1. 1000 points value Fellar Corp. has identified the following information Activity cost pools Materials handling Machine maintenance $60,000 51,750 Cost drivers Number of material moves Number of machine hours 960 75,000 1. Calculate the activity rate for each cost pool. (Round your answers to 2 decimal places.) Activity Rate Material Handling per Material Move Machine Maintenance per Machine Hour 2. Delermine the amount of overhead assigned to Fellar's producls if they have theolowing activity demands: (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Number ofmalerial moves Number of machine hours 360 33,000 42.000 Ass Product A Product B 10.00 points Schell Company manufactures automobile floor mats It currently has two product lines, the Standard and the Deluxe. Suppose that Schell has conducted further research into its overhead and potential cost drivers. As a result, the company has compiled the following detailed information, breaking total overhead into three cost pools: Activity Cost Pools Material handling Quality control Machine maintenance Cost Driver Number of moves Number of inspections Number of machine hours Cost Assigned to Pool $ 3,750 $13,800 $21,450 Consumed by Standard Floor Mat Line 30 moves 400 inspections 4.150 machine hours Consumed by Deluxe Floor Mat Line 70 moves 600 inspections 3,000 machine hours Required: 1. Calculate the activity rates for each cost pool assuming Schell uses an ABC system. (Round your answers to 2 decimal places.) Activity Rate Material Handling Quality Control Machine maintenance per Material Move per Inspection per Machine Hour 2. Calculate the amount of overhead that Schell will assign to the Standard fioor mat line. (Round your intermediate calculations to 2 decimal places.) Total Overhead Assigned 3. Determine the amount of overhead Schell will assign to the Deluxe product line. (Round your intermediate calculations to 2 decimal places.) Total Overhead Assigned 3. 10.00 points Julio produces two types of calculator, standard and deluxe. The company is currently using a traditional costing system with machine hours as the cost driver but is considering a move to activity-based costing. In preparing for the possible switch, Julio has identified two cost pools: materials handling and setup. The collected data follow: Number of machine hours Number of material moves Number of setups Standard ModelDeluxe Model 30,000 850 25,000 550 Total estimated overhead costs are $303,560, of which $140,000 is assigned to the material handling cost pool and $163,560 is assigned to the setup cost pool. Required: 1. Calculate the overhead assigned to each product using the traditional cost system. (Round the overhead rate to four decimal places and round your final answer to the nearest whole dollar amount.) Overhead assigned Standard Model Deluxe Model 2. Calculatethe overhead assigned to each product using ABC. (Do not round intermediate calculations.) Standard Model Deluxe Model value 10.00 points Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month Home $ 30 20 300 Work $ 48 30 500 700 units 400 units Harbour has monthly overhead of $175,200, which is divided into the following cost pools Setup costs Quality control Maintenance $ 68,800 58,400 48,000 $ 175,200 Total The company has also compiled the following information about the chosen cost drivers Home Work Total 58 390 1,700 1,300 3,000 Number of setups Number of inspections Number of machine hours 42 340 100 730 Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Direct materials cost per unit Direct labor cost per unit Sales price per unt Expected production per month Home Work $ 30 48 30 500 20 300 700 units 400 units Harbour has monthly overhead of $175,200, which is divided into the following cost pools: Setup costs Quality control 3 68,800D 58.400 48,000 S 175,200 Total The company has also compiled the following information about the chosen cost drivers: Number of setups Number of inspections Number of machine hours Home WorkTotal 100 340 390 730 1,700 1300 3,000 42 58 Required: 1. Suppose Harbour uses a traditional costing system with machine hours as the cost driver, Determine the amount of overhead assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Home Model: ork Model Total Cost 2. Calculate the production cost per unit for each of Harbour's products under a traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Unit Cost 3. Calculate Harbour's gross margin per unit for each product under the traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Gross Margin Setup Costs Quality Control Maintenance 5. Assuming an ABC system, assign overhead costs to each product based on activity demands Overhead Assigned Ove verhead Assigned To Work To Home Setup Costs Quality Control Maintenance Total Overhead Cost 6. Calculate the production cost per unit for each of Harbour's products in an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Unit Cost 7. Calculate Harbour's gross margin per unit for each product under an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Gross Margin 8. Compare the gross margin of each product under the traditional system and ABC. (Round your answers to 2 decimal places.) Home Work Gross Margin (Traditional) Gross Margin (ABC)