Abc Formulas Flashcards
0
Q
What are the headings for assigning each activity’s overhead cost to each product.
A
Activity c pools| exp use if c pool| x | activity based OH rate| =| cost assigned.
Do it for each item
1
Q
How do you calculate the overhead rate
A
Cost pool. Estimated overhead / estimated use of cost drivers
2
Q
What are the totals for assigning each activity’s overhead cost to each product
A
Total costs assigned (a) Units produced (b) OH cost / unit (a/b)
