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Younger, Inc. manufactures recliners for the hotel industry. It has two products

ID: 2476660 • Letter: Y

Question

Younger, Inc. manufactures recliners for the hotel industry. It has two products, the Heater and the Massager, and total overhead is $3,160,000. The company plans to manufacture 400 Heaters and 100 Massagers this year. In manufacturing the recliners, the company must perform 600 material moves for the Heater and 400 for the Massager; it processes 900 purchase orders for the Heater and 700 for the Massager; and the company's employees work 1,400 direct labor hours on the Heater product and 3,400 on the Massager. Younger's total material handling costs are $2,000,000 and its total processing costs are $1,160,000. Using ABC, how much overhead would be assigned to the Heater product?

Explanation / Answer

Calculation of Activity Rates:

Cost Pool

Total Overhead

Activity

Total Activity

Activity Rate

A

B

A/B

Material handling costs

$             2,000,000

Material Moves

1000

$                2,000

Per Material Move

(600+400)

Processing Costs

$             1,160,000

Purchase Orders

1600

$                    725

Per Purchase Order

(900+700)

Calculation of overhead assigned to the Heater product:

Cost Pool

Total Activity

Activity Rate

Overhead cost

A

B

A*B

Material handling costs

600

$                    2,000

$       1,200,000

Processing Costs

900

$                        725

$           652,500

Overhead assigned to the Heater product:

$       1,852,500

Calculation of Activity Rates:

Cost Pool

Total Overhead

Activity

Total Activity

Activity Rate

A

B

A/B

Material handling costs

$             2,000,000

Material Moves

1000

$                2,000

Per Material Move

(600+400)

Processing Costs

$             1,160,000

Purchase Orders

1600

$                    725

Per Purchase Order

(900+700)

Calculation of overhead assigned to the Heater product:

Cost Pool

Total Activity

Activity Rate

Overhead cost

A

B

A*B

Material handling costs

600

$                    2,000

$       1,200,000

Processing Costs

900

$                        725

$           652,500

Overhead assigned to the Heater product:

$       1,852,500

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