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EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use In commerclal and home applications. The product Is also used by hunters, home woodworking hobbyists, and
EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use In commerclal and home applications. The product Is also used by hunters, home woodworking hobbyists, and In other applications. The firm has two main product lines-the highestquality product is called Safe-T, and a low-cost, value version Is called Safe-V. Information on the factory conversion costs for EEl is as follows: EEI uses ABC to determine the unit costs of Its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each actlivity consumes, as shown below. EEI has four activities: Job setup, assembly, Inspecting and finishing, and packaging. The actlvity cost drivers for the two products are summarized below. Required: 1. Determine the amount of the cost pool for each of the four actlvitles. 2. Determine the actlvity-driver rates for assigning factory costs to the two products. 3. Determine the actlvity-based unit cost for each of the products. Complete this question by entering your answers in the tabs below. Determine the amount of the cost pool for each of the four activities. EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use in commercial and home applicatlons. The product is also used by hunters, home woodworking hobbylsts, and In other applications. The firm has two main product lines-the highestquality product is called Safe-T, and a low-cost, value version is called Safe-V. Information on the factory conversion costs for EEl is as follows: EEl uses ABC to determine the unit costs of Its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each actlivity consumes, as shown below. EEI has four activitles: job setup, assembly, Inspecting and finishing, and packaging. The actlvity cost drivers for the two products are summarized below. Required: 1. Determine the amount of the cost pool for each of the four actlvitles. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the actlvity-based unit cost for each of the products. Complete this question by entering your answers in the tabs below. Determine the activity-driver rates for assigning factory costs to the two products. (Round your answers to 2 decimal places.) EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use in commercial and home applications. The product is also used by hunters, home woodworking hobbylsts, and In other applications. The firm has two main product IInes-the highestquality product is called Safe-T, and a low-cost, value version Is called Safe-V. Information on the factory conversion costs for EEI Is as follows: EEl uses ABC to determine the unit costs of its products. The firm uses resource consumption cost drlvers based on rough estimates of the amount that each activity consumes, as shown below. EEI has four activities: job setup, assembly, Inspecting and finishing, and packaging. The actlvity cost drivers for the two products are summarlzed below. Required: 1. Determine the amount of the cost pool for each of the four activities. 2. Determine the actlvity-driver rates for assigning factory costs to the two products. 3. Determine the actlvity-based unit cost for each of the products. Complete this question by entering your answers in the tabs below. Determine the activity-based unit cost for each of the products. (Round your intermediate calculations and final answers to 2 decimal places.)
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