G. Assume that instead of the Expected Overhead Costs originally noted, Overhead Costs are allocated to...
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G. Assume that instead of the Expected Overhead Costs originally noted, Overhead Costs are allocated to units based on two different labor-based activity bases: Welding and Fabrication. Overhead costs applied via welding are allocated to all units based on total per hour labor costs, while those of fabrication are allocated to all units based on the number of units assembled for the day. Estimate the total overhead costs for each product again when applying overheads costs using the following allocation methods. Welding ($) Welding (Usage) Screws $0.20 per hour Bolts Tool Chests $4 per hour $60 per hour Aluminum Sheeting $30 per hour 60 hours 10 hours 100,000 hours 1,500 hours Fabrication ($) $30 for every 100 units $15 for every 10 units $6 for every 2 units $100 for every 10 units H. Based on your answers to Part G, which product has the largest change in total overhead costs (positive or negative)? What contributes most to the change? G. Assume that instead of the Expected Overhead Costs originally noted, Overhead Costs are allocated to units based on two different labor-based activity bases: Welding and Fabrication. Overhead costs applied via welding are allocated to all units based on total per hour labor costs, while those of fabrication are allocated to all units based on the number of units assembled for the day. Estimate the total overhead costs for each product again when applying overheads costs using the following allocation methods. Welding ($) Welding (Usage) Screws $0.20 per hour Bolts Tool Chests $4 per hour $60 per hour Aluminum Sheeting $30 per hour 60 hours 10 hours 100,000 hours 1,500 hours Fabrication ($) $30 for every 100 units $15 for every 10 units $6 for every 2 units $100 for every 10 units H. Based on your answers to Part G, which product has the largest change in total overhead costs (positive or negative)? What contributes most to the change?
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