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(Solution Download) Ollivier Corporation has an activity-based costing system with three activity cost pools-Processing,


 

 

 

 

 

 

 

Ollivier Corporation has an activity-based costing system with

 

three activity cost pools-Processing, Supervising, and Other. In

 

the first stage allocations, costs in the two overhead accounts,

 

equipment expense and indirect labor, are allocated to the three

 

activity cost pools based on resource consumption. Data used in the

 

first stage allocations follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Overhead costs:
  Equipment

 

expense

$64,000
  Indirect labor$13,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distribution of Resource Consumption Across Activity

 

Cost Pools:

 

Activity Cost Pools

 

 

Processing

 

Supervising

Other
  Equipment

 

expense

0.60

 

   

0.20

 

   

0.20

 

   

  Indirect labor0.60

 

   

0.30

 

   

0.10

 

   

 

 

 

 

 

 

 

 

Processing costs are assigned to products using machine-hours

 

(MHs) and Supervising costs are assigned to products using the

 

number of batches. The costs in the Other activity cost pool are

 

not assigned to products. Activity data for the company's two

 

products follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Activity:
MHs

 

(Processing)

Batches

 

(Supervising)

  Product C412,000

 

          

640

 

            

  Product L71,330

 

          

1,010

 

            

  Total13,330

 

          

1,650

 

            

 

 

 

 

 

 

 

 

The activity rate for the Supervising activity cost pool under

 

activity-based costing is closest to: (CHOOSE ONE)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$10.27 per batch
$2.79 per batch
$5.57 per batch
$47.15 per batch

 


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