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6. Schoeninger, Inc., manufactures and sells two products: Product X1 and Produc

ID: 2485176 • Letter: 6

Question

6. Schoeninger, Inc., manufactures and sells two products: Product X1 and Product I6. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Estimated

Expected Activity

Activity Cost Pools

Activity Measures

Overhead Cost

Product X1

Product I6

Total

Labor-related

DLHs

$293,231

700

9,000

9,700

Machine setups

setups

74,767

600

500

1,100

General factory

MHs

268,830

4,300

4,400

8,700

$636,828


The activity rate for the General Factory activity cost pool under activity-based costing is closest to:

$30.90 per MH

$32.58 per MH

$65.65 per MH

$32.66 per MH

Estimated

Expected Activity

Activity Cost Pools

Activity Measures

Overhead Cost

Product X1

Product I6

Total

Labor-related

DLHs

$293,231

700

9,000

9,700

Machine setups

setups

74,767

600

500

1,100

General factory

MHs

268,830

4,300

4,400

8,700

$636,828

Explanation / Answer

General Factory Cost= $ 268,830

No Of Machine hr(MHs)= Machine hrs of Product X1+ Machine hrs of Product I6

                                          =4,300+4,400=8,700 hrs

Activity rate for the General Factory= General Factory Cost/ No Of Machine hr(MHs)

                                                            = $ 268,830/8,700 = $ 30.9

Answer: $30.90 per MH

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