JordanCompany's overhead costs are as follows: Production Activity Indirect Labor ($) Indirect Materials ($) Other Overheads ($) Grinding 352,000 Sanding 148,500 Product modification 660,000 Electrical 280,500 System calibration 550,000 Activity Resources Grinding 13,000 machine hours Sanding 13,000 machine hours Product modification 1,500 engineering hours Electrical 17,000 direct labor hours System calibration 400 batches Compute overhead rates for each activity and create cost pools as appropriate. Round the answers to two decimal places. Activity Equation Overhead rates Grinding Sanding Product modification Electrical System calibrationJordanCompany's overhead costs are as follows: Production Activity Indirect Labor ($) Indirect Materials ($) Other Overheads ($) Grinding 352,000 Sanding 148,500 Product modification 660,000 Electrical 280,500 System calibration 550,000 Activity Resources Grinding 13,000 machine hours Sanding 13,000 machine hours Product modification 1,500 engineering hours Electrical 17,000 direct labor hours System calibration 400 batches Job P and Job Q use the following resources: Resources Job P Job Q Batches 30 90 Engineering hours 26 32 Machine hours 550 5,500 Direct labor hours 500 4,375 Job P Job Q Number of units 200 2,500 Given the information in the table above, compute overhead costs for each job. Round the overhead rates to two decimal places. Round all other numbers to the nearest dollar. Activity Job P Job Q Grinding Polishing Product modification Providing power System calibration Total cost of jobJordanCompany's overhead costs are as follows: Production Activity Indirect Labor ($) |Indirect Materials ($) | Other Overheads ($) Grinding 352,000 Sanding 148,500 Product modification 660,000 Electrical 280,500 System calibration 550,000 Activity Resources Grinding 13,000 machine hours Sanding 13,000 machine hours Product modification 1,500 engineering hours Electrical 17,000 direct labor hours System calibration 400 batches Job P and Job Q use the following resources: Resources Job P Job Q Batches 30 90 Engineering hours 26 32 Machine hours 550 5,500 Direct labor hours 500 4,375 Job P Job Q Number of units 200 2,500 What is the overhead cost per unit for Job P and Job Q? Round the overhead rates and average cost per unit to two decimal places. Round all other numbers to the nearest dollar. Costs Job P Job Q Total overhead cost of job / Number of units in job Average overhead cost per unitJordanCompany's overhead costs are as follows: Production Activity Indirect Labor ($)|Indirect Materials ($) Other Overheads ($) Grinding 352,000 Sanding 148,500 Product modification 660,000 Electrical 280,500 System calibration 550,000 Activity Resources Grinding 13,000 machine hours Sanding 13,000 machine hours Product modification 1,500 engineering hours Electrical 17,000 direct labor hours System calibration 400 batches Job P and Job Q use the following resources: Resources Job P Job Q Batches 30 90 Engineering hours 26 32 Machine hours 650 5,500 Direct labor hours 500 4,375 Job P Job Q Number of units 200 2,500 Compute overhead costs for the units produced for Job P and Job Q. Base the calculation on a plant-wide overhead rate that is based on direct labor hours. Round all answers to the nearest dollar. Activity Plant-Wide Rate Grinding Polishing Product modification Providing power System calibration Total overhead cost Rate per direct labor hour (Total overheads / Direct labor hours) Overhead cost for a job = Total direct labor hours x Overhead rate Job P Job Q Average overhead cost per unit = Overhead cost / Units in each job Job P Job QConglomco Company's overhead costs are as follows: Production Activity Indirect Labor ($) Indirect Materials ($) Other Overheads ($) Grinding 325,000 Sanding 130,000 Product modification 700,000 Electrical 250,000 System calibration 600,000 Activity Resources Grinding 13,000 machine hours Sanding 13,000 machine hours Product modification 1,500 engineering hours Electrical 17,000 direct labor hours System calibration 400 batches Each production activity can be classified into different levels: Unit level Batch level Product level Facility level Classify the following activities into the appropriate levels. Activity Level Grinding Sanding Product modification Electrical System calibration
