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Problem - Marigold, Inc., uses a traditional product costing system to assign overhead costs uniformly to all its packaged multigrain products. To meet Food and Drug Administration requirements and to assure its customers of safe, sanitary, and nutritious food, Marigold engages in a high level of quality control. Marigold assigns its quality-control overhead costs to all products at a rate of 17% of direct labor costs. Its direct labor cost for the month of June for its low-calorie breakfast line is $68,000. In response to repeated requests from its ?nancial vice president, Marigold's management agrees to adopt activity-based costing. Data relating to the low-calorie breakfast line for the month of June are as follows.
Activity Cost Pools
Cost Drivers
Overhead Rate
Number of Cost Drivers Used per Activity
Inspections of material received
Number of pounds
$0.90 per pound
6,300 pounds
In-process inspections
Number of servings
$0.33 per serving
10,000 servings
FDA certi?cation
Customer orders
$12.00 per order
430 orders
Required -
1. Compute the quality-control overhead cost to be assigned to the low-calorie breakfast product line for the month of June (1) using the traditional product costing system (direct labor cost is the cost driver), and (2) using activity-based costing.
2. By what amount does the traditional product costing system undercost or overcost the low-calorie breakfast line?
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