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Check my work 5 Consider the following data for two products of Vigano Manufacturing, Activity 20 points Machine setup Parts handling Quality inspections Total budgeted
Check my work 5 Consider the following data for two products of Vigano Manufacturing, Activity 20 points Machine setup Parts handling Quality inspections Total budgeted overhead Budgeted Activity Driver Coat $ 14,000 (20 machine setups ) 11,200 (16,000 parts 16,800 (100 inspections) $ 42,000 eBook Product B Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Product A 1,400 units $ 24 per unit $ 44 per unit 2 per unit 290 units $ 34 per unit $ 54 per unit 2.50 per unit Hint Print 1. Using a plantwide overhead rate based on 3,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. References Product B Actual Activity Usage Setups Parts Inspections Product A B setups 10,000 parts 40 inspections 12 setups 6,000 parts 60 inspections Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 3,500 direct labor hours, compute the total product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Product A Product B Required 1 Required 2 Check my work Inspections 40 inspections 60 inspections 07 Complete this question by entering your answers in the tabs below. 20 points Required 1 Required 2 Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. (Round your final answers to 2 decimal places.) eBook a. Compute overhead activity rates a. 00 Hint Activity Activity Rate per setup Machine setup Parts handling per part Print Quality Inspection per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Allocated Cost Activity Product A A Product B References Machine setup Parts handling Quality inspection Total allocated cost S 0 $ $ 0 Units produced Overhead cost per unit c. Product cost per unit using activity-based costing Per Unit Product Cost per Unit Product A Product B
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