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2. We are analyzing 2 products product Hamburgers(HB)and Double Deckers(DD) Product HB requires 1 Patty (P) and 2 Buns (B) Product Y requires 2 Patties
2. We are analyzing 2 products product Hamburgers(HB)and Double Deckers(DD)
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- Product HB requires 1 Patty (P) and 2 Buns (B)
- Product Y requires 2 Patties (P) and 3 Buns B)
- The standard cost for P is $1 per unit.
- The standard cost for B is $0.50 per unit.
- During this month, the company purchased 5,000 Ps for $4,950 (there was no beginning balance).
- During this month, the company purchased 5,000 units of Bs for $2,600. (there was no beginning balance).
- During the month the company produced 500 HBs and 1000 DDs.
- During the month the company used 2520 units of Ps and 3975 units of Bs.
- Payroll was $315, with 16 hours (this is actual - direct labor only).
- Each burger requires 1/100 of an hour for Direct Labor
- Labor standard cost is $20 per hour.
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2.Use the information given in Problem I.
Use standard cost information for all calculations except as noted below.
Department
$Costs
Activity Cost Driver
Frying
$375
Patties
Baking
$480
Buns
Questions 28-49: Suggestion: use the worksheet to complete the problem first, then answer the questions.
- 28. What is the ABC allocation Rate for Baking?
- 29.What is the Direct Material Cost per unit for DD (using standards)?
- 30. What is the Direct Material Cost per unit for HB (using standards)
- 31. What is the Direct Labor Cost per unit for HB (using standards)
- 32. Using Direct Labor Hours, what is the total unit cost of HB using the "traditional" method? (round to cents)
- 33. What is the Overhead Unit ABC Cost of DD?
- 34. What is the ABC allocation Rate for Frying?
- 35. Using Direct Labor Hours, what is the Over head unit cost of HB using the "traditional" method? (round to cents)
- 36. Using Direct Labor Hours, what is the total unit cost of DD using the "traditional" method?
- 37. What is the ABC allocation of Frying Cost to DD?
- 38. What is the ABC allocation of Baking Cost to HB?
- 39. What is the Total Unit ABC Cost of DD?
- 40. Using Direct Labor Hours, what is the total allocation of overhead costs to HB using the "traditional" method?
- 41. Using Direct Labor Hours, what is the Over head unit cost of DD using the "traditional" method?
- 42. What is the Overhead Unit ABC Cost of HB?
- 43. Using Direct Labor Hours, what is the total allocation of overhead costs to DD using the "traditional" method?
- 44. What is the ABC allocation of Baking Cost to DD?
- 45. What is the Total Unit ABC Cost of HB?
- 46. What is the ABC allocation of Frying Cost to HB?
- 47. What is the Direct Labor Cost per unit for DD (using standards)
- 48. Using Direct Labor Hours, what is the allocation rate using the "traditional" method?
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