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I can not solve number 5 and 6. Can you check if my answers are correct please? pter 5 - Graded Calculator Wellington Chocolate Company
I can not solve number 5 and 6. Can you check if my answers are correct please?
pter 5 - Graded Calculator Wellington Chocolate Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs: Setting up equipment $780.000 Other overheard $3,328,000 Setting up equipment is based on setup hours, and other overhead is based on oven hours. Wellington produces two products, Fudge and Cookies. Information on each product is as follows: Fudge Cookies Units produced 8,000 445,000 Setup hours 12,000 3,000 Oven hours 2,600 18,200 Required: Round your answers to the nearest whole dollar, unless otherwise directed. 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. S 52 per setup hour a. Setting up equipment b. Other overhead $ 160 per oven hour 2. How much total overhead is assigned to Fudge using ABC? $ 5,091,840 3. What is the unit overhead assigned to Fudge using ABC7 Round to the nearest cent. $636,480 per unit 14. Now, ignoring the ABC results, calculate the plantwide overhead rate, based on oven hours. Round to the nearest cent. ogress: 3/12 items All work saved Emain Save and Est gnment Score: 0.0% Type here to search Required: Round your answers to the nearest whole dollar, unless otherwise directed. 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. a. Setting up equipment $ 52 per setup hour b. Other overhead 160 per oven hour 2. How much total overhead is assigned to Fudge using ABC? $ 5,091,840 3. What is the unit overhead assigned to Fudge using ABC? Round to the nearest cent. 636,480 per unit 4. Now, ignoring the ABC results, calculate the plantwide overhead rate, based on oven hours. Round to the nearest cent. 197.5 per oven hour 5. How much total overhead is assigned to Fudge using the plantwide overhead rate? 6a. The difference in the total overhead assigned to Fudge is different under the ABC system and non-ABC system because different treatment of setup co 6b. What is the difference in total overhead assigned to fudge under the two methods? $572,520Step by Step Solution
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