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anyone can help? (Req 1-2) Please try to write clearly and make sure everything can be seen. Thank you:) Fogerty Company makes two products-titanium Hubs
anyone can help? (Req 1-2) Please try to write clearly and make sure everything can be seen. Thank you:)
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit 0.60 Hubs Sprockets Annual Production 16,000 units 53,000 units 0.20 Additional information about the company follows: a. Hubs require $39 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $11 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Estimated Overhead Cost Hubs Total Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) 115 $21,735 $ 82,000 4,100 General factory (organization-sustaining) 207 4,100 NA $ 211,000 NA Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. Activity Sprockets 92 0 NA Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost Step by Step Solution
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