Current Attempt in Progress Bramble Company had the following department information about physical units and percentage of completion: Physical Units Work in process, May 1(60%) 59600 Completed and transferred out 179500 Work in process, May 31 (40%) 50300 If all materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May? 239100 223460 199620 229800 Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Revenues $368,550 Residential $562,000 $50,000 $30,000 Direct materials costs Direct labor costs 130,000 270,000 Overhead costs 143,550 303,550 262,000 582,000 Operating income (loss) $65,000 $(20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residentia client base resides in close proximity to the company office, so travel costs are not as expensive on a per client visit for residentia customers. As a result, she has decided to take a closer look at the overhead costs assigned to the two product lines to determine whether a more accurate product costing model can be developed. Here are the three activity cost pools and related information she developed Question 19 of 25 customers. As a result, she has decided to take a closer look at the overhead costs assigned to the two product lines to dete whether a more accurate product costing model can be developed. Here are the three activity cost pools and related inform she developed: Activity Cost Pools Scheduling and travel Setup time Estimated Overhead Cost Drivers $143,550 Hours of travel 102,000 Number of setups 160,000 Direct labor cost Supervision Estimated Use of Cost Drivers per Product Commercial Residential Scheduling and travel 800 650 Setup time 350 250 Compute the activity-based overhead rates for each of the three cost pools. (Round overhead rate for supervision to 2 decimal places, es. 0.38.) Overhead Rates Scheduling and travel per hour Setup time per setup Supervision $ per dollar e Textbook and Media Determine the overhead cost assigned to each product line. Commercial Residential Scheduling and travel $ $ Setup time $ $ Supervision $ $ Total cost assigned $ Compute the operating income for each product line, using the activity-based overhead rates. Operating income (loss) Commercial $ Residential $ e Textbook and Media