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Show a numerical example of allocating shared costs to products using a Multiple Linear Regression equation.

Consider a manufacturing facility where monthly Plant Utility Overhead ($Y$) depends on two validated cost drivers derived via Multiple Linear Regression (MLR): Machine Running Hours ($X_1$) and Direct Kilowatt-Hours Consumed ($X_2$).

Show a numerical example of allocating shared costs to products using a Multiple Linear Regression equation.


Established Cost Function

From historical facility data, the MLR model produced the following validated cost equation:

$$Y = \$5,000 + \$12.00(X_1) + \$0.15(X_2)$$
  • Fixed Facility Overhead ($a$): $\$5,000$ per month (facility maintenance, baseline lighting, HVAC).

  • Machine Hours Driver Rate ($b_1$): $\$12.00$ per machine hour (wear-and-tear utilities, machine lubrication).

  • Energy Consumption Driver Rate ($b_2$): $\$0.15$ per kWh (direct process power usage).

Monthly Production and Operational Usage

During the month, the plant produced two product lines with the following driver consumption:

Operational ParameterProduct Line AProduct Line BTotal Facility
Units Produced5,000 units1,000 units6,000 units
Machine Running Hours ($X_1$)800 hours1,200 hours2,000 hours
Energy Consumed ($X_2$)40,000 kWh60,000 kWh100,000 kWh

Step 1: Calculate Total Monthly Utility Overhead

Using the MLR equation across total facility metrics:

$$Y_{\text{total}} = \$5,000 + \$12.00(2,000) + \$0.15(100,000)$$
$$Y_{\text{total}} = \$5,000 + \$24,000 + \$15,000 = \mathbf{\$44,000}$$

Step 2: Allocate Costs to Individual Product Lines

To assign the total $\$44,000$ utility overhead, allocate both variable driver costs directly to each product based on usage, and distribute the $\$5,000$ fixed baseline overhead proportionally based on total machine hours.

Proportional Fixed Overhead Allocation

$$\text{Fixed Allocation Share for Product A} = \frac{800}{2,000} = 40\% \implies 40\% \times \$5,000 = \$2,000$$
$$\text{Fixed Allocation Share for Product B} = \frac{1,200}{2,000} = 60\% \implies 60\% \times \$5,000 = \$3,000$$

Detailed Overhead Allocation Breakdown

Cost ComponentProduct Line AProduct Line BTotal Overhead
Fixed Facility Base ($a$)$\$2,000$$\$3,000$$\$5,000$
Machine Hours Cost ($\$12 \times X_1$)$800 \times \$12 = \$9,600$$1,200 \times \$12 = \$14,400$$\$24,000$
Power Consumption Cost ($\$0.15 \times X_2$)$40,000 \times \$0.15 = \$6,000$$60,000 \times \$0.15 = \$9,000$$\$15,000$
Total Allocated Overhead$\$17,600$$\$26,400$$\$44,000$

Step 3: Compute Unit Utility Overhead Rates

Divide each product line's total allocated utility cost by its production volume:

  • Product Line A (High-Volume Standard Item):

    $$\text{Unit Overhead Cost} = \frac{\$17,600}{5,000 \text{ units}} = \mathbf{\$3.52 \text{ per unit}}$$
  • Product Line B (Low-Volume Heavy Item):

    $$\text{Unit Overhead Cost} = \frac{\$26,400}{1,000 \text{ units}} = \mathbf{\$26.40 \text{ per unit}}$$

Key Insight

Product B uses 60% of both machine hours and power, despite representing only 16.7% of total physical unit output. Using the MLR allocation model accurately charges Product B $26.40 per unit compared to $3.52 per unit for Product A, reflecting true resource consumption and preventing cost distortion.
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