Hello, could an expert please help me with chapter 19 accounting question/ requirements 1 & 2
Data table 2018 Easler pinduces two wheel fim modes stancard and deliame. Budgatod data for 2018 are as folions fola the can to ver sdstonw infornator, budgeted intormation and the dotuse und coni cajouilatin.) Controler Maw Eurrs is surprised by the incroase in cost of the deluxe model under ABC. He had a market research study conducted. (1) icick the loon to view the rosults of the markel rubearch.? Woula implementing the value engineoring recommendation errable Easterto achieve is target cost for the detuxe rim? Easter produd In 2019. Easter's managers used the same indirect manufacturing costs per wheel rim that they computed in 2018 using activity-based costing. In addition to the unit indirect manufacturing costs, the following data are expected for the company's standard and deluxe models for 2019. \begin{tabular}{lrrr} \hline & \multicolumn{2}{c}{ Standard } & \multicolumn{1}{c}{ Deluxe } \\ \hline Sales price & $ & 930.00 & $1,060.00 \\ Direct materials & 32.00 & 48.00 \\ Direct labor & 48.00 & 55.00 \\ \hline \end{tabular} jcted. market research.) ecommendation enab More info Market research shows that for the deluxe rim to provide a reasonable profit, Easter will have to meet a target manufacturing cost of 467.00 per rim. A value engineering study by Easter's employees suggests that modifications to the finishing process could cut finishing cost from $30.00 to $20.00 per hour and reduce the finishing direct labor hours per deluxe rim from 6.5 hours to 6.0 hours. Direct materials would remain unchanged at $48.00 per rim, as would direct labor at $55.00 per rim. The materials handling, machine setup, and insertion of parts activity costs also would remain the same. Easler Compary manufactures wheei rims The contraller budgeted ABC abocation rwes for are as fotows: (Cick the icon to view she 2018 allocation rates and budjeted data) iClick the icon to view adstional information, budgeted intermation and the delure uni cost calteulaton 1 Controler Mowe leums is turprised by the incroase in cost at the detuxu model under ABC. He nad a market research study conducted Clot the icon to view the result of the manket research.) Would implomening the vilue engineering reoommendation enabie Eastarts achigve its target cost for the deluxe im? Begin by solecting the formula to alocate overhead (OH) costs. Then enter the amounts to calcuate the revised finshing activly cost per rims. - Alocated info overhead costs. =