Question
Information pertaining to Radakovich Corporation's manufacturing overhead for 2021 is given below. Radakovich uses an actual activity-based costing (ABC) system to assign manufacturing overhead to
Information pertaining to Radakovich Corporation's manufacturing overhead for 2021 is given below. Radakovich uses an actual activity-based costing (ABC) system to assign manufacturing overhead to products. Among its products the company made 5,200 units of product D130 in 2021. The manufacture of this product required a total of 300 machine-hours, 15,000 parts, and 60 inspection-hours. This product's direct materials cost averaged $15.00 per unit and its direct labor cost was $20.00 per unit.
Activity Activity Rate Cost Driver Assembly $25.50 number of machine hours Material Handling $1.50 number of parts Inspection $75.00 number of inspection-hours
Activity Rates are quoted per unit of cost driver activity.
Calculate the total manufacturing overhead costs assigned to product D130 for 2021. (Round to the nearest $1.00)
__________
. Information pertaining to Radakovich Corporation's manufacturing overhead for 2021 is given below. Radakovich uses an actual activity-based costing (ABC) system to assign manufacturing overhead to products. Among its products the company made 5,200 units of product D130 in 2021. The manufacture of this product required a total of 300 machine-hours; 15,000 parts; and 60 inspection-hours. This product's direct materials cost averaged $15.00 per unit and its direct labor cost was $19.50 per unit.
Activity Activity Rate Cost Driver
Assembly $25.50 number of machine hours
Material Handling $1.50 number of parts
Inspection $75.00 number of inspection-hours
Activity Rates are quoted per unit of cost driver activity.
Calculate the total manufacturing costs per unit of product D130 for 2021. (Round to the nearest $0.01)
______________
Information pertaining to Radakovich Corporation's manufacturing overhead for 2021 is given below. Radakovich uses an actual activity-based costing (ABC) system to assign manufacturing overhead to products. Among its products the company made 5,200 units of product D130 in 2021. The manufacture of this product required a total of 300 machine-hours, 15,000 parts, and 60 inspection-hours. This product's direct costs equaled $35.00 per unit. The average selling price for D130 in 2021 was $90.00 per unit.
Activity Activity Rate Cost Driver Assembly $25.50 number of machine hours Material Handling $1.50 number of parts Inspection $75.00 number of inspection-hours
Activity Rates are quoted per unit of cost driver activity.
Calculate the total gross profit per unit of product D130 for 2021. (Round to the nearest $0.01)
______________
Information pertaining to Radakovich Corporation's estimated manufacturing overhead for 2022 is given below. Radakovich uses an activity-based costing (ABC) system to assign manufacturing overhead to products. Among its products is G12B, that the company only manufactures for special orders. BobCo Inc. has requested a bid on 1,000 units of G12B. Radakovich's production managers estimate the order to require 200 machine-hours; 4,500 parts; and 200 inspection-hours. This product's direct costs are estimated to cost $100.00 per unit.
Activity Activity Rate Cost Driver Assembly $30.00 number of machine hours Material Handling $2.00 number of parts Inspection $70.00 number of inspection-hours
Activity Rates are quoted per unit of cost driver activity.
Calculate the total estimated manufacturing cost for BobCo's order of G12B. (Round to the nearest $1.00)
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