Hercules Hair Restorer Inc. (HHRI) makes many varieties of hair restoration products which are sold under well-known marketing labels. A single batch contains 10,000 8-oz. bottles and takes two days to make. Typically 15 batches are completed per month, for different brands. Basic cost data for the month of January appears below. Batch Bottle 2. Cost per 3 4 1 Hair by Zeus Oil, fl. oz. Lotion, fl. oz. Zeus potion, fl. oz. Alcemena scent Bottle, cap, label Direct labor, hour Machine hours A A A A January's other expenses Supervision Indirect materials Equipment deprec & repairs Plant manager's salary Utilities $ 24 1/4 1/16 1 $ 8,000 $ 2,200 $14,520 $ 6,500 $ 1,800 $33,020 $ 48 $0.4 50 $ 14 8 Hercules Hair Restorer Inc. (HHRI) appoints a new CEO, who decides to increase production targets to 200 batches per year. She also hires a management accountant who decides to apply fixed overhead based on normal capacity and does some research into cost behavior. Basic product data still applies. New information appears below. % fixed 100 60 Estimated overhead for year Supervision Indirect materials Equipment depreciation Equipment repairs Plant manager's salary Utilities 100 $ 96,000 $ 30,800 $126,240 $ 48,000 $ 84,500 $ 27,000 30 100 20 Prov 5 of 15 Next information appears below. % fixed 100 60 Estimated overhead for year Supervision Indirect materials Equipment depreciation Equipment repairs Plant manager's salary Utilities 100 $ 96,000 $ 30,800 $126,240 $ 48,000 $ 84,500 $ 27,000 $412,540 30 100 20 The new CEO has decided that 25% of the production target of 200 batches per year will be a new product, whose information appears below. Hair by Jove (new product) Qty per Qty per Bottle Batch Oil, fl. oz. 1% Lotion, fl. oz. 3 Jove potion, fl. oz. 1/8 Hera scent 1/8 Bottle, cap, label 1 Direct labor, hour 60 Machine hours 6 Unit Cost $ 3.00 $ 0.90 $24.00 $60.00 $ 0.40 $14.00 II ini..mnafmm...ba - -..--- och monte sind nonchand in all-antan an tha honin as dienant intohn..na and.neinhl- unohard Prey 5 of 15 BI Neyt If HHRI uses for overhead allocation a dual rate system, whereby fixed overhead is allocated on the basis of direct labor hours and variable overhead is allocated on the basis of machine hours, which is true? (Do not round your intermediate calculations.) Multiple Choice The introduction of the Jove product will not affect the costing of the Tous product The introduction of the love product with the porte The introduction of the Jove product cause there or total Full cost for the Zeus product wa change by less than a per Hercules Hair Restorer Inc. (HHRI) makes many varieties of hair restoration products which are sold under well-known marketing labels. A single batch contains 10,000 8-oz. bottles and takes two days to make. Typically 15 batches are completed per month, for different brands. Basic cost data for the month of January appears below. Batch Bottle 2. Cost per 3 4 1 Hair by Zeus Oil, fl. oz. Lotion, fl. oz. Zeus potion, fl. oz. Alcemena scent Bottle, cap, label Direct labor, hour Machine hours A A A A January's other expenses Supervision Indirect materials Equipment deprec & repairs Plant manager's salary Utilities $ 24 1/4 1/16 1 $ 8,000 $ 2,200 $14,520 $ 6,500 $ 1,800 $33,020 $ 48 $0.4 50 $ 14 8 Hercules Hair Restorer Inc. (HHRI) appoints a new CEO, who decides to increase production targets to 200 batches per year. She also hires a management accountant who decides to apply fixed overhead based on normal capacity and does some research into cost behavior. Basic product data still applies. New information appears below. % fixed 100 60 Estimated overhead for year Supervision Indirect materials Equipment depreciation Equipment repairs Plant manager's salary Utilities 100 $ 96,000 $ 30,800 $126,240 $ 48,000 $ 84,500 $ 27,000 30 100 20 Prov 5 of 15 Next information appears below. % fixed 100 60 Estimated overhead for year Supervision Indirect materials Equipment depreciation Equipment repairs Plant manager's salary Utilities 100 $ 96,000 $ 30,800 $126,240 $ 48,000 $ 84,500 $ 27,000 $412,540 30 100 20 The new CEO has decided that 25% of the production target of 200 batches per year will be a new product, whose information appears below. Hair by Jove (new product) Qty per Qty per Bottle Batch Oil, fl. oz. 1% Lotion, fl. oz. 3 Jove potion, fl. oz. 1/8 Hera scent 1/8 Bottle, cap, label 1 Direct labor, hour 60 Machine hours 6 Unit Cost $ 3.00 $ 0.90 $24.00 $60.00 $ 0.40 $14.00 II ini..mnafmm...ba - -..--- och monte sind nonchand in all-antan an tha honin as dienant intohn..na and.neinhl- unohard Prey 5 of 15 BI Neyt If HHRI uses for overhead allocation a dual rate system, whereby fixed overhead is allocated on the basis of direct labor hours and variable overhead is allocated on the basis of machine hours, which is true? (Do not round your intermediate calculations.) Multiple Choice The introduction of the Jove product will not affect the costing of the Tous product The introduction of the love product with the porte The introduction of the Jove product cause there or total Full cost for the Zeus product wa change by less than a per