Question
Exercise 17-9 Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 52 range instruments and 303 pressure gauges were
Exercise 17-9 Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 52 range instruments and 303 pressure gauges were produced, and overhead costs of $86,170 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling Number of requisitions $40,000 2. Machine setups Number of setups 26,010 3. Quality inspections Number of inspections 20,160 $86,170 The cost driver volume for each product was as follows. Cost Drivers Instruments Gauges Total Number of requisitions 405 595 1,000 Number of setups 195 315 510 Number of inspections 255 225 480 Correct answer. Your answer is correct. Determine the overhead rate for each activity. Overhead Rate Materials handling $Entry field with correct answer Machine setups $Entry field with correct answer Quality inspections $Entry field with correct answer SHOW SOLUTION SHOW ANSWER LINK TO TEXT Incorrect answer. Your answer is incorrect. Try again. Assign the manufacturing overhead costs for April to the two products using activity-based costing. (Round per unit answers to 2 decimal places, e.g. 12.25.) Instruments Gauges Total cost assigned $Entry field with incorrect answer $Entry field with incorrect answer Overhead cost per Unit $Entry field with incorrect answer $Entry field with incorrect answer Click if you would like to Show Work for this question: Open Show Work
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