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Please show your work !!!!!!!!!!!!!!!!!!!!! Yoke Corporation has provided the fo

ID: 2491160 • Letter: P

Question

Please show your work !!!!!!!!!!!!!!!!!!!!!

Yoke Corporation has provided the following data from its activity-based costing accounting system:

Supervisory wages------------     $78,000
Factory utilities----------------     $271,000   

Distribution of Resource Consumption across Activity Cost Pools:

Activity costs pools        Batch setups    Unit processing    Other
Supervisory wages----            61%              37%               2%
Factory utilities---------            26%             57%              17%

The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products.

Required:

a. Determine the total amount of supervisory wages and factory utilities costs that would be allocated to the unit Processing activity cost pool. Show your work!
b. Determine the total amount of supervisory wages and factory utilities costs that would NOT be assigned to products. Show your work!

Explanation / Answer

a) Amount Allocated to the unit processing activity cost pool =

Supervisory Wages = 37% * 78000 = 28860

Factory Utilities = 57% * 271000 = 154470

b) Amount not allocated to products =

Supervisory part of Others = 78000 * 2% = 1560

Factory Utilities part of Others = 271000 * 17% = 46070

Total overhead not allocated to products = 1560 + 46070 = 47630

Other costs represent idle costs and other costs that should not be assigned to products. Such costs are classified as Non Traceable Overheads