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Fogerty Company makes two products - titanium Hubs and Sprockets. Data regarding the two products follow: table [ [ , Direct Labor - Hours,
Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow:
tableDirect LaborHours,per Unit,Annual ProductionHubs unitsSprockets units
Additional information about the company follows:
a Hubs require $ in direct materials per unit, and Sprockets require $
b The direct labor wage rate is $ per hour.
c Hubs require special equipment and are more complex to manufacture than Sprockets.
d The ABC system has the following activity cost pools:
tableEstimated Overhead,,Activity,Activity Cost Pool Activity MeasureCost,Hubs,Sprockets,TotalMachine setups number of setups$Special processing machinehours$General factory organizationsustaining$NANANA
Required:
Compute the activity rate for each activity cost pool.
Determine the unit product cost of each product according to the ABC system.
Complete this question by entering your answers in the tabs below.
Compute the activity rate for each
Required:
Compute the activity rate for each activity cost pool.
Determine the unit product cost of each product according to the ABC sys
Complete this question by entering your answers in the tabs below.
Required
Required
Compute the activity rate for each activity cost pool.
tableActivity Cost Pool,Activity RateMachine setups,,per setupSpecial processing,,per MH
Required
Activity Cost Pool Activity Measure
Machine setups number of setups
Special processing machinehours
General factory organizationsustaining
Required:
Compute the activity rate for each activity cost pool.
Determine the unit product cost of each product according
Complete this question by entering your answers in the
Required
Required
Determine the unit product cost of each product according to th Note: Do not round intermediate calculations. Round your answ
tableHubs,SprocketsDirect materials,,Direct labor,,OverheadUnit costactivity cost pool.
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