000 1,625 How much overhead will be assigned to Product B using activity-based costing?...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Activity Budgeted Cost Product A Product B Product C $70,000 6,000 9,000 20,000 $45,000 7,000 15,000 8,000 $82,000 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing?...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Activity Budgeted Cost Product A Product B Product C $70,000 6,000 9,000 20,000 $45,000 7,000 15,000 8,000 $82,000 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing?...
A company uses activity-based costing to determine the costs of its three products: X, Y, and Z. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product X Product Y Product Z Activity 1 $ 67,750 5,807 8,718 115,000 Activity 2 $ 45,000 7,000 15,000 8,000 Activity 3 $ 82,000 2,500 1,000 1,625 (Round your answer to two decimal places as is...
OS 4-12 Computing activity rates A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of the company's three activity cost pools follow. Activity Cost Pool Activity l... Activity 2... Activity 3 Budgeted Activity of Cost Driver Budgeted Cost Product A Product B Product $140,000 20.000 6,000 $ 90,000 8,000 15.000 7.000 $ 82,000 1.625 1.000 2,500 9.000 Compute the activity rates for each...
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