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GrandpaJack produces different styles of potato chips(ruffled, flat,thick-cut, andgourmet) for different corporate customers. Each style of potato chip requires different preparationtimes, different cooking and draining

GrandpaJack produces different styles of potato chips(ruffled, flat,thick-cut, andgourmet) for different corporate customers. Each style of potato chip requires different preparationtimes, different cooking and draining times(depending on desired fatcontent), and different packaging(single serving versusbulk). Therefore, GrandpaJack has decided to use ABC costing to better capture the manufacturing overhead costs incurred by each style of the chip. GrandpaJack just received an order to produce 14,000 single-serving bags ofgourmet, fancy-cut,low-fat potato chips. The order will require 14 preparation hours and 40 cooking and draining hours. The cost allocation rate for each activity is provided in the accompanying table.

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Ct Grandpa Jack produces different styles of potato chips (ruffled. fiat, thick-cut, and gourmet) for different corporate customers. Each style of potato chip requires different preparation times, different cooking and draining times (depending on desired fat content), and different packaging (single sewing versus bulk). Therefore, Grandpa Jack has decided to use ABC costing to better capture the manufacturing overhead costs incurred by each style of chip. Grandpa Jackjust received an order to produce 14,000 single-serving bags of gourmet, fancy-cut. low-fat potato chips. The order will require 14 preparation hours and 40 cooking and draining hours. The cost allocation rate for each activity is provided in the accompanying table. a (Click the icon to View the relevant activity rates.) Requirements 1. What is the total amount of MOH that should be allocated to this order? 2. How much MOH should be assigned to each bag? 3. What other costs will Grandpa Jack need to consider to determine the total manufacturing costs of this order? 0 Activity Hates - X Requirement 1. What is the total amount of MOH that should be allocated to this order? Determine the basic formula needed to allocate overhead to this order, then compute the overhead allocated to each activity. (Round all intermediary calculat A ll lty Ir.) 0 v Allocated manufacturing Activity 003! Allocation Rate Base Unit: x = overhead Preparation $ 38.00 per hour of preparation Preparation X = Cooking and draining 3 22.00 per hourof cook and drain Cooking/draining x = Packaging 5 0.09 per unit packaged Packaging x = The total amount of manufacturing overhead assigned to this order is S . Print Requlrement 1' How much MOH should be assigned m each bag? Determine the formula needed to calculate manufacturing overhead to be assigned to each bag. and then compute the manufacturing overhead per bag. (Round your answer to the nearest cent.) Manufacturing I = overhead per unit / = Requirement 3. What other costs will Grandpa Jack need to consider to determine the total manufacturing costs of this order? In addition to the costs above. Grandpa Jack needs to consider V

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