Reference no: EM131291808

Flynn Industries has three activity cost pools and two products. It expects to produce 3,340 units of Product BC113 and 1,920 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 $25,065 45 26 19 Machining Machine hours 91,188 5,066 1,017 4,049 Packing Orders 25,648 458 190 268 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 $ per order $ 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 Rates Cost Assigned Expected Use of Cost Drivers per Product Activity-Based Overhead Rates Cost Assigned Machine setup $ $ $ $ Machining $ $ Packing $ $ Total assigned costs $ $ Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, e.g. 12.25.) BC113 AD908 Overhead cost per unit $ $