Create homogeneous cost pools

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Reference no: EM132528014

Acme Enterprises is a custom manufacturer of specialty circuit boards. The boards are produced in batches in a single manufacturing facility. Each board requires an engineer to prepare the specifications and schematic drawings. Once this design is complete, the equipment is set up for the batch production. As each batch is completed, a sample of the units is inspected for quality and tolerances.

Costs have been assigned as follows:

Engineering................................. $75,000

Setups......................................... 60,000

Labor.......................................... 50,000

Inspection................................... 75,000

Factory lease............................... 30,000

Factory utilities........................... 12,000

The following activity drivers have been identified and their capacities determined:

Activity Driver Practical Capacity

Labor hours................................ 5,000

Setup hours................................. 2,000

Engineering hours....................... 2,500

Inspection hours......................... 6,000

Machine hours............................ 10,000

The costs of the facility-level activities are assigned using machine hours.

Required:

Question 1. Identify each activity as unit-level, batch-level, product-level, or facility-level.

Question 2. Create homogeneous cost pools. Identify the activities that belong to each pool and the activity driver that will be used for computing pool rates. (Use machine hours as the activity driver for the factory lease and factory utilities cost pools.)

Question 3. Compute the pool rate for each pool you have identified in Requirement 2.

Reference no: EM132528014

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