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Chapter 6 Activity Based Costing Poldberg Co. uses activity-based costing for al

ID: 2342347 • Letter: C

Question

Chapter 6 Activity Based Costing Poldberg Co. uses activity-based costing for all of its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity based costing system Overhead costs: Wages & Salaries Factory Supplies Total $806,000 488.000 $1.294,000 Distribution of resource consumption Clean-Up Inspection Other 18% 32% Total 100% 100% Activity Cost Pools 22% 48% 60% 20% Wages and salaries Factory Supplies The amount of activity for the year is as follows Activity 1,000 Batches Activity Cost Pool Clean-Up Inspection How much OVERHEAD cost would be allocated to a "Customer A," who initiated 1 25 batches and 55 inspections in a year? (Please complete the template below.) 400 Inspections

Explanation / Answer

b.) Customer Margin Report ;-

Sales 580,000

Direct material 230,000

Direct labour 150,000

Selling cost 80,000

OH Cost-

Set up cost 51,445

Inspection 79,915

Contribution margin ($11,360)

Activity cost pool Clean-up Inspection others Total Wages and salaries 177320 483600 145080 806000 Factory supplies 234240 97600 156160 488000 Total 411,560 581,200 301,240 1,294,000