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Each of the following questions are not related and should be answered independently ABC Company produces two types of parts, 1 and 2. Information pertaining

Each of the following questions are not related and should be answered independently

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ABC Company produces two types of parts, 1 and 2. Information pertaining to these two parts is as follows: Part 1 Part 2 Units completed 180.00 90.00 Direct labor hours 72.00 108.00 Grinding hours 36.00 54.00 Number of setups 10.80 10.80 Inspection hours 7.20 3.60 Number of orders received 28.80 43.20 Prime costs $ 261,000 $ 279,000 Additionally, the following overhead costs are reported for the activities associated with the two parts: Setting up $ 108,000 Inspecting 81,000 Grinding 162,000 Receiving 45,000 Required: Compute the total overhead assigned to each part using activity- based costing method appropriate for the information provided. Total overhead - Part 1 Total overhead - Part 2Each of the following questions are not related and should be answered independently. Required: At production volume of 10,000 units Fixed costs per unit $ 10.00 At production volume of 12,500 units Fixed costs per unit ? At production volume of 10,000 units Variable costs per unit $ 4.00 At production volume of 8,000 units Variable costs per unit ? At production volume 10,000 units Total costs of production 140,000 Variable costs per unit 4.00 At production volume 8,000 units Total costs of production ? At production volume 8,000 units Total costs of production 80,000 Total variable costs 48,000 At production volume 10,000 units Total costs of production

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