How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to 0 decimal places, e.g. 45,286.)

		AM-2	FM-9
Overhead allocated to each product		$enter a dollar amount rounded to 0 decimal places	$enter a dollar amount rounded to 0 decimal places

(ii)	What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.)

		AM-2	FM-9
Overhead cost per unit		$enter a dollar amount rounded to 2 decimal places	$enter a dollar amount rounded to 2 decimal places

eTextbook and Media

Attempts: 1 of 3 used

(b)

Assume that Sheridan has identified three activity cost pools.

Pool		Cost		Cost Driver
Assembly		$687,500		Direct labor hours
Setup		37,500		Number of setups (1 per batch)
Packaging		306,250		Weight

(i)	Given these activity pools and cost drivers, how much overhead should be allocated to each product? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to 0 decimal places, e.g. 45,286.)

		AM-2		FM-9
Total allocated overhead		$enter a dollar amount rounded to 0 decimal places		$enter a dollar amount rounded to 0 decimal places

(ii)	What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.)

		AM-2		FM-9
Overhead cost per unit		$enter a dollar amount rounded to 2 decimal places		$enter a dollar amount rounded to 2 decimal places