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Exercise 17-11 (Algo) Computing product cost per unit using plantwide method and activity-based costing LO P1, P3 Consider the following data for two products of

Exercise 17-11 (Algo) Computing product cost per unit using plantwide method and activity-based costing LO P1, P3

Consider the following data for two products of Vigano Manufacturing. image text in transcribed

1. Using a plantwide overhead rate based on 6,250 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, (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.

image text in transcribedimage text in transcribed Complete this question by entering your answers in the tabs below. 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.) ActivityMachinesetupPartshandlingQualityinspectionsTotalbudgetedoverheadBudgetedCost$25,000(20machinesetups)20,000(16,000parts)30,000(100inspections)$75,000ActivityDriver UnitInformationUnitsproducedDirectmaterialscostDirectlaborcostDirectlaborhoursProductA2,500units$35perunit$55perunit2perunitProductB500units$45perunit$65perunit2.50perunit Complete this question by entering your answers in the tabs below. 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.) ActivityMachinesetupPartshandlingQualityinspectionsTotalbudgetedoverheadBudgetedCost$25,000(20machinesetups)20,000(16,000parts)30,000(100inspections)$75,000ActivityDriver UnitInformationUnitsproducedDirectmaterialscostDirectlaborcostDirectlaborhoursProductA2,500units$35perunit$55perunit2perunitProductB500units$45perunit$65perunit2.50perunit

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