Scribd Logo
Upload

Welcome to Scribd!

  • 71 views

    Group 1-Java Source

    Uploaded by

    Lorena Mae Lasquite
    This document contains a group case study submitted by 5 students for their Managerial Accounting MBA course. It analyzes the manufacturing overhead costs for two coffee products, Kenya Dark and Viet Select, produced by Java Source, Inc. It provides the predetermined overhead rate, activity cost pools, expected activity for each product, overhead costs assigned based on activity, and unit product costs calculated by including direct costs and allocated overhead.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Group 1-Java Source

    Uploaded by

    Lorena Mae Lasquite
    71 views5 pages
    This document contains a group case study submitted by 5 students for their Managerial Accounting MBA course. It analyzes the manufacturing overhead costs for two coffee products, Kenya Dark and Viet Select, produced by Java Source, Inc. It provides the predetermined overhead rate, activity cost pools, expected activity for each product, overhead costs assigned based on activity, and unit product costs calculated by including direct costs and allocated overhead.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains a group case study submitted by 5 students for their Managerial Accounting MBA course. It analyzes the manufacturing overhead costs for two coffee products, Kenya Dark and Viet Select, produced by Java Source, Inc. It provides the predetermined overhead rate, activity cost pools, expected activity for each product, overhead costs assigned based on activity, and unit product costs calculated by including direct costs and allocated overhead.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    71 views5 pages

    Group 1-Java Source

    Uploaded by

    Lorena Mae Lasquite
    This document contains a group case study submitted by 5 students for their Managerial Accounting MBA course. It analyzes the manufacturing overhead costs for two coffee products, Kenya Dark and Viet Select, produced by Java Source, Inc. It provides the predetermined overhead rate, activity cost pools, expected activity for each product, overhead costs assigned based on activity, and unit product costs calculated by including direct costs and allocated overhead.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    Managerial Accounting: MBA309

    Group Case/Group 2

    Hervias,Mark Matthew C.

    Taglucop, Susana

    Oliveres, Aizel Mae

    Tan, Edgelyn Grace

    Villaruz, Kristin Nicle

    Date Submitted: March 27, 2021

    JAVA Source, Inc

    1.) a. Predetermined overhead rare =Estimated overhead cost=$2,200,000.00 = $44.00


    Estimated direct labor hours 50,000

    b. Kenya Dark Viet Select

    Direct Materials

    Direct Labor 4.5 2.9

    Manufacturing overhead 0.24 0.24

    Unit product cost 0.88 0.88

    5.62 4.02

    *Manufacturing overhead = $44.00 /DLH x .02 hrs per bag $.088

    2. Activity cost pool Expected cost for the year/Expected Activity for the year =
    (Predeterminedoverhead rate) expected overheast cost/activity

    Purchasing 560,000.00 2,000 orders 280 per order

    Material handling 193,000.00 1,000 set ups 193 per set up

    Quality control 90,000.00 500 batches 180 per batch


    Managerial Accounting: MBA309

    Group Case/Group 2

    Hervias,Mark Matthew C.

    Taglucop, Susana

    Oliveres, Aizel Mae

    Tan, Edgelyn Grace

    Villaruz, Kristin Nicle

    Date Submitted: March 27, 2021

    Roasting 1,045,000.00 95,000 roasting hrs 11 per rosting hrs


    Blending 192,000.00 32,000 blending hrs 6 per blending hrs

    Packaging 120,000.00 24,000 packaging hours 5 per packaging hrs

    KENYA DARK

    Activity Expected activity

    Batch size 16 batches (80,000 pounds/5,000 pounds)

    Set ups 32 batches (2 set ups x 16 batches)

    Purchase order size 4 orders (80,000 pounds/20,000 pounds)

    Roasting time per 100 pounds 1,200 Roasting hour (1.5 roasting hour x 80,000 pounds/100)

    Blending time per 100 pounds 400 Blending hour (0.5 bleanding hour x 80,000 pounds/100)

    Packaging time per 100 pounds 240 packaging time (0.3 packaging time x 80,000 pounds/100)

    VIET SELECT

    Activity Expected activity


    Managerial Accounting: MBA309

    Group Case/Group 2

    Hervias,Mark Matthew C.

    Taglucop, Susana

    Oliveres, Aizel Mae

    Tan, Edgelyn Grace

    Villaruz, Kristin Nicle

    Date Submitted: March 27, 2021

    Batch size 8 batches (4,000 pounds/500 pounds)

    Set ups 16 set ups (2 set ups x 8 batches)

    Purchase order size 8 orders (4,000 pounds/500 pounds)

    Roasting time per 100 pounds 60 roasting hour (1.5 roasting hour x 4,000
    pounds/100)

    Blending time per 100 pounds 20 blending hour (0.5 bleanding


    hour x 4,000 pounds/100)

    Packaging time per 100 pounds 12 packaging hour (0.3 packaging time x
    4,000 pounds/100)

    a. KENYA DARK

    Activity cost pool Expected activity x expected cost/activity=Overhead cost assigned

    Purchasing 4 orders $ 280/order $1,120.00

    Material Handling 32 set ups 193./set up 6,176.00

    Quality control 16 batches 180/batch 2,880.00


    Managerial Accounting: MBA309

    Group Case/Group 2

    Hervias,Mark Matthew C.

    Taglucop, Susana

    Oliveres, Aizel Mae

    Tan, Edgelyn Grace

    Villaruz, Kristin Nicle

    Date Submitted: March 27, 2021

    Roasting 1,200 roasting hour 11/roasting hour 13,200.00

    Blending 400 blending hour 6/blending hour 2,400.00

    Packaging 240 packaging hour 5 roasting hour 1,200.00

    Total overhead assigned $26,976.00

    VIET SELECT

    Activity cost pool Expected activity x expected cost/activity = Overhead cost assigned

    Purchasing 8 orders $ 280/order $2,240.00

    Material Handling 16 set ups 193./set up 3,088.00

    Quality control 8 batches 180/batch 1,440.00

    Roasting 60 roasting hour 11/roasting hour 660.00

    Blending 20 blending hour 6/blending hour 120.00

    Packaging 12 packaging hour 5 roasting hour 60.00

    Total overhead assigned $7,608.00


    Managerial Accounting: MBA309

    Group Case/Group 2

    Hervias,Mark Matthew C.

    Taglucop, Susana

    Oliveres, Aizel Mae

    Tan, Edgelyn Grace

    Villaruz, Kristin Nicle

    Date Submitted: March 27, 2021

    b. Kenya Dark

    Total overhead assigned / expected sales = Manufacturing overhead per pound

    $26,976.00/80,000 pounds =$ 0.34/pound

    Viet Select $ 7,608.00/4,000 pounds=$ 1.90/pound

    c. Kenya dar Viet Select

    Direct Materials $4.50 $2.90

    Direct labor 0.24 0.24

    Manufacturing overhead 0.34 1.90

    Unit product cost $5.08 $5.04

    You might also like