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Addison Company manufactures two products, Regular and Supreme. Addisons total overhead costs consist of machining $2,500,000, and assembling $1,250,000. Information on the two products is:

Addison Company manufactures two products, Regular and Supreme. Addisons total overhead costs consist of machining $2,500,000, and assembling $1,250,000. Information on the two products is:

Regular Supreme Total

Direct labor hours 10,000 15,000 25,000

Machine hours (machining) 10,000 30,000 40,000

Number of parts (assembly) 90,000 160,000 250,000

Direct Material Costs $50,000 $75,000

Direct Labor Costs $120,000 $180,000

Units Produced 100,000 20,000

1. Overhead applied to REGULAR using traditional costing based on DIRECT LABOR HOURS is:

2. Overhead Applied to Supreme using traditional costing using direct labor hours is:

3. Total product costs using traditional costing for Regular and Supreme are:

4. Total product costs per unit using traditional costing for Regular and Supreme are:

5. Overhead applied to Regular using activity-based costing is:

6. Overhead applied to Supreme using activity-based costing is:

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