fill our each requirement please
Siegel Company manufactures a product that is available in both a deluxe model and a regular model. The company has manufactured the regular model for years. The deluxe model was introduced several years ago to top a new segment of the market. Since Introduction of the deluxe model, the company's profits have steadily declined and management has become increasingly concemed about the accuracy of its costing system. Sales of the deluxe model have been increasing rapidly. Manufacturing overhead is assigned to products on the basis of direct labor-hours. For the current year, the company has estimated that it will incur $4.972,575 in manufacturing overhead cost and produce 12,000 units of the deluxe model and 123,000 units of the regular model. The deluxe model requires 10 hours of direct labor time per unit, and the regular model requires 0.5 hour Material and labor costs per unit are as follows: Model Deluxe Regular $ 140 $105 10 55 Direct materiale Direct labor Required: 1-a. Using direct labor. hours as the base for assigning manufacturing overhead cost to products, compute the predetermined overhead rote 1-6. Using the predetermined overhead rate computed in 1-a above and other data from the problem, determine the unit product cost of each model 2. Management is considering using activity-based absorption costing to apply manufacturing overhead cost to products. The activity based system would have the following four activity cost pools: Activity Cost Pool Puroning Proin Serap/rework Shipping Activity Messure Purchase order towed Machine.hu Berap/rework onders issued mumber of whipment timated Overhead coat $ 233,100 3,110.000 546,975 1012,500 54.222.23 Activity Mauro Purchase orders issued Machine-hours Serap/rowork orders issued Number of shipments Expected Activity Deluxo Regular Total 370 740 1.110 21,200 31,800 53,000 425 340 765 5,400 8,100 13,500 Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2) do the following: a Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead), Complete this question by entering your answers in the tabs below. G Reg38 Reg 2 Red IA Reg 18 Using direct labor-hours as the base for assigning manufacturing overhead cost to products, compute the predetermined overhead rate. (Round your answer to 2 decimal places) based absor ystem. Anter these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model. b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Req 3A Req 38 Using the predetermined overhead rate computed in 1-a above and other data from the problem, determine the unit product cost of each model. (Round your intermediate calculations and final answers to 2 decimal places.) Model Regular Deluxe Unit product cost 31 of 37 !!! Next > Mc Complete this question by entering your answers in the tabs below. door, and manufacturing overhead Req 1A Reg 13 Reg 2 Reg 3A Reg 38 Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead) (Round your intermediate calculations and final answers to 2 decimal places.) Model Deluxe Regular Direct materials Direct labor Manufacturing overhead Total unit product cost Activity Mauro Purchase orders issued Machine-hours Serap/rowork orders issued Number of shipments Expected Activity Deluxo Regular Total 370 740 1.110 21,200 31,800 53,000 425 340 765 5,400 8,100 13,500 Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2) do the following: a Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead), Complete this question by entering your answers in the tabs below. G Reg38 Reg 2 Red IA Reg 18 Using direct labor-hours as the base for assigning manufacturing overhead cost to products, compute the predetermined overhead rate. (Round your answer to 2 decimal places) based absor ystem. Anter these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model. b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Req 3A Req 38 Using the predetermined overhead rate computed in 1-a above and other data from the problem, determine the unit product cost of each model. (Round your intermediate calculations and final answers to 2 decimal places.) Model Regular Deluxe Unit product cost 31 of 37 !!! Next > Mc Complete this question by entering your answers in the tabs below. door, and manufacturing overhead Req 1A Reg 13 Reg 2 Reg 3A Reg 38 Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead) (Round your intermediate calculations and final answers to 2 decimal places.) Model Deluxe Regular Direct materials Direct labor Manufacturing overhead Total unit product cost
