chapter 17 question 11

Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to que 11 Exercise 17-12 Using ABC for strategic decisions LO P1, P3 1.33 points Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and "OH rate and cost per unit" answers to 2 decimal places.) Number of units produced Direct labor cost (@ $24 per DLH) Direct materials cost Product A 11,500 units 0.16 DLH per unit $ 1.80 per unit Product B 1,200 units 0.21 DLH per unit $ 2.30 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 41,354 58,000 82,650 $182,004 Required: X Answer is not complete. Pect for the work you have completed so far. It does not indicate completion. Return 11 Required: X Answer is not complete. 33 Dints 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. 0 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Product A OH Cost per Units Produced Product B Product A Product B 2. If the market price for Product A is $24.68 and the market price for Product 8 i $62, determine the profit or loss per unit for each product. Market price Product A Product B Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to qu 11 2. If the market price for Product A is $24.68 and the market price for Product B is $62, determine the profit or loss per unit for each product. Product A Product B Market price 133 points 3. Consider the following additional information about these two product lines. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? Product A Product B 6 28 Number of setups required for production Number of parts required Inspection hours required setups part/unit setups 8 12 part/unit 60 hours 225 hours Machine setup 0 Materials handling Quality control 0 Return 11 Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A 1.33 points Machine setup Materials handling Quality control $ 0 Product B Machine setup Materials handling Quality control $ 0 Total manufacturing costs Direct Materials per unit Product A Product B Direct Labor per unit Overhead per unit Total manufacturing cost per unit 7: Homework Saved Help Save & EX Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to 11 | Total manufacturing costs Direct Materials per unit Product A Product B Direct Labor per unit Overhead per unit Total manufacturing cost per unit 4. Determine the profit or loss per unit for each product assuming ABC costing. Product A Market price Product B