Carmen Company produces 50,000 units of Product Q and 6,000 units of Product Z during a period In that period, four set ups were required for color changes All units of Product Q are black, which is the color in the process at the beginning of the period A set up was made for 1,000 blue units of Product Z a set up was made for 4,500 red units of Product Z a set up was made for 500 green units of Product Z A set up was then made to return the process to its standard black coloration and the units of Product Q were run Each set up costs P500 (USE THREE DECIMAL PLACES) If set up cost is assigned on a volume basis for the department, what is the approximate per unit set up cost for Product Z Assume that Carmen Company has decided to allocate overhead costs using levels of cost drivers What would be the approximate per unit set up cost for the blue units of Product Z Assume that Carmen Company has decided to allocate overhead costs using levels of cost drivers What would be the approximate per unit set up cost for the green units of Product Z Kenyon Company produces two products (F56 and F57), applying manufacturing overhead on the basis of direct labor hours Anticipated unit production costs (material, labor, and overhead) and manufacturing volumes are F56 2,000 units, $234 F57 3,500 units, $271 Kenyon's overhead arises because of various activities, one of which is purchase order processing Budgeted cost for this activity is expected to be $70,000 The firm believes that the number of purchase orders processed is a key cost driver and expects the following activity for its products F56, 10 purchase orders F57, 40 purchase orders Kenyon's selling prices are based heavily on cost Compute the pool application rate for purchase order processing Compute the purchase order processing cost to be charged to one unit of F56

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Carmen Company produces 50,000 units of Product Q and 6,000 units of Product Z during a period. In that period, four set-ups were required for

Carmen Company produces 50,000 units of Product Q and 6,000 units of Product Z during a period. In that period, four set-ups were required for color changes. All units of Product Q are black, which is the color in the process at the beginning of the period. A set-up was made for 1,000 blue units of Product Z; a set-up was made for 4,500 red units of Product Z; a set-up was made for 500 green units of Product Z. A set-up was then made to return the process to its standard black coloration and the units of Product Q were run. Each set-up costs P500.

(USE THREE-DECIMAL PLACES)

If set-up cost is assigned on a volume basis for the department, what is the approximate per-unit set-up cost for Product Z?
Assume that Carmen Company has decided to allocate overhead costs using levels of cost drivers. What would be the approximate per-unit set-up cost for the blue units of Product Z?
Assume that Carmen Company has decided to allocate overhead costs using levels of cost drivers. What would be the approximate per-unit set-up cost for the green units of Product Z?

Kenyon Company produces two products (F56 and F57), applying manufacturing overhead on the basis of direct labor hours.Anticipated unit production costs (material, labor, and overhead) and manufacturing volumes are:

F56: 2,000 units, $234

F57: 3,500 units, $271

Kenyon's overhead arises because of various activities, one of which is purchase-order processing.Budgeted cost for this activity is expected to be $70,000.The firm believes that the number of purchase orders processed is a key cost driver and expects the following activity for its products: F56, 10 purchase orders; F57, 40 purchase orders.Kenyon's selling prices are based heavily on cost.