Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi-purpose dry chemical at 480 PSI. The commercial model is al l ume (10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for Co l on Therefore, total annual direct labor hours are 96,300 or (1.5 hours x (54,000 + 10,200)). Estimated annual manufacturing overhead is $1,569.238. Thus, the predetermined overhead rate is $16.30 or ($1,569,238 +96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Estimated Use of Drivers by Product Activity Cost Pools Cost Drivers Estimated Overhead Commercial 120,000 Receiving Pounds Estimated Use of Cost Drivers Home 335,000 215,000 35,000 27,000 217.000 165,000 $83.750 155,050 Forming Machine hours 8,000 Assembling Number of parts 403,620 52,000 Testing Number of tests 44,880 25,500 15,500 10,000 Painting Gallons 57,838 824,100 5,258 3,680 335,000 215,000 1.578 120,000 Packing and shipping Pounds $1,569.238 Under traditional product costing compute the total unit cost of each product. (Round answers to 2 decimal places, s. 12.50 Home Model Commercial Model Total unit cost $ e Textbook and Media Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver) (Round overhead rate to 2 decimal places, es 12.25) Activity Cost Pool Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Receiving Pounds per pound Forming Machine hours $ per machine hour Assembling Parts per part Testing Tests per test Painting Gallons per gallon Packing and shipping Pounds per pound Activity Cost Pool Estimated Use of Drivers Activity-Based Overhead Rates Cost Assigned Estimated Use of Drivers Activity-Based Overhead Rates Receiving Forming Assembling Testing Painting Packing and shipping Total costs assigned (a) Units produced (6) Overhead cost per unit [(a) + (b)] Nour Tabbas MesN How to hack some Free Download Ma l otForm Easiest to live Syria TV online. Sign in What are the differ e nowo.com Home Model Commercial Model ed Use of ivers Activity-Based Overhead Rates Cost Assigned Estimated Use of Drivers Activity-Based Overhead Rates Cost Assigned L ust per unit for each product under ABC. (Round answer to 2 decimal places, eg. 12.25.) Home Model Commercial Model Total cost per unit $ e Textbook and Media Classify each of the activities as a value-added activity or a non-value-added activity Activity Receiving Forming Assembling Testing Painting Packing and shipping
