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Castle Dale Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs: Setting up equipment is based on setup hours, and

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Castle Dale Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs: Setting up equipment is based on setup hours, and other overhead is based on oven hours. Castle Dale produces two products, Fudge and Cookies. Information on each product is as follows: Required: 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. a. Setting up equipment X per setup hour b. Other overhead X per oven hour 2. How much total overhead is assigned to Fudge using ABC ? x 3. What is the unit overhead assigned to Fudge using ABC? Round to the nearest cent. X per unit 4. Now, ignoring the ABC results, calculte the plantwide overhead rate, based on oven heurs: X per oven hour 5. How much tocal overtiead is ansigned to fudge using the plantwide overbead rate? x 6a. The difference in the total overheod asugned to rudge is different under the ABC system and non-ABC system beceuse difference in the sale arices of the products. x. 6b. What is the difference in total overhesd ansigned to fudge under the two methodn? Do not round intermediate calculations. Castle Dale Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs: Setting up equipment is based on setup hours, and other overhead is based on oven hours. Castle Dale produces two products, Fudge and Cookies. Information on each product is as follows: Required: 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. a. Setting up equipment X per setup hour b. Other overhead X per oven hour 2. How much total overhead is assigned to Fudge using ABC ? x 3. What is the unit overhead assigned to Fudge using ABC? Round to the nearest cent. X per unit 4. Now, ignoring the ABC results, calculte the plantwide overhead rate, based on oven heurs: X per oven hour 5. How much tocal overtiead is ansigned to fudge using the plantwide overbead rate? x 6a. The difference in the total overheod asugned to rudge is different under the ABC system and non-ABC system beceuse difference in the sale arices of the products. x. 6b. What is the difference in total overhesd ansigned to fudge under the two methodn? Do not round intermediate calculations

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