I need help with these questions please!!!!!! Can you please help with these 5 questions

1. TwoStage ABC for Manufacturing Meridian Company has determined its activity cost pools and cost drivers to be the following: Cost pools Setup $63,000 Material handling 25,600 Machine operation 220,000 Packing 90,000 Total indirect manufacturing costs $398,600 Cost drivers Setups Material moves Machine hours Packing orders 350 640 20,000 1,200 One product made by Meridian, metal casements, used the following activities during the period to produce 500 units: Setups Material moves Machine hours Packing orders 20 80 1,900 150 (a) Calculate the cost per unit of activity for each activity cost pool. $Answer Setup Material move Material operation Packing $Answer $Answer $Answer (b) Calculate the manufacturing overhead cost per metal casement manufactured during the period. Round your answer to the nearest cent. $Answer 2. Calculating ActivityBased Costing Overhead Rates Assume that manufacturing overhead for Goldratt Company consisted of the following activities and costs: Setup (1,000 setup hours) Production scheduling (400 batches) Production engineering (60 change orders) Supervision (2,000 direct labor hours) Machine maintenance (12,000 machine hours) Total activity costs $168,000 50,000 150,000 64,000 108,000 $540,000 The following additional data were provided for Job 845: Direct materials costs Direct labor cost (5 Milling direct labor hours; 35 Finishing direct labor hours) Setup hours Production scheduling Machine hours used (25 Milling machine hours; 5 Finishing machine hours) Production engineering $7,000 $1,000 5 hours 1 batch 30 hours 3 change orders (a) Calculate the cost per unit of activity driver for each activity cost category. Setup $Answer Production scheduling $Answer Production engineering $Answer Supervision $Answer Machine maintenance $Answer (b) Calculate the cost of Job 845 using ABC to assign the overhead costs. $Answer (c) Calculate the cost of Job 845 using the plantwide overhead rate based on machine hours. (Round your answer to the nearest dollar.) $Answer (d) To adequately evaluate the price and profitability of Job 845, all of the following additional costs should be considered, except: The cost of operating the corporate jet. All of the above should be considered. Cost of providing service to the customer after the sale and delivery of the job. The impact of nonmanufacturing costs. Shipping and distribution costs. 3. Customer Profitability Analysis Gonalong, Inc. has 10 customers that account for all of its $4,520,000 of net income. Its activitybased costing system is able to assign all costs, except for $650,000 of general administrative costs, to key activities incurred in connection with serving its customers. A customer profitability analysis based on activity costing produced the following customer profits and losses: Customer #1 #2 #3 #4 #5 #6 #7 #8 $366,000 614,000 (247,000) 999,000 1,060,000 882,000 598,000 292,000 Customer Total #1 #9 #10 $366,000 (105,000) 711,000 $5,170,000 (a) Using the customer profitability analysis provided in the exercise to calculate the following profits. (i) Calculate the total profits from the 3 most profitable customers Answer (ii) Calculate the total profits for the 5 most profitable customers Answer (iii) Calculate the total profits for the 8 most profitable customers Answer (iv) Calculate the total profits for the 9 most profitable customers Answer (b) Dropping customers 3 and 9 would not necessarily result in an increase in profits of $352,000. Answer True or False (c) Customer profitability analysis helps management to determine whether some customers are unprofitable, and whether the customers that produce the most sales revenue are producing the most profits. Answer True or False 4. Stage 2 ABC for Manufacturing: Reassigning Costs to Cost Objectives Regal Products has developed the following activity cost information for its manufacturing activities: Activity Machine setup Movement Drilling Activity cost $40.00 per batch 15.00 per batch move 0.10 per pound 3.00 per hole Activity Welding Shaping Assembly Inspection Activity cost 4.00 per inch 25.00 per hour 15.00 per hour 2.00 per unit Filling an order for a batch of 50 fireplace inserts (each insert weighing 150 pounds) required the following: Three batch moves Two sets of inspections Drilling five holes in each unit Completing 50 inches of welds on each unit Thirty minutes of shaping for each unit One hour of assembly per unit Determine the activity cost of converting the raw materials into 50 fireplace inserts. $Answer 5. Customer Profitability Analysis Roland, Inc. provides residential painting services for three home building companies, Alpha, Beta, and Gamma, and it uses a job costing system for determining the costs for completing each job. The job cost system does not capture any cost incurred by Roland for return touchups and refinishes after the homeowner occupies the home. Roland paints each house on a square footage contract price, which includes painting as well as all refinishes and touchups required after the homes are occupied. Each year, Roland generates about onethird of its total revenues and gross profits from each of the three builders. Roland has observed that the builders, however, require substantially different levels of support following the completion of jobs. The following data have been gathered: Support Activity Driver Major refinishes Hours on job Touchups Number of visits Communication Number of calls Costs per Driver Unit $60 $130 $40 Builder Alpha Beta Gamma Major Refinishes Touchups Communication 80 150 360 35 110 205 42 115 190 (a) Assuming that each of the three customers produces gross profits of $100,000, calculate the profitability from each builder after taking into account the support activity required for each builder. Alpha $Answer Beta $Answer Gamma $Answer (b) Which of the following is not a reasonable action for Roland to consider as a result of his analysis? None of the above. Inform Alpha that if it does not come into line with other customers, it will be discontinued as a customer. Seek to make improve the efficiency of its activities and lower the cost of each activity performed in support of Alpha. If Alpha cannot be brought in line, Roland may consider replacing Alpha, possibly by seeking another builder as a third customer. Sharing some of these data with the Alpha Company to demonstrate to them that they are not in line with the other builder/customers in terms of the level of support required