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Can you please help me get the right calculations? Please do a step-by-step answer. Requirement 3. Compute the estimated ABC indirect manufacturing cost per unit
Can you please help me get the right calculations? Please do a step-by-step answer.
Requirement 3. Compute the estimated ABC indirect manufacturing cost per unit of each model for 2018. Carry each cost to the nearest cent. Compute the costs per unit for the standard model first, then the deluxe model. (Carry the setup cost per rim to three decimal places. Round your final answers to the nearest cent.)
I received a note that some of the amounts in the box directly above this message are incorrect.
\begin{tabular}{lrr} & Standard & Deluxe \\ \hline Parts per rim & 4.0 & 7.0 \\ Setups per 500 rims & 18.0 & 18.0 \\ Finishing hours per rim & 1.0 & 5.5 \\ Total direct labor hours per rim & 5.0 & 6.0 \\ \hline \end{tabular} \begin{tabular}{llr} \hline \multicolumn{1}{c}{ Activity } & \multicolumn{1}{c}{ Allocation Base } & PredeterminedOverheadAllocationRate \\ \hline Materials handling & Number of parts & $4.00 per part \\ Machine setup & Number of setups & 400.00 per setup \\ Insertion of parts & Number of parts & 26.00 per part \\ Finishing & Number of finishing hours & 90.00 per hour \\ \hline \end{tabular}Step by Step Solution
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