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| my.citruscollege.edu x - Chapter 18 Homework X 2 CengageNOWv2 | Online teachin X MindTap - Cengage Learning * *Homework Help - Q&A from On x + X https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Chapter 18 Homework eBook Print Item Activity-Based And Department Rate Product Costing and Product Cost Distortions ? Black and Blue Sports Inc. manufactures two products: snowboards and skis. The factory overhead incurred is as follows: Indirect labor $507,000 Cutting Department 156,000 Finishing Department 192,000 Total $855,000 The activity base associated with the two production departments is direct labor hours. The indirect labor can be assigned to two different activities as follows: Activity Budgeted Activity Cost Activity Base Production control $237,000 Number of production runs Materials handling 270,000 Number of moves Total $507,000 The activity-base usage quantities and units produced for the two products follow: Number of Number of Direct Labor Direct Labor Units Production Runs Moves Hours-Cutting Hours-Finishing Produced Snowboards 430 5,000 4,000 2,000 6,000 Skis 70 2,500 2,000 4,000 6,000 Total 500 7,50 6,000 6,000 12,000 Required: 1. Determine the factory overhead rates under the multiple production department rate method. Assume that indirect labor is associated with the production departments, so that the total factory overhead is $315,000 and $540,000 for the Cutting and Finishing departments, respectively. Round per unit amounts to the nearest whole cent. Department Production Department Rate Cutting Department $ per direct labor hour Check My Work Previous Next Assignment Score: 57.14% All work saved. Email Instructor Save and Exit Submit Assignment for Grading N 9:05 AM Type here to search O Ei 63.F Haze ^ O () ( E 9/18/2021| my.citruscollege.edu x - Chapter 18 Homework X CengageNOWv2 | Online teachin x MindTap - Cengage Learning * *Homework Help - Q&A from On x + X https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Chapter 18 Homework eBook Print Item The activity-base usage quantities and units produced for the two products follow: ? Number of Number of Direct Labor Direct Labor Units Production Runs Moves Hours-Cutting Hours-Finishing Produced Snowboards 430 5,000 4,000 2,000 5,000 Skis 70 2,500 2,000 4,000 6,000 Total 500 7,500 6,000 6,000 12,000 Required: 1. Determine the factory overhead rates under the multiple production department rate method. Assume that indirect labor is associated with the production departments, so that the total factory overhead is $315,000 and $540,000 for the Cutting and Finishing departments, respectively. Round per unit amounts to the nearest whole cent. Department Production Department Rate Cutting Department $ per direct labor hour Finishing Department per direct labor hour 2. Determine the total and per-unit factory overhead costs allocated to each product, using the multiple production department overhead rates in (1). Round per unit amounts to the nearest whole cent. Product Total Factory Overhead Factory Overhead Per Unit Snowboards Skis 3. Determine the activity rates, assuming that the indirect labor is associated with activities rather than with the production departments. Round per unit amounts to the nearest whole cent. Activity Activity Rate Production Control per prod. run Materials Handling per move Cutting Department per din Finishing Department per dih 4. Determine the total and per-unit cost assigned to each product under activity-based costing. Round the per unit amounts to the nearest whole cent. Product Total Activity Cost Activity Cost Per Unit Snowboards Skis Check My Work Previous Next Assignment Score: 57.14% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 9:06 AM Type here to search N 63.F Haze ^ D () ( 9/18/2021 E