Can you please help me with problem number P4-2B

Problems: Set B 1 PROBLEMS: SET B P4-1B VideoPlus, Inc. manufactures two tynes of DVD plavers,a deluxe model and a stan Assigr dard model. The deluxe model is a multi-format progressive-scan DVD player with net- working capability, Dolby digital, and DTS decoder. The standard model's primary ftuecivdries as value- or is progressive-scan. Annual production is 50,000 units for the deluxe and 20,000 units forvalue-added the standard. overhead using traditional costing and ABC ompute unit costs, elnssty Both products require 2 hours of direct labor for completion. Therefore, total annual direct labor hours are 140,000 [2 hrs. x (20,000 +50,000)]. Expected annual manufacturing overhead is $1,050,000. Thus, the predetermined overhead rate is $7.50 ($1,050,000 140,000) per direct labor hour. The direct materials cost per unit is $42 for the deluxe model and $11 for the standard model. The direct labor cost is $18 pet unit for both the deluxe and the standard model:s (LO 1, 2, 3), AP The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Expected Use ofExpected Use of Estimated CostDrivers by Product Activity Cost Pool Cost Driver Overhead Drivers Standard Deluxe 000,000 4,00 16.000 Receiving Assembling Testing Number of pats Number of tests Units 444,000 74,000 20,000 54,000 115,000 23,000 10,000 13,000 140,000 70,000 20,000 50,000 Packing and shipping Pounds 195,000 80,000 18,000 62,000 $1,050,000 Instructions costing, compute the total unit cost of both products. la) Unit cost-Standard $44 Prepare a simple comparative schedule of the individual costs by product (similar to (b) Under ABC, prepare a schedule showing the computations of the activity-based over- on the use of cost drivers. (Include a computation of overhead cost per unit, rounding (e) Classify each of the activities as a value-added activity or a non-value-added activity Illustration 4-10). head rates (per cost driver). to the nearest cent.) ol to each product based (c) Cost assigned-Standard $291,375 (d) Compute the total cost per unit for each product under ABC. ard $43.57 (0 Comment on (1) the comparative overhead cost per unit for the two products under ABC, and (2) the comparative total costs per unit under traditional costing and ABC. P4-2B Kinnard Electronics manufactures two home theater systems: the Elite which sells Assign overhead to products a HSABCo decision. for $1,400, and a new model, the Preferred, which sells for $1,100. The production cost te computed per unit under traditional costing for each model in 2017 was as follows (LO 2), AP Traditional Costing Elite Preferred Direct materials Direct labor ($20 per hour) Manufacturing overhead ($35 per DLH) Total per unit cost 80 175 $875 $540 In 2017, Kinnard manufactured 20,000 units of the Elite and 10,000 units of the Pre- ferred. The overhead rate of $35 per direct labor hour was determined by dividing total expected manufacturing overhead of $4,900,000 by the total direct labor hours (140,000) for the two models Under traditional costing, the gross profit on the models was Elite $525 ($1,400-$875), and Preferred $560 ($1,100 $540). Because of this difference, management is considering phasing out the Elite model and increasing the production of the Preferred model