Flamingo Inc. is an organization that produces pool floats and other pool accessories. They are in the process of transitioning to Activity-Based Costing (ABC) and creating their budget. They have compiled the following budgeted Manufacturing Overhead (MOH) costs that are divided into three key activities:
During the current year, Flamingo's pool floats used 4,250 setup hours, 9,600 machine hours, and 2,150 inspection hours. How much of the MOH costs will be allocated to the pool floats this year? (If required, round calculations to two decimal places.)

Question

Flamingo Inc. is an organization that produces pool floats and other pool accessories. They are in the process of transitioning to Activity-Based Costing (ABC) and creating their budget. They have compiled the following budgeted Manufacturing Overhead (MOH) costs that are divided into three key activities:
  During the current year, Flamingo's pool floats used 4,250 setup hours, 9,600 machine hours, and 2,150 inspection hours. How much of the MOH costs will be allocated to the pool floats this year? (If required, round calculations to two decimal places.)

Quizplus · Accepted Answer

The Answer of Flamingo Inc. is an organization that produces pool floats and other pool accessories. They are in the process of transitioning to Activity-Based Costing (ABC) and creating their budget. They have compiled the following budgeted Manufacturing Overhead (MOH) costs that are divided into three key activities:
  During the current year, Flamingo's pool floats used 4,250 setup hours, 9,600 machine hours, and 2,150 inspection hours. How much of the MOH costs will be allocated to the pool floats this year? (If required, round calculations to two decimal places.)