Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6 Consider the following da vo products of Gitano Manufacturing (Loss amounts should be indicated with a minus sign. Round your intermediate wons and OH

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
6 Consider the following da vo products of Gitano Manufacturing (Loss amounts should be indicated with a minus sign. Round your intermediate wons and "OH rate and cost per unit" answers to 2 decimal places.) Product A Product B Number of units produced 11,000 units 1,800 units Direct labor cost (@ $26 per DLH) 0.15 DH per unit 0.26 DH per unit Direct materials cost $ 2.00 per unit $ 2.30 per unit Skipped Activity Machine setup Materials handling Quality control inspections Overhead costs 559,166 56,000 63.900 $184.266 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per tant for each pradictie Dyread.costs Det bor hours Overhead Assigned Product Products Activity Driver Plantwide OH rate Total Overhead Coat Line Produced Predsta Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. 0 1 Overhead.costs Direct labor hours Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product Product B Product A Product B 2. If the market price for Product Als $26.49 and the market price for Product B is $64, determine the profit or loss per unit for each product, Product A Product Market price 9. Consider the following additional information about these two product lines ABC is used to signing the bus what is the coat per unit for Product A and for Product Product Number of soups required for production 30 Saved if the market price for Product A is $25,49 and the market price for Product B is $64, Market price Product A fine the profit or loss per unit for each product Product B 3. Consider the following additional information about these two product lines. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? Product A Product Number of setups required for production 5 setups 34 setups Number of parts required 6 part/unit 11 parture Inspection hours required 50 hours 215 hours Machine setup Materials handling Quality control Activity Dever Activity Rate Tutal Overhead Cest Overhead Assigned Product A Machine setup Malons handling $62534 52Fims meducation.com%252Fmglumiddleware 25 Liz Soved Overhead assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control ped $ 0 Product B Machine setup Materials handling Quality control Product A Producto Total manufacturing costs Doct Mans per unit Deed Labor porn Overhead per und Total manufacturing cost per un 4. Determine the protes for schodoming Acces Product Product A fuct B tal manufacturing costs Direct Materials per Dtacto per verhead per unit Total manufacturing cost per unit 4. Determine the profit or loss per unit for each product assuming ABC costing Product A Market price Product B 4.2 Based on your results in part 4 should the profit or loss per unit for each product influence company strategy? Yes ONO

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accountability Ethics And Sustainability Of Organizations

Authors: Sandro Brunelli, Emiliano Di Carlo

3rd Edition

3030311929, 9783030311926

More Books

Students also viewed these Accounting questions

Question

To identify HRM functions when it is created.

Answered: 1 week ago

Question

To understand the role of HRM as a business development partner.

Answered: 1 week ago