Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Direct materials...
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Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Budgeted Cost Activity Driver $ 22,000 (20 machine setups) 17,600 (16,000 parts) 26,400 (100 inspections) $ 66,000 Product A 2,200 units Product B 440 units $ 42 per unit $ 32 per unit $ 52 per unit 2 per unit $ 62 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 5,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Product A 8 setups 10,000 parts Product B 12 setups 6,000 parts Actual Activity Usage Setups Parts: Inspections 40 inspections 60 inspections Complete this que on by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 5,500 direct labor hours, compute the total product cost per unit for each product. Per Unit Product A Product B Direct Materials Direct Labor Overhead Product Cost per Unit ces Required 1 Required 2 Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. (Round your final answers to 2 decimal places.) a. Compute overhead activity rates Machine setup Activity Parts handling Quality inspection Activity Rate per setup per part per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Activity Machine setup Parts handling Quality inspection Total allocated cost Units produced Allocated Cost Product A Product B $ 0 $ 0 Overhead cost per unit c. Product cost per Ong activity-based costing Product A Product B Per Unit Product Cost per Unit Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Budgeted Cost Activity Driver $ 22,000 (20 machine setups) 17,600 (16,000 parts) 26,400 (100 inspections) $ 66,000 Product A 2,200 units Product B 440 units $ 42 per unit $ 32 per unit $ 52 per unit 2 per unit $ 62 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 5,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Product A 8 setups 10,000 parts Product B 12 setups 6,000 parts Actual Activity Usage Setups Parts: Inspections 40 inspections 60 inspections Complete this que on by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 5,500 direct labor hours, compute the total product cost per unit for each product. Per Unit Product A Product B Direct Materials Direct Labor Overhead Product Cost per Unit ces Required 1 Required 2 Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. (Round your final answers to 2 decimal places.) a. Compute overhead activity rates Machine setup Activity Parts handling Quality inspection Activity Rate per setup per part per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Activity Machine setup Parts handling Quality inspection Total allocated cost Units produced Allocated Cost Product A Product B $ 0 $ 0 Overhead cost per unit c. Product cost per Ong activity-based costing Product A Product B Per Unit Product Cost per Unit
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