Answered step by step
Verified Expert Solution
Question
1 Approved Answer
can someone please answer this question for me El Company manufactures two models of ultra-high fidelity speakers--the X200 model and the X99 model Data regarding
can someone please answer this question for me
El Company manufactures two models of ultra-high fidelity speakers--the X200 model and the X99 model Data regarding the two products fobow Total Direct Product 200 Det store 0.2 DS per unit 05 DHE unit What Production 21.000 unite 6.100 22.000 DE 18.100 DE Additional information about the company follow Model X200 requires 532 in direct materials per unit, and model X99 requires $33. The direct labor workers are paid $40 per hour c. The company has always used direct labor hours as the location base for applying manufacturing overhead cost to products d Model X200 is more complex to manufacture than model X99 and rectores the use of special equipment Because of the special work required in (c) above, the company is considering the use of activity based absorption costing to apply manufacturing overhead cost to products Three activity cost pools have been identified as follows: 200 100 X99 150 Activity control Machine setup Special rocessing General Factory Activity Menure her of setup Machine hours Director hours II Total cost $ 172,500 110,000 8420 31,160,400 Total 250 1.030 2,500 6,500 22.000 Required: Assume that the company continues to use direct labor hours as the allocation base for applying overhead cost to products a Compute the plantwide predetermined overhead rate b. Compute the unit product cost of each model 2. Assume that the company decides to use activity based absorption costing to apply overhead cost to products a Compute the activity rate for each activity cost pool and determine the amount of overhead cost that would be applied to each model using the activity-based approach b. Compute the unit product cost of each model Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Part 1 Req 2 Part 2 Reg 28 Assume that the company continues to use direct labor-hours as the allocation base for applying overhead cost to products Compute the plantwide predetermined overhead rate. (Round your answer to the nearest whole dollar.) Predetermined overhead rate per DLH Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Part 1 Reg 2A Part 2 Reg 28 Assume that the company continues to use direct labor-hours as the allocation base for applying overhead cost to products. Compute the unit product cost of each model (Round "Predetermined overhead rate to nearest dollar amount Round other intermediate calculations and final answers to 2 decimal places.) Model X200 Unit product cost X99 Complete this question by entering your answers in the tabs below. Req1A Reg 18 Reg 2a Part 1 Reg za Part 2 Reg 28 Assume that the company decides to use activity based absorption costing to apply overhead cost to products, Compute the activity rate for each activity cost pool. Activity Rate Activity Cost Pool Machine setups Special processing General factory per setup per MH per DLH Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Part 1 Reg 2 Part 2 Reg 28 Assume that the company decides to use activity based absorption costing to apply overhead cost to products. Determine the amount of overhead cost that would be applied to each model using the activity-based approach. (Round "overhead cost per unit answers to 2 decimal places) Model X200 Model X99 Total overhead cost Overhead cost per unit Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Part 1 Reg 2 Part 2 Req 2B Assume that the company decides to use activity-based absorption costing to apply overhead cost to products Compute the unit product cost of each model. (Round your intermediate calculations and final answers to 2 decimal places.) Unit product cost of Model X200 Unit product cost of Model X99 El Company manufactures two models of ultra-high fidelity speakers--the X200 model and the X99 model Data regarding the two products fobow Total Direct Product 200 Det store 0.2 DS per unit 05 DHE unit What Production 21.000 unite 6.100 22.000 DE 18.100 DE Additional information about the company follow Model X200 requires 532 in direct materials per unit, and model X99 requires $33. The direct labor workers are paid $40 per hour c. The company has always used direct labor hours as the location base for applying manufacturing overhead cost to products d Model X200 is more complex to manufacture than model X99 and rectores the use of special equipment Because of the special work required in (c) above, the company is considering the use of activity based absorption costing to apply manufacturing overhead cost to products Three activity cost pools have been identified as follows: 200 100 X99 150 Activity control Machine setup Special rocessing General Factory Activity Menure her of setup Machine hours Director hours II Total cost $ 172,500 110,000 8420 31,160,400 Total 250 1.030 2,500 6,500 22.000 Required: Assume that the company continues to use direct labor hours as the allocation base for applying overhead cost to products a Compute the plantwide predetermined overhead rate b. Compute the unit product cost of each model 2. Assume that the company decides to use activity based absorption costing to apply overhead cost to products a Compute the activity rate for each activity cost pool and determine the amount of overhead cost that would be applied to each model using the activity-based approach b. Compute the unit product cost of each model Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Part 1 Req 2 Part 2 Reg 28 Assume that the company continues to use direct labor-hours as the allocation base for applying overhead cost to products Compute the plantwide predetermined overhead rate. (Round your answer to the nearest whole dollar.) Predetermined overhead rate per DLH Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Part 1 Reg 2A Part 2 Reg 28 Assume that the company continues to use direct labor-hours as the allocation base for applying overhead cost to products. Compute the unit product cost of each model (Round "Predetermined overhead rate to nearest dollar amount Round other intermediate calculations and final answers to 2 decimal places.) Model X200 Unit product cost X99 Complete this question by entering your answers in the tabs below. Req1A Reg 18 Reg 2a Part 1 Reg za Part 2 Reg 28 Assume that the company decides to use activity based absorption costing to apply overhead cost to products, Compute the activity rate for each activity cost pool. Activity Rate Activity Cost Pool Machine setups Special processing General factory per setup per MH per DLH Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Part 1 Reg 2 Part 2 Reg 28 Assume that the company decides to use activity based absorption costing to apply overhead cost to products. Determine the amount of overhead cost that would be applied to each model using the activity-based approach. (Round "overhead cost per unit answers to 2 decimal places) Model X200 Model X99 Total overhead cost Overhead cost per unit Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Part 1 Reg 2 Part 2 Req 2B Assume that the company decides to use activity-based absorption costing to apply overhead cost to products Compute the unit product cost of each model. (Round your intermediate calculations and final answers to 2 decimal places.) Unit product cost of Model X200 Unit product cost of Model X99 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started