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can anyone please help me with number b and c. thanks in advance As you learned in the previous chapters, Current Designs has two main

can anyone please help me with number b and c. thanks in advance
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As you learned in the previous chapters, Current Designs has two main product lines-composite kayaks, which are handmade and very labor-intensive, and rotomolded kayaks, which require less labor but employ more expensive equipment. Current Designs controller Diane Buswell, is now evaluating several different methods of assigning overhead to these products. It is important to ensure that costs are appropriately assigned to the company's products. At the same time, the system that is used must not be so complex that its costs are greater than its benefits Diane has decided to use the following activities and costs to evaluate the methods of assigning overhead. Activities Cost Designing new models 5116,000 Creating and testing prototypes 152,000 Creating molds for kayaks 180,000 Operating oven for the rotomolded kayaks 44,000 Operating the vacuum line for the composite kayaks 26,000 Supervising production employees 200.000 Curing time the time that is needed for the chemical processes to finish before the next step in the production process, many of these costs are related to the space required in the building) 180.000 Total $898.000 As Diane camines the datashe decides that the cost of operating the oven for the rotomolded kayaks and the cost of operating the vacuum line for the composite kayaks can be directly signed to each of these product lines and do not need to be assigned with the Other coit Por purposes of this analysis assume that Current Designs uses $220.000 in direct labor costs to produce 1.000 composite kayaks and 5324.000 indirect labor cols to produce 4000 rotomoded kayaks sich year For purposes of this analysis, assume that Current Designs uses $228,000 in direct labor costs to produce 1,000 composite kayaks and 5324.000 in direct labor costs to produce 4.000 rotomolded kayaks each year. (a) Your answer is correct One method of assigning overhead would assign the common costs to each product line by using an assignment basis such as the number of employees working on each type of kayak or the amount of factory space used for the production of each type of kayak Diane knows that about 50% of the area of the plant and 50% of the employees work on the composite kayaks, and the remaining space and other employees work on the rotomolded kayaks. Using this information and remembering that the costs of operating the oven and vacuum line have been directly assigned, determine the total amount to be assigned to the composite kayak line and the rotomolded kayak line, and the amount to be assigned to each of the units in each line. (Round cost assigned per unit to 2 decimal places, es 125 25 Composite Rotomolded Total cost assigned $ dod 458000 Cost assigned per unit 3 3145 e Textbook and Media Assistance Used Tebook Fortbook 2 Un petit couco Orruction that 2 Attempts: 1 of used o (b) Your answer is incorrect Another method of assigning overhead is to use direct labor dollars as an assignment basis. Remembering that the costs of the oven and the vacuum line have been assigned directly to the product lines, allocate the remaining costs using direct labor dollars as the allocation basis. Then determine the amount of overhead that should be assigned to each unit of each product line usine this method. (Round cost assigned per unit to 2 decimal places, es, 125 25) Composite Rotomolded Total cost assigned 562400 Cost assigned per unit 104.60 $ 390500 $ $ 39080 $ Assistance Used e Textbook and Media eTextbook 1 eTextbook 2 Attempts: 1 of 3 used Submit A Using multiple attempts will impact your score 10% score reduction after attempt 2 (c) Activity-based costing requires a cost driver for each cost pool Use the following information to assign the costs to the product lines using the activity based costing approach Driver Amount for Composite Kayaks Driver Amount for Rotomolded Kayaks Cost Drivers 3 1 Number of models 6 2 Number of prototypes Activity Cost Pools Designing new models Creating and testing prototypes Creating molds for kayaks Supervising production employees Curing time 1 11 Number of molds 13 12 Number of employees Number of days of curing time 13.000 2000 What amount of overhead should be assigned to each composite kayak using this method? What amount of overhead should be assigned to each otomolded kayak using this method! Round cost assigned per unit to 2 decimal places, eg 125 25) Composite Rotomolded 5 5 Total cost assigned 5 $ Cost designed per unit Assistance Used Textbook and Media Textbook Tombook2

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