2.

Sheffield Corporation manufactures sales --large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process. Sheffield is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be assigned to each product line. The information showri below relates to overhead. Mobile Safes Walk-in Sales 200 50 Daca 200 Units planned for production Material moves per product line Purchase orders per product line Direct labor hours per product line 450 350 800 1.700 (a The total estimated mediacturing overhead was 5 26-000. Under traditional costing which assigns verhead on the basis of w 63' Cloudy (a) The total estimated manufacturing overhead was S 264,000. Under traditional costing which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places. 12.25) (1) One mobile safe A per unit 121 One walk-in safe $ per unit e Textbook and Media Attempts unlimited Submit Question 2 of 5 -13 E View Policies Current Attempt in Progress EcoFabrics has budgeted overhead costs of $ 963,900. It has assigned overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 459,000 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours and design (cost driver is number of setups). Total estimated machine hours a 204,000, and total estimated number of setups is 1.530. Overhead allocated to the cutting cost pool is 5 367,200 and $ 596.700 is allocated to the design cost pool Additional information related to product usage by these pools is as follows. Wool Cotton Machine hours 102.000 102.000 Number of setups 1.020 510 (a 1 DIAM Calculate the overhead ipte using activity based costing, (Round per machine hour to 2 decimal places, s 12.25) 63' Cloudy Question 2 of 5