Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bluefield has decided to use an abc costing system

Bluefield has decided to use an ABC costing system and has identified the following detailed...

60.1K

Verified Solution

Question

Accounting

Bluefield has decided to use an ABC costing system and has identified the following detailed information about its cost pools and cost drivers:

image

Activity cost pools Materials handling Machine maintenance $57,810 S16,280 Cost drivers Number of material moves Number of machine hours 470 44,000 Required: 1. Calculate Bluefield's activity rate for each cost pool. (Round your final answer for per material moves to nearest dollar amount and per machine hour to 4 decimal places.) Activity Rate Materials Handling per Material Move per Machine Hour Machine Maintenance 2. Determine the amount of overhead assigned to Bluefield's products if each has the following activity demands: (Round Intermediate calculations to 4 decimal places and your final answers to 2 decimal places.) Number of material moves Number of machine hours Product A 240 17,100 Product B 230 26,900 Total Overhead Assigned Product Product B

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students