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CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 27 Answer saved Points out of 25.00 PFlag question Traditional Product Costing Versus Activity-Based Costing Assume that Panasonic
CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 27 Answer saved Points out of 25.00 PFlag question Traditional Product Costing Versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $240,000, consisting of the following activity cost pools for the current month Activity Centers Activity Costs Cost Drivers Assembly setups Materials handling Assembly Maintenance Total Activity Level 1,500 300 12,000 1,200 $63,000 Setup hours 33,000 Number of moves 120,000 Assembly hours 24,000 Maintenance hours $240,000 Total direct labor hours used during the month were 8,000. Panasonic produces many different electronic products including the following two products produced during the current month: Units produced Direct materials costs Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Model X301 1,000 $33,000 $30,500 500 50 25 800 Model Z205 1,000 $33,000 $30,500 500 100 50 800 40 a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products Round rate to two decimal places Overhead rate per direct labor hour 0 Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed
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