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Given the table below answer the questions. Product A Product B Product C Total Overhead Number of setups 2 5 3 $ 9,000 Weight of
Given the table below answer the questions.
Product A Product B Product C Total Overhead Number of setups 2 5 3 $ 9,000 Weight of direct materials (pounds) 400 250 350 110,000 Waste and hazardous disposals 25 45 30 250,000 Quality inspections 30 35 Utilities (machine hours) 2,000 7,000 35 1,000 75,000 66,000 Total $ 510,000 Required: 1. Determine the manufacturing cost per unit for each of the products using the volume-based method. 2. What are the least profitable and the most profitable products under both the current and the ABC systems? 3. What is the new target price for each product based on 150% of the new costs under the ABC system? Compare this price with the actual selling price. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the manufacturing cost per unit for each of the products using the volume-based method. (Round your answers to 2 decimal places.) Materials Product A Product B Product C
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