18 Required information Part 2 of 2 The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct labor hours. Additional information follows. 22 points Per Unit Selling Price Direct Materials Direct Labor Pup tent $ 90 $ 25 $ 48 Pop-up tent 85 30 34 eBook Budgeted Budgeted Cost Activity Cost Driver Activity Usage Print Activity Assembly $ 244,000 Direct labor hours (DLH) 61,000 Electricity 43,000 Machine hours (MH) 10,000 in Materials purchasing 79,000 Purchase orders (PO) 500 $ 366,000 References Total Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 8,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. Activity Usage Activity Cost Driver Pup tents Pop-up tents Direct labor hours ( DLH) 39,500 21,500 Machine hours (MH) 4, 00 6,000 Purchase orders (PO) 200 300 3. Compute product cost per unit for Pup tents and for Pop-up 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Assembly Electricity Materials purchasing 18 Required information Part 2 of 2 [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct 22 labor hours. Additional information follows points per Unit Selling Price Direct Materials Direct Labor Pup tent 90 25 $ 48 Pop-up tent 30 34 Book Budgeted Print Activity Budgeted Cost Activity Cost Driver Activity Usage Assembly $ 244,000 Direct labor hours (DLH) 61,000 Electricity 43,000 Machine hours (MH) 10, 000 Materials purchasing 79,000 Purchase orders (PO 500 References Total $ 366,000 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 8,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. Activity Usage Activity Cost Driver Pup tents Pop-up tents Direct labor hours (DLH) 39,500 21,500 Machine hours (MH) 1, 000 6,000 Purchase orders (PO) 200 300 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The following actual activity usage produced 10,000 Pup tents and 8,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. (Round "Activity Rate" and "Overhead per unit" to 2 decimal places.) Allocate overhead to Pup tent Activity Activity Usage Activity Rate Allocated Cost Assembly $ Electricity Materials purchasing Total allocated cost Units produced Overhead cost per unit Allocate overhead to Pop-up tent Activity Activity Usage Activity Rate Allocated Cost Assembly Electricity Materials purchasing Total allocated cost Units produced Overhead cost per unit 18 Required information Part 2 of 2 [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct labor hours. Additional information follows. 22 points Per Unit Selling Price Direct Materials Direct Labor Pup tent $ 90 $ 25 $ 48 pop-up tent 85 30 34 ebook Budgeted Print Activity Budgeted Cost Activity Cost Driver Activity Usage Assembly $ 244, 000 Direct labor hours (DLH) 61,000 Electricity 43,000 Machine hours (MH) 10,000 Materials purchasing 79,000 Purchase orders (PO) 500 References Total $ 366, 000 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 8,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product Activity Usage Activity Cost Driver Pup tents Pop-up tents Direct labor hours ( DLH) 39,500 21,500 Machine hours (MH) 4, 000 6,00 Purchase orders (PO) 200 300 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute product cost per unit for Pup tents and for Pop-up tents. (Round "Activity Rate" and final answers to 2 decimal places. Per Unit Direct Direct Labor Overhead Product Cost Materials per Unit Pup tent $ 25.00 S 48.00 Pop-up tent 30.00 34.00 18 Parl2 012 22 points References Required information [The folio Mpg information applies to me questions displayed below. } Tent Master produces Pup tents and PopLip tents. The company budgets 5366.000 of overhead cost and 61,000 direct labor hours. Additional information follows. Per Unit Selling Price Direct laterials Direct Labor Pup tent 5 90 5 25 5 40 Popup tent 85 30 3d. Budgeted nativity Budgeted Cast Activity Cost Driver nativity Usage Assembly 5 204,000 Direct labor hours (01.3} 61,000 Electricity 13,000 machine hours um} 10,000 Materials purchasing 79,000 Purchase orders [PO] 500 Total 3 366,000 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10.000 Pup tents and 8,000 Pop-up tents. Allocate overhead cost to Pup tents and to Popuo tents and com pute Overhead cost per unit for each product. Mct ivitx User Activity Gust Driver Pup tents Papup tents Direct labor houratnnp 39,500 21,500 Machine hours run: i,000 6,000 Purchase orderetPcl] 200 300 3. Com pute product cost per unit for Pup tents and for Popup tents. 4. For each product, compute the gross prot per unit (selling price per unit minus the product cost per unit). Complete this question Iw Inhll wur anew-r- In un his below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross prot per unit (selling price per unit minus the product cost per unit}. (Round 'Activity Rate\" and nal answers to 2 decimal places. Enter any product costs in excess of selling prices as negative values.) s sum- -_