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Business, 06.04.2021 01:00 BIGchunguslol

Puma Company has identified the following overhead costs and cost drivers for next year: Overhead Item Expected Costs Cost Driver Maximum Quantity Setup costs $583,200 Number of setups 2,400 Ordering costs 270,000 Number of orders 20,000 Maintenance 928,000 Machine-hours 32,000 Power 90,000 Kilowatt-hours 200,000 During the year, Tiger Company completed several jobs, including Job 202: Job 202 Direct materials $10,000 Direct labor 7,000 Units completed 600 Direct labor-hours 110 Number of setups 7 Number of orders 15 Machine-hours 150 Kilowatt-hours 120 Required: a) Puma Company's controller recently switched to Activity-Based Costing. Determine the amount of overhead allocated to Job 202 using the four cost drivers. (Round amounts to 2 decimal places.) b) Last year, Puma Company used a single predetermined overhead rate using total machine-hours. Puma Company's controller is curious how much overhead would have been allocated had Puma still used the single overhead rate. Compute the amount overhead Puma would have allocated to Job 202 if it still used the single predetermined overhead rate (based on machine-hours).

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