Connect App https:[/ezto.mheducation.com Question 5 - Ch 17 Homework Connect Ch 17 Homework 0 Saved Help Saves. Exit Submlt Check my work Consider the following data for two products of Vigano Manufacturing. Activity Euggzted Activity Driver \"'11 Machine setup S 28,000 (20 machine setups) PO'"t5 Parts handling 22,400 (16,000 parts) Quality inspections & (100 inspections) Total budgeted overhead $ 34,000 El Unit Information Product A Product B 950\" Units produced 2,300 units 560 units Direct materials cost $ 36 per unit 5 43 per unit Direct labor cost $ 58 per unit S 68 per unit @ Direct labor hours 2 per unit 2.50 per unit Him 1. Using a plantwide overhead rate based on 7,000 direct labor hours, compute the total product cost per unit for each product. G 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, ([7) allocate overhead cost to Product A and Product B and compute overhead cost per unit for Prim each. and (c) compute product cost per unit for each Actual Activity Usage Product A Product B Setups s setups 12 setups Re'e'enceS Parts 10,000 parts 5,000 parts Inspections 40 inspections 60 inspections complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 7,000 direct labor hours, compute the total product cost per unit for each product. Required 2 > % ( Prev 5 of 9 Connect App https://ezto.mheducation.com Question 5 - Ch 17 Homework - Connect Ch 17 Homework i Saved Help Save & Exit Submit Check my work 5 Consider the following data for two products of Vigano Manufacturing. Activity Budgeted Cost Activity Driver 1.11 Machine setup $ 28, 000 (20 machine setups) points Parts handling 22, 400 (16, 000 parts) Quality inspections 33, 600 (100 inspections) Total budgeted overhead $ 84, 000 Book Information Product A Product B Units produced Direct materials 2, 800 units 560 units Direct labor cost $ 38 per unit $ 48 per un Direct labor hour nit 2.50 per unit Hint . Using a plantwide overhead rate based on 7,000 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, Print (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. Actual Activity Usage Product A Product B References Setups Parts 10,000 part? 12 setup 6,000 parts Inspections 40 inspections 60 inspections Complete this question by entering your answers in the tabs below. 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.) a. Compute overhead activity rates Activity Activity Rate Machine setup per setup Parts handling per part Quality inspection per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Allocated Cost Activity Product A Product B Machine setup Parts handling Quality inspection Total allocated cost 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 Grav