Flynn Industries has three activity cost pools and two products. It expects to produce 2,200 units of Product BC113 and 1,430 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers. Annual Overhead data Expected Use of Cost Drivers per Product
Activity Cost Pools Cost Drivers Estimated Overhead Expected Use of Cost Drivers per Activity Product BC113 Product AD908
Machine setup Setups $19,608 38 21 17
Machining Machine hours 123,650 4,945 1,122 3,824
Packing Orders 33,530 479 192 287
Using the above data, do the following:
Prepare a schedule showing the computations of the activity-based overhead rates per cost driver.
Activity Cost Pools Estimated Overhead Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates
Machine setup $ setups $ per setup
Machining machine hours $ per machine hr.
Packing orders 192 287
$
Prepare a schedule assigning each activity's overhead cost to the two products.
BC113 AD908
Activity Cost Pools Expected Use of Cost Drivers per Product Activity-Based Overhead Cost Assigned Expected Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned
Machine setup $ $ $ $
Machining $ $
Packing $ $
Total assigned $ $
Compute the overhead cost per unit for each product. Round answers to 2 decimal places.
BC113 AD908
Overhead cost per unit