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I need to figure out how to calculate manufacturing overhead with the traditional cost system. Also, can you check my previous data from row 24
I need to figure out how to calculate manufacturing overhead with the traditional cost system. Also, can you check my previous data from row 24 to row 60? thank you.
361 ? G H D 1 Chapter 7: Applying Excel 2 3 Data 4 Manufacturing overhead $500,000 5 Selling and administrative overhead $300,000 6 Assembling Processing Supporting 7 Unita Orders Customers Other 8 Manufacturing overhead 50% 35% 5% 10% 9 Selling and administrative overhead 10% 45% 25% 20% 10 Total activity 1,000 250 100 11 units orders customers 12 13 OfficeMart orders: 14 Customers 1 customer 15 Orders 4 orders 16 Number of filing cabinets ordered in total 80 units 17 Selling price 5595 18 Direct materials $180 19 Direct labor $50 20 21 Enter a formule into each of the cells marked with a ? below 22. Review Problem: Activity Based Costing 23 24 Perform the first stage allocations Assembling Processing Supporting 25 Units Orders Customers Other Total 26 Manufacturing overhead $ 250,000 $ 175,000 S 25,000 5 50,000 $500,000 27 Selling and administrative overhead 30.000 135.000 75,000 60 000 300.000 28 Total cost $ 280,000 $310.000 5100,000 $110.000$ 800.000 29 10 Compute the activity rates 31 Activity Cost Pools Total Cost Total Activity Activity Roto 32. Assembling units $ 280,000 1,000 units 5280 per unit 33 Processing orders 5 310,000 250 onders $1.240 per order 34 Supporting customers $ 100,000 100 customers $1.000 per customer 35 35 Computer the overhead cost attributable to the OfficeMart orders 37 Activity Coat Pools Actiwly Rate Activity ABC Coat 30 Assembling units $280 per unit 80 units $22.400 39 Processing roots $1240 per order 4 orders $4.969 40 Supporting customers $1.000 per customer 1 customer $1.000 12 Determine the 41 24 Perform the first stage allocations 25 26 Manufacturing overhead 27 Seling and administrative owerhead 20 Total cost Assembling Processing Supporting Units Ordera Customers Other Total $ 250,000 $175,000 $25,000 550.000 500.000 30 000 135 000 75 000 50 000 300,000 5 200 000 310000 100.000 5 110 000 $ 300.000 Total Activity 41 30 Compute the activity rates Activity Coat Pools Total Coat Activity Rate 32 Assembling units $ 200,000 1,000 units 1280 per unit 2.3. Processing orders $310.000 250 orders 51,240 per order 34 Supporting customers $ 100.000 100 customers $1,000 per customer 35 36 Compute the overhead cost attributable to the OfficeMart orders 37 Activity Coat Pools Activity Rate Activity ABC Cost 38 Assembling units 5280 per unit 80 units $22.400 39 Processing orders $1,240 per order 4 orders $4.950 40 Supporting customers $1.000 por customer 1 customer $1,000 42 Determine the customer margin for the OfficeMart orders under Activity-Based Costing 43 Sales $ 47,600 44 Costs Direct materiais $ 14,400 46 Direct labor 4.000 Unit-related overhead $22.400 $4.960 49 Customer related overhead 50 Customer margin 840 51 52 Determine the product margin for the OfficeMart orders under a traditional cost system 53 Manufacturing overhead $ 500.000 54 Total activity 1,000 units 55 Manufacturing overhead per unit $500 per un 56 $ 47.600 57 Sales 58 Costs 59 Direct materials 14.400 60 Direct labor 4000 61 Manufacturing overhead 62 Traditional costing product margin 45 47 48 Order-related overhead $1.000 46.760 $ 5 63 64 Chapter 7 Form Step by Step Solution
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