Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company in the previous...

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Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company in the previous exercise consisted of the following activities and costs: The following additional data were provided for Job 845 a. Calculate the cost per unit of activity driver for each activity cost category. b. Calculate the cost of Job 845 using ABC to assign the overhead costs. c. Calculate the cost of job 845 using a company-wide overhead rate based on machine hours. Round rote to two decimal places. Round rate to fwo decimal places Company-wide overhead rate 1 per machine hour Use rounded overhead rate calculated above for calculations below Round cost anowers to the nearest whole number, when heeded d. Calculate the cost of job 845 using a machine hour departhental overhead rate for the Milling Depariment and a direct labor hour overhe Round rates to two decimal places, if needed per Milling Dept. machine hour 1 per Finishing Dept: direct labor hour Use rounded owerhead rates calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company in the previous exercise consisted of the following activities and costs: The following additional data were provided for Job 845 a. Calculate the cost per unit of activity driver for each activity cost category. b. Calculate the cost of Job 845 using ABC to assign the overhead costs. c. Calculate the cost of job 845 using a company-wide overhead rate based on machine hours. Round rote to two decimal places. Round rate to fwo decimal places Company-wide overhead rate 1 per machine hour Use rounded overhead rate calculated above for calculations below Round cost anowers to the nearest whole number, when heeded d. Calculate the cost of job 845 using a machine hour departhental overhead rate for the Milling Depariment and a direct labor hour overhe Round rates to two decimal places, if needed per Milling Dept. machine hour 1 per Finishing Dept: direct labor hour Use rounded owerhead rates calculated above for calculations below. Round cost answers to the nearest whole number, when needed

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