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I need help figuring out part two Week 1 CNOW Assignment Calculator Comparing Two Products under Traditional and Activity-Based Costing Compare two projects under development

image text in transcribedimage text in transcribedI need help figuring out part two

Week 1 CNOW Assignment Calculator Comparing Two Products under Traditional and Activity-Based Costing Compare two projects under development by the same company. The following are a few aspects of each product's development process relevant to costs. Products Requires 3,200 hours of testing Product T Requires 800 hours of testing Requires 2,100 units of computing power Requires 4,900 units of computing power Requires 25 developer hours to implement Requires 75 developer hours to implement Cost Items Testing: Computing power: Developer hourly cost: Cost of Each Activity $28,000 $42,000 $11 per hour Traditional Costing Traditional costing would take the proportion of a direct cost, such as direct labor hours, and use it as the basis for allocating overhead costs, such as computing power and testing. In the following table, use developer hours as the basis for assigning overhead costs (computing and developer costs) to each project. If required, round your answers to the nearest dollar. Products Percentage of developer hours 25% Testing cost $ 7,000 Computing cost $ 10,500 Product T Percentage of developer hours 75% Testing cost $ 21,000 Computing cost $31,500 Developer cost $ 325 Total cost $ 53,325 Developer cost 275 $ $ Total cost 17,775 Week 1 CNOW Assignment Calculator Activity-Based Costing Using the data above for products S and T, calculate the costs using activity-based costing. Allocate the costs of testing, computing, and development based on the rates of activity consumed by each product's development process. If required in your computations, round per unit costs to the nearest cent. Round your final answers to the nearest dollar. Cost Activity Base Testing Hours of testing Computing cost Developer cost Units of computing power Development hours Products Product T Testing cost Testing cost Computing cost $ Computing cost Developer cost Developer cost Total cost Total cost Feedback Check My Work The budgeted activity costs are assigned to products using factory overhead rates for each activity. These rates are called activity rates because they are related to activities Activity rates are determined as follows: Activity RateBudgeted Activity Cost/Total Activity Base Usage The costs are allocated to the product by multiplying the activity-base usage by the computed activity rate

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