- Sylvan Company Uses Activity Based Costing To Determine Product Costs For External Financial Reports Some Of The Entrie 1 (45.01 KiB) Viewed 14 times
- Sylvan Company Uses Activity Based Costing To Determine Product Costs For External Financial Reports Some Of The Entrie 2 (17.02 KiB) Viewed 14 times
Sylvan
Company uses activity-based costing to determine product costs for external financial reports. Some of the entries have been completed to the manufacturing overhead account for the current year, as shown by entry (a) below: (a) Manufacturing Overhead 2,351,000 At the beginning of the year, the
company made the following estimates of cost and activity for its five activity cost pools: Estimated Overhead Cost Expected Activity 38,200 DLHS $ 496,600 Activity Cost Pool Labour related Purchase orders Parts management Board etching General factory Activity Measure Direct labour-hours Number of orders Number of part types Number of boards Machine-hours 1,395 orders 30,690 276,025 305 part types 1,860 boards 520,800 492,660 78,200 4 The activities during the year were distributed across the
company's four products as follows: Activity Cost Pool Actual Activity Product A Product B Product C Product D Labour related 6,900 8,900 39,200 DLHS 1,195 orders 13,200 75 10,200 280 320 520 Purchase orders 40 80 110 85 Parts management 315 part types 435 970 470 185 Board etching General factory 2,060 boards 80,200 MMS 23,400 19,400 19,700 17,700 Required: Compute the amount of overhead cost applied to each product during the year. (Do not round intermediate calculations.)
Required: Compute the amount of overhead cost applied to each product during the year. (Do not round intermediate calculations.) Applied Overhead Activity Cost Pool Product A Product B Product C Product D Labour related Purchase orders Parts management Board etching General factory Total $ 0$ 0$ 0$ 0