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It is all one question just different parts. Thanks for your help! Ice Cool produces two different models of air conditioners. The activities, costs, and
It is all one question just different parts. Thanks for your help!
Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. 11'" Budgeted . t Activity Pm" 5 Process Activity Budgeted Cost Activity Cost Driver Usage Assembly Machining S 311 , 800 Machine hours (MI-I) 7 ,400 Setups 22 , 000 Setups 240 El 5 333 , 800 eBzok Finishing Inspecting 5 232 1 000 Inspections 140 Support Purchasing 5 132.000 Purchase orders 570 9,; Additional production information concerning its two models follows. _ Units and Activities Model 5: Model 2 Units produced 1 , 800 3 , 600 Print Machine hours 2 , 000 5 , 400 Setups 80 160 Inspections 460 280 Purchase orders 380 190 References Per Unit. Hodel x Model Z Selling price per unit $ 405 S 385 Direct materials cost per unit 155 120 Direct labor cost per unit 125 120 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross prot per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the activity rate for each activity using activity-based costing. (Round "Activity rate" to 2 decimal places.) Inspecting Required 2 > Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. 11'" Budgeted . t Activity Pm" 5 Process Activity Budgeted Cost Activity Cost Driver Usage Assembly Machining $ 3 1 1 , 800 Machine hours (MI-I) 7 , 4 00 Setups 22 , 000 Setups 240 El $ 333.800 95:\" Finishing Inspecting 5 232 1 000 Inspections 140 Support Purchasing 5 132.000 Purchase orders 570 9,; Additional production information concerning its two models follows. _ Units and Activities Model 5: Model 2 Units produced 1 , 800 3 , 600 Print Machine hours 2 , 000 5 , 400 Setups 80 160 Inspections 460 280 Purchase orders 380 190 References Per Unit Model x Model 2 Selling price per unit $ 405 S 385 Direct materials cost per unit 155 120 Direct labor cost per unit 125 120 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross prot per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tab: below. Required 2 Required 3 Required 4 Using activity-based costing, compute the overhead cost per unit for each model. (Round "Activity Rate" to 2 decimal places and other answers to the nearest whole dollar amount.) Total allocated cost Units produced Overhead cost per unit __ Total allocated cost Units produced Overhead cost per unit Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. 11411 Budgeted . t Activity Pm" 5 Process Activity Budgeted Cost Activity Cost Driver Usage Assembly Machining S 3 1 1 , 800 Machine hours (MI-I) 7 , 4 00 Setups 22 , 000 Setups 240 El 5 333 , 800 eBzok Finishing Inspecting 5 232 , 000 Inspections 740 Support Purchasing 5 132.000 Purchase orders 570 9,; Additional production information concerning its two models follows. _ Units and Activities Model 5: Model 2 Units produced 1 , 800 3 , 600 Print Machine hours 2 , 000 5 , 400 Setups 8 0 1 60 Inspections 460 280 Purchase orders 380 190 References Per Unit. Hodel x Model Z Selling price per unit $ 405 S 385 Direct materials cost per unit 155 120 Direct labor cost per unit 125 120 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross prot per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total product cost per unit for each model. (Round "Activity Rate" to 2 decimal places and other intermediate calculations to the nearest whole dollar amount. Round your nal answers to 2 decimal places.) Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. \"'11 Budgeted . t Activity PD'" 5 Process Activity Budgeted Cost Activity Cost Driver Usage Assembly Machining $ 311 , 800 Machine hours (MI-I) 7 ,400 Setups 22 , 000 Setups 240 El 5 333 , aoo eBzok Finishing Inspecting 5 232 , 000 Inspections 740 Support Purchasing Purchase orders 570 9,; Additional production information concerning its two models follows. _ Units and Activities Model 5: Model 2 Units produced 1 , 800 3 , 600 Print Machine hours 2 , 000 5 , 400 Setups 80 160 Inspections 460 280 Purchase orders 380 190 References Per Unit Hodel x Model Z Selling price per unit 5 405 S 385 Direct materials cost per unit 155 120 Direct labor cost per unit 125 120 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross prot per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each model, compute the gross prot per unit (selling price per unit minus product cost per unit). (Round "Product cost per unit" and "Gross Prot" to 2 decimal places and other intermediate calculations to the nearest whole dollar amount. Negative amounts should be indicated with a minus sign.)Step by Step Solution
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