Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to allocate the overhead costs to the projects. The activities and related overhead costs are as follows: initial concept formation $52,400; design $462,000; and construction oversight $116,550. The cost drivers and estimated use are as follows. Activities Cost Drivers Estimated Use of Cost Drivers per Activity Initial concept formation Number of project changes 20 Design Square feet 154,000 Construction oversight Number of months 105
(a) Compute the predetermined overhead rate for each activity. Overhead Rate Initial concept formation $Entry field with incorrect answer now contains modified data 2620 per project change Design $Entry field with incorrect answer now contains modified data 3 per square foot Construction oversight $Entry field with incorrect answer now contains modified data 1110 Per month
(b) Classify each of these activities as unit-level, batch-level, product-level, or facility-level. Activities Level Initial concept formation Entry field with incorrect answer Design Entry field with incorrect answer Construction oversight Entry field with incorrect answer
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Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity h...
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