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Appreciate the help on this! Rekox Company manufactures two types of laser printers: monochrome and multifunction. Currently, manufacturing overhead is allocated based solely on the

Appreciate the help on this!

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Rekox Company manufactures two types of laser printers: monochrome and multifunction. Currently, manufacturing overhead is allocated based solely on the consumption of direct labor hours. For the upcoming quarter, the company expects to produce 1,900 units of monochrome printers and 1,300 units of multifunction printers, and expects manufacturing overhead costs to be $27,000. Each monochrome and multifunction laser printer requires 0.5 direct labor hours and 0.7 direct labor hours respectively The following table outlines the selling price, materials and labor cost for each unit of monochrome and multifunction laser printers manufactured. Selling Price Direct Material Direct Labor $12 Monochrome $110 $16 $48 Multifunction $376 $81 The company is considering changing their current costing system to the ABC costing system. If they decide to use this method, they would separate the manufacturing support costs into three activities: handling purchase orders, inspecting and setting up production flow. The budgeted manufacturing overhead cost for purchase orders, inspections and product setups are $13,900, $11,500 and $5,600 respectively. The following table indicates the cost allocation usage for each product. Monochrome Multifunction Number of purchase orders 54 135 Number of inspections 57 225 Number of setups 95 368 Do not enter dollar signs or commas in the input boxes a) For each product, calculate the manufacturing cost per unit under the current costing system (using direct labor hours to allocate manufacturing overhead.) Round your answers to the nearest whole number Direct Labor Hours Monochrome Multifunction Total

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