Reference no: EM132509533
Computer Parts Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools are provided for the year 2020.
Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity
Ordering and receiving $119,072 24,400 orders
Etching 622,400 77,800 machine hours
Soldering 1,631,548 458,300 labour hours
Question 1: For 2020, the company had 13,900 orders and used 51,900 machine hours, and labour hours totalled 712,000. What is the total overhead applied? (Round overhead rates to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 5,725.)
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