Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

im a little confused by this The following data are for the two products produced by Tadros Company. Product A Product B $20 per unit

im a little confused by this image text in transcribed
image text in transcribed
image text in transcribed
The following data are for the two products produced by Tadros Company. Product A Product B $20 per unit $35 per unit Direct materials Direct labor hours Machine hours 0.6 DLH per unit 1.4 DLH per unit 0.22 MH per unit 100 batches 0.5 MH per unit 200 batches 5,000 units Batches Volume Engineering modifications Market price 15,000 units 20 modifications $40 per unit 60 modifications $100 per unit The company's direct labor rate is $25 per direct labor hour (DLH). Additional information follows. Indirect Manufacturing Activities Costs Driver Engineering support $36,000 Engineering modifications Electricity 29.000 Machine hours Setup costs 63,000 Batches Requirement 1: Calculate the plant-wide overhead rate based on direct labor hours. Round all your calculations to 2 decimal places. Plant-wide Overhead Rate per DL hour Requirement 2: Calculate the total manufacturing costs per unit by product after applying the plant-wide overhead rate calculated above. Round all your calculations to 2 decimal places. Total Manufacturing Costs Per Product A Product B Unit Direct materials cost per unit Direct labor cost per unit Overhead per unit (using plant- wide rate) Total manufacturing costs per unit Calculate the activity based costing (ABC) overhead rate for each indirect manufacturing activity. Round all your calculations to 2 decimal places. Activity Name ABC OH Rate Engineering support per modification Electricity $ per machine hour Setup costs $ per batch Requirement 4: Calculate the total manufacturing costs per unit by product after applying the ABC overhead rates calculated above. Round all your calculations to 2 decimal places. Total Manufacturing Costs Product A Product B Per Unit Direct materials cost per unit Direct labor cost per unit Overhead: Engineering support per unit Electricity per unit Setup costs per unit Total manufacturing costs per

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Are You Legal A Personal Legal Audit And Empowerment Tool

Authors: Nelson P. Miller

1st Edition

099055533X, 978-0990555339

More Books

Students also viewed these Accounting questions

Question

How does hearing differ from listening?

Answered: 1 week ago