At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, After studying the plant's manufacturing activities and costs, the plant accountant has collected the X21 and Y37. For many years, the company has used a simple plantwide manufacturing support cost rate following data for last year: based on direct labor hours (Click the icon to view the data.) A new plant countant suggested that the company may be able to assign support costs to products more The accountant has also determined that actual manufacturing support costs incurred last year were as accurately by using an activity-based costing system that relies on a separato rate for each manufacturing follows: activity that causes support costs (Click the icon to view the support costs) The direct materials cost for product X21is $120 per unit, while for product Y37 it is $140 per unit Read the requirements Requirement (a) Determine the unit cost of each product using direct labor hours to allocato all manufacturing support costs. (Round interim calculations and your final answers to the nearest cont.) Cost per unit Product X21 Product Y37 Direct materials cost Direct labor cost Marutacturing support cost Unt cost At its manutacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, After studying the plant's manufacturing activities and costs, the plant accountant has collected the X21 and Y37. For many years, the company has used a simple plantwido manufacturing support cost rate following data for last year based on direct labor hours. (Click the icon to view the data.) A new plant accountant suggested that the company may be able to assign support costs to products more the accountant has also determined that actual manufacturing support costs incurred last year were as accurately by using an activity-based costing system that relies on a separate rate for each manufacturing follows activity that causes support costs. (Click the icon to view the support costs) The direct materials cost for product X21 is $120 per unit, while for product Y37 it is $140 per unit. Read the requirements Manufacturing support cost Untos! Requirement (b) Determine the unit cost of each product using activity-based costing Begin by determining the cost driver rates and costs allocated to each product using activity based costing Costs allocated to products Activity Cost driver rate X21 Y37 Handlina At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, X21 and Y37. For many years, the company has used a simple plantwido manufacturing support cost rate based on direct labor hours A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity-based costing system that relies on a separate rate for each manufacturing activity that causes support costs. After studying the plant's manufacturing activities and costs, the plant accountant has collected the following data for last year: (Click the icon to view the data) The accountant has also determined that actual manufacturing support costs incurred last year were as follows (Click the icon to view the support costs.) The direct materials cost for product X21 is $120 per unit, while for product Y37 it is $140 per unit. Read the requirements Handling Number of parts Design changes Setups Total Now determine the unit cost of each product using activity-based costing (Round your answers to the nearest cont.) 0 At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, After studying the plants manufacturing activities and costs, the plant accountant has collected the X21 and Y37. For many years, the company has used a simple plantwide manufacturing support cost rate following data for last year: based on direct labor hours. (Click the icon to view the data.) A new plant accountant suggested that the company may be able to assign support costs to products more the accountant has also determined that actual manufacturing support costs incurred last year were as accurately by using an activity-based costing system that relies on a separate rate for each manufacturing follows activity that causes support costs Click the icon to view the support costs) The direct materials cost for product X21 is $120 per unit, while for product Y37 it is $140 per unit Read the requirements Product X21 Product Y37 Cost per unit Direct materials cost Direct labor cost Manufacturing support cost Unit cost Requirement (c) Which of the two methods from parts a and produce more accurato estimates of job costs? Explain At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, After studying the plants manufacturing activities and costs, the plant accountant has collected the X21 and Y37. For many years, the company has used a simple plantwide manufacturing support cost rate following data for last year: based on direct labor hours (Click the icon to view the data) A new plant accountant suggested that the company may be able to assign support costs to products more the accountant has also determined that actual manufacturing support costs incurred Last year were as accurately by using an activity-based costing system that relies on a separate rate for each manufacturing follows: activity that causes support costs Click the icon to view the support costs.) The direct materials cost for product X21 is $120 per unit, while for product Y37 it is $140 per unit. Read the requirements UD Requirement (c) Which of the two methods from parts a and b produce more accurate estimates of job costs? Explain produces more accurate estimates of job costs because it takes into account the that give rise to support costs Requirement (d) Suppose Endo has been determining its product prices by adding a 25% markup to its reported product cost. Computo product prices on the basis of the costs computed in parts a and b. What do you recommend to Endo regarding its pricing? Begin by computing product prices on the basis of costs computed in parts a and b. (Round your answers to the nearest cent) Cost-based prices Product X21 Product Y37 This Question: 20 pts 6 of 7 This Test: 100 pts possit At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, After studying the plant's manufacturing activities and costs, the plant accountant has collected the X21 and Y37. For many years, the company has used a simple plantwide manufacturing support cost rato following data for last year. based on direct labor hours (Click the icon to view the data.) A new plant accountant suggested that the company may be able to assign support costs to products more the accountant has also determined that actual manufacturing support costs incurred last year were as accurately by using an activity-based costing system that relies on a separate rate for each manufacturing follows: activity that causes support costs. Click the icon to view the support costs) The direct materials cost for product X21 is $120 per unit, while for product Y37 it is $140 per unit Read the requirements Cost-based prices Product X21 Product Y37 Traditional costing Activity-based cosing What do you recommend to Endo regarding its pricing? If Endo plans to continue to use cool-based pricing, it should use product Y37's prion as the basis for its markups. Using the analysis in the previous stop, Endo should product X21's price and At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company manufactures two products, After studying the plant's manufacturing activities and costs, the plant accountant has collected the X21 and Y37. For many years, the company has used a simple plantwido manufacturing support cost rate following data for last year based on direct labor hours (Click the icon to view the data) A new plant accountant suggested that the company may be able to assign support costs to products more The accountant has also determined that actual manufacturing support costs incurred last year were as accurately by using an activity-based costing system that relies on a separate rate for each manufacturing follows: activity that causes support costs. (Click the icon to view the support costs.) The direct materials cost for product X21 is $120 per unit, while for product Y37 Ris 5140 per unit Read the requirements Requirement (e) What product-level changes do you suggest on the basis of the activity-based cost analysis? Who would be involved in bringing about your suggested changes? Based on the fact that Endo sols X21s than Y37s, but product X21 has the company can explore ways to number of these items Who would be involved in bringing about your suggested changes? (Complete all answer boxos.) and Company manufactures two products, antwi i Data Table to as na se After studying the plant's manufacturing activitie that actual prt costs.) Item X21 Y37 X21 is $12 Units produced and sold Direct labor hours used direct Direct labor cost $ ulations and Number of times handled 50,000 100,000 100,000 300,000 1,000,000 $ 4,500,000 40,000 20,000 12,000 8,000 2,000 1,000 8,000 6,000 ct Y37 Number of parts Number of design changes Number of product setups Print Done and then continue to the next question. the data.) etermined tha ssign supp eparate ra i - X Data Table - he support Cost Pool product X2 Activity Costs $ abor hour Handling Number of parts Design changes brim calcula 3,000,000 2,400,000 3,300,000 2,800,000 Setups Total $ 11,500,000 Print Done s manufacturing plant in Duluth Minnesota. uyuyu Pun Jurulaug Latitling and not tanlanticountant bac Requirements Requirements (a) Determine the unit cost of each product using direct labor hours to allocate all manufacturing support costs. (b) Determine the unit cost of each product using activity-based costing. (c) Which of the two methods from parts a and b produce more accurate estimates of job costs? Explain. (d) Suppose Endo has been determining its product prices by adding a 25% markup to its reported product cost. Compute product prices on the basis of the costs computed in parts a and b. What do you recommend to Endo regarding its pricing? (e) What product-level changes do you suggest on the basis of the activity-based cost analysis? Who would be involved in bringing about your suggested changes? Print Done se from any list or enter any number in the input fields and then cominue to the next que At its manufacturing plant in Duluth, Minnesota, Endo Electronics Company After studying the plant's manufacturing activities and costs, the plant accountan manufactures two products, X21 and Y37. For many years, the company has used has collected the following data for last year: a simple plantwide manufacturing support cost rate based on direct labor hours. (Click the icon to view the data.) A new plant accountant suggested that the company may be able to assign support the accountant has also determined that actual manufacturing support costs costs to products more accurately by using an activity-based costing system that incurred last year were as follows: relies on a separate rate for each manufacturing activity that causes support costs. (Click the icon to view the support costs.) The direct materials cost for product X21 is $120 per unit, while for product Y37 $140 per unit. Read the requirements. ncurred last year were as follows: (Click the icon to view the support costs.) The direct materials cost for product X21 is $120 per unit, while for product Y37 it is $140 per unit. Read the requirements. gec g 6 of 7 Data Table - Item X21 Y37 Units produced and sold Direct labor hours used Direct labor cost $ Number of times handled 50,000 100,000 100,000 300,000 1,000,000 $ 4,500,000 40,000 20,000 12,000 8,000 2,000 8,000 6,000 Number of parts Number of design changes Number of product setups 1,000 Print Done 6 of 7 ectronics Company After studying the plant's manuf Hata x hec etern bllov i Data Table lhes Cost Pool Activity Costs pra $ Handling Number of parts 3,000,000 2,400,000 3,300,000 2,800,000 Design changes ppor Setups Total $ 11,500,000 Print Done ut fields and then continue to the next question. That's all the information provided. Thanks