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Brian Company manufactures two products: X and Y. The overhead costs have been d

ID: 2562845 • Letter: B

Question

Brian Company manufactures two products: X and Y. The overhead costs have been divided into four activity pools that use the following cost drivers:

Product

Number of Materials Requisitions

Number of Machine Setups

Hours of Machine Operation

Number of Product Inspections

Product X

24

70

6,000

50

Product Y

16

230

3,000

110

Cost per Pool

$20,000

$180,000

$270,000

$41,600

Required:

a. Compute the unit activity costs for each of the cost drivers listed.

b. Assign the overhead costs to products X and Y using activity-based costing.

Product

Number of Materials Requisitions

Number of Machine Setups

Hours of Machine Operation

Number of Product Inspections

Product X

24

70

6,000

50

Product Y

16

230

3,000

110

Cost per Pool

$20,000

$180,000

$270,000

$41,600

Explanation / Answer

Compute the unit activity costs for each of the cost drivers listed

b. Assign the overhead costs to products X and Y using activity-based costing

Overhead overhead cost cost driver expected activity activity rate Material requisitions 20000 No of material requisitions 40 500 oer materia requisition Setup 180000 no of setups 300 600 per setup Machining 270000 machine hours 9000 30 per machine hour Inspection 41600 no of inspection 160 260 per inspection
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