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in Problem (GRADED) ezto.mheducation.com Saved Help Save & Exit Submit Check my work Stillicum Corporation makes ultra light-weight backpacking tents. Data concerning the company's
in Problem (GRADED) ezto.mheducation.com Saved Help Save & Exit Submit Check my work Stillicum Corporation makes ultra light-weight backpacking tents. Data concerning the company's two product lines appear below: Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production $ Deluxe 67.00 $ 25.00 Standard $ 55.00 $ 20.40 0.70 DLHS 10,000 units 1.40 DLHS 50,000 units: The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Estimated total manufacturing overhead Estimated total direct labor-hours Required: $ 505,000 77,000 DLHS 1. Determine the unit product costs of the Deluxe and Standard products under the company's traditional costing system. 2. The company is considering replacing its traditional costing system with an activity-based absorption costing system that would have the following three activity cost pools: Activity Cost Pools (and Activity Measures) Supporting direct labor (direct labor-hours) Batch setups (setups) Safety testing (tests) Total manufacturing overhead cost Estimated Overhead Expected Activity Deluxe Standard Total 7,000 70,000 77,000 200 100 300 30 70 100 Cost $ 308,000 129,000 68,000 $ 505,000 Determine the unit product costs of the Deluxe and Standard products under the activity-based absorption costing system. Estimated Overhead Activity Cost Pools (and Activity Measures) Expected Activity Cost Supporting direct labor (direct labor-hours) Batch setups (setups) $ 308,000 Deluxe 7,000 Standard 70,000 Total 77,000 Safety testing (tests) 129,000 68,000 200 100 300 30 70 100 Total manufacturing overhead cost $ 505,000 Determine the unit product costs of the Deluxe and Standard products under the activity-based absorption costing system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product costs of the Deluxe and Standard products under the company's traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Unit product cost Deluxe Standard Required 1 Required 2 > Activity Cost Pools (and Activity Measures)) Supporting direct labor (direct labor-hours) Batch setups (setups) Safety testing (tests) Total manufacturing overhead cost Estimated Overhead Cost $ 308,000 129,000 68,000 $ 505,000 Expected Activity Deluxe 7,000 Standard 70,000 Total 77,000 200 100. 300 30 70 100 Determine the unit product costs of the Deluxe and Standard products under the activity-based absorption costing system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product costs of the Deluxe and Standard products under the activity-based absorption costing system. (Round your Intermediate calculations and final answers to 2 decimal places.) Unit product cost Deluxe Standard < Required 1 Required 2 >
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