Quizzer – AFAR – Traditional Costing
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1. Question
Romblon Company is choosing between traditional costing and activity-based costing. The following data are provided:
Activity center
Cost driver
Amount of activity
Center cost
Material handling
Kilos handled
1,000 kg.
P200,000
Painting
Units painted
50,000 units
300,000
Assembly
Machine hours
10,000 hours
500,000
Traditional Costing
Traditional
Labor hours
100,000 hours
1,000,000
Job 1 contains 3,000 units. It weighs 10,000 kilos and uses 300 machine hours. The direct labor hours on the job total 7,000 hours.
What is the applied overhead under traditional costing?
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