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The following overhead cost information is available for Henderson, Inc. for 20X

ID: 2491791 • Letter: T

Question

The following overhead cost information is available for Henderson, Inc. for 20XX:

Activity                                                         Allocation Base                                   Overhead Cost

Purchasing                                    Number of purchase orders                                $40,000

Receiving                                      Number of shipments received                             $25,000

Machine setups                                Number of setups                                           $30,000

Quality control                             Number of inspections                                          $20,000

During the year, 2,000 purchase orders were issued; 800 shipments were received; 3,000 machine setups were performed; and 2,500 inspections were conducted.

Required: If Job #101 required 3 purchase orders, 4 shipments, 4 machine setups, and 2 inspections to complete, how much overhead should be assigned to Job #101?

Explanation / Answer

TOTAL OF ACTIVITY DERIVER JOB 101 OVERHEAD ALLOTATED TO JOB 101 DATA RELATED TO VARIOUS ALLOCATION BASE OF JOB 101 Purchasing                                    Number of purchase orders                                $40,000 2000 3 60 Receiving                                      Number of shipments received                             $25,000 800 4 125 Machine setups                                Number of setups                                           $30,000 3000 4 40 Quality control                             Number of inspections                                          $20,000 2500 2 16 OVERHEAD ASSIGNED TO JOB 101 241