Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Activity Driver Departmental OH Rate Total Overhead Cost Model 212 Components Finishing Support (Required 1 Required 2 > Peces Activity Componenta Changeover Machining Setupa

image text in transcribedimage text in transcribed

Activity Driver Departmental OH Rate Total Overhead Cost Model 212 Components Finishing Support (Required 1 Required 2 > Peces " Activity Componenta Changeover Machining Setupa DEVRE Numbes 2 batoh Machine hour Number o setupa Quantity 930 2,100 160 Finishing Welding Inspecting REK Overhead coat 6454,000 303,000 225,000 6982,000 6186, 000 224,000 61,500 6471, 500 $143,000 32,500 7,000 $ 242,500 Welding houza Number or inspections RADEK Qedera E, 500 875 210 Support 513 Purchasing Providing apace Providing utilities Purchase Orde: Numbes o unita Number o unita 4,790 Additional production information concerning its two product lines follows. Model 212 3,090 465 Unita produced Welding hou Batched Number or inspections chine hour Setupa RADEK Qedera Purchase Ordesa Model 145 1,700 2,600 465 495 2,750 80 170 5,350 ad 171 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Bose your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing 2 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit ere $210 for Model 145 and $150 for Model 212 3. If the market price for Model 145 is $2,000 and the market price for Model 212 is $260, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department Support department Model 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Model 212 Activity Driver Departmental OH Rate Total Overhead Cost

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

Green Energy Audit Of Buildings A Guide For A Sustainable Energy Audit Of Buildings

Authors: Giuliano Dall’O’

2013 Edition

1447161726, 978-1447161721

More Books

Students also viewed these Accounting questions