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Answer the following please: High Country Outfitters, Inc., makes backpacks for large sporting goods chains that are sold under the customers' store brand names. The
Answer the following please:
High Country Outfitters, Inc., makes backpacks for large sporting goods chains that are sold under the customers' store brand names. The accounting department has Identified the following overhead costs and cost drivers for next year: Overhend Item Expucted Costs Cost Driver Setup cost Ordering costs 240,000 Number of arders Maintenance 203,000 Number of machine hours Power Maximum Quantity ,200 60,000 20,000 600,0c0 5936,000 Number of setups 120,00 Number of Ilowatt hours Total predicted direct labor hours for next year is 60,00o. The following data are for two recently completed jobs Cos: of direct materials Cot of direct labor Number of units completed Number of direct labar hours Number ot seups Number of orders Job 201 Job 202 $13,500 $15,000 519,125 571,250 1,125915 270 0 13 270 360 a. Determine the unit cost for each job using a traditional company-wide overhead rate based on direct labor hours. Round rate to two decimal places. Overhead rate per direct labor hour $ Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, If needed Job 201 Job 202 Direct materiels Direct labor Total job cost Units Per unit cost b. Determine the unit cost for each job using ABC. Activity-based overhead rates: Rourid cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed. etup costs Ordering costs Maintenance costs per order per machine hour Power ger kwh Job 201 Job 202 Lirect matorias Directlabor Secup cost Ordering cost Power Total job cots Units produced Cos per unit
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