Assignment 4.JOb Ulder Cosung 1 Help Save & Exit Submit 00 Kingsport Containers Company makes a single product that is subject to wide seasonal variations in demand. The company uses a job-order costing system and computes plantwide predetermined overhead rates on a quarterly basis using the number of units to be produced as the allocation base. Its estimated costs, by quarter, for the coming year are given below. Fourth $180,000 90.000 eBook Direct materials Direct labor Manufacturing overhead Total manufacturing costs (a) Number of units to be produced Estimated unit product cost (a) First $240,000 120,000 230,000 3590,000 30.000 $ 7.38 Quarter Second Third $120.000 $ 60,000 60.000 30.000 206, 000 194,000 $386.000 $284,000 40.000 20.000 $ 9.65 $ 14.20 ) $ 60,000 $ ! (b) Management finds the variation in quarterly unit product costs to be confusing and difficult to work with. It has been suggested that the problem lies with manufacturing overhead because it is the largest element of total manufacturing cost. Accordingly, you have been asked to find a more appropriate way of assigning manufacturing overhead cost to units of product Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is $0.60, what must be the estimated total fixed manufacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates, calculate the unit product cost for all units produced during the year Complete this question by entering your answers in the tabs below. Darreda Assignment 4:Job Order Costing i Saved Help Save & Exit oo Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is $0.60, what must be the estimated total fixed manufacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates. calculate the unit product cost for all units produced during the year, eBook Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assuming the estimated variable manufacturing overhead cost per unit is $0.60, what must be the estimated total fixed manufacturing overhead cost per quarter? Fixed manufacturing overhead cost Required 2 > 8 Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is $0.60, what must be the estimated total fixed manufacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates. calculate the unit product cost for all units produced during the year eBook Print Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? (Do not round the intermediate calculations and round the "Unit product cost" to 2 decimal places.) Unit product cost Mc Hugment".JUU UIUel Costing Saved Help Save & Exit Submit 8 Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is $0.60, what must be the estimated total fixed manufacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates, calculate the unit product cost for all units produced during the year. eBook Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is causing the estimated unit product cost to fluctuate from one quarter to the next? The fixed portion of the manufacturing overhead cost is causing the unit product costs to fluctuate. The unit product cost increases as the level of production decreases because the food overhead is spread over fewer units The fixed portion of the manufacturing overhead cost is causing the unit product costs to fluctuate The unit product cost decreases as the level of production decreases because the fixed overhead is spread over tower units. The variable portion of the manufacturing overhead cost is causing the unit product costs to fluctuate The unit product cost increases as the level of production decreases because the variable overhead is spread over fewer units The variable portion of the manufacturing overhead cost is causing the unit product costs to fluctuate. The una product cost decreases as the level of production decreases because the variable overhead is spread over fewer units Assignment 4:Job Order Costing Help Save & Submit 00 Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is $060, what must be the estimated total foed manufacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates. calculate the unit product cost for all units produced during the year Book Print Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 41 Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates, calculate the unit product cost for all units produced during the year. (Do not round the intermediate calculations and round the Unit product cost to 2 decimal places) Unit product cost