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Coronado Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher.

Coronado 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 a low-volume (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 completion. Therefore, total annual direct labor hours are 96,300 or [1.5 hours (54,000 + 10,200)]. Estimated annual manufacturing overhead is $1,566,090. Thus, the predetermined overhead rate is $16.26 or ($1,566,090 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 companys managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows.

Use of Drivers by Product

Activity Cost Pools

Cost Drivers

Estimated Overhead

Estimated Use of Cost Drivers

Home

Commercial

Receiving

Pounds

$83,750

335,000

215,000

120,000

Forming

Machine hours

151,900

35,000

27,000

8,000

Assembling

Number of parts

401,450

217,000

165,000

52,000

Testing

Number of tests

48,960

25,500

15,500

10,000

Painting

Gallons

52,580

5,258

3,680

1,578

Packing and shipping

Pounds

827,450

335,000

215,000

120,000

$1,566,090

Under traditional product costing, compute the total unit cost of each product. (Round answers to 2 decimal places, e.g. 12.50.)

Home Model

Commercial Model

Total unit cost

$enter the total unit cost in dollars rounded to 2 decimal places

$enter the total unit cost in dollars rounded to 2 decimal places

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