JULI 252Fegistration... O W#5 Saved Help Save Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the cutting edges of bulldozer blades to replacement parts for Land Rovers. The company uses an activity-based costing system for interna decision-making purposes. The company has four activity cost pools as listed below. Dints Activity Cost Pool Order size Customer orders Product testing Selling Activity Measure Number of direct labor-hours Number of customer orders Number of testing hours Number of sales calls $ $ Activity Rate 16.85 per direct labor-hour 320.00 per customer order $ 1,090.00 per sales call eBook Hint The managing director of the company would like information concerning the cost of a recently completed order for heavy-duty trailer axles. The order required 200 direct labor-hours. 4 hours of product testing, and 2 sales calls. Print References Required: What is the total overhead cost assigned to the order for heavy-duty trailer axles? ABC Cost Activity Cost Pool Order size Customer orders Product testing Selling Total overhead cost hlaut Hey s on... HW#5 0 Saved Help Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow Direct Labor- Hours per Annual Unit Production 0.80 10,000 units 0.40 40,000 units Annual points Hubs Sprockets eBook Additional information about the company follows: References a. Hubs require $32 in direct materials per unit, and Sprockets require $18. b. The direct labor wage rate is $15 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 72,000 $200,000 $816,000 Hubs 100 5,000 NA Sprockets Total 300 400 5,000 N A Sirved 480 Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) $ 72,000 $200,000 $816,000 100 5,000 NA 300 05, ees NANA points Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Special processing Activity Rate per setup per MH Required 2 > Mc HW#5 6 Help Save Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) 380 $ 72,000 $20,000 $816,000 180 5,080 NA 400 5,86 points Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your answers to 2 decimal places.). Hubs Sprockets Direct materials Direct labor Overhead Unit cost DG7 Moyt HW#5 Saved Help Seve Che Advanced Products Corporation has supplied the following data from its activity-based costing system Overhead Costs Wages and salaries Other overhead costs Total overhead costs $ 300,000 100,000 $ 400,000 oints eBook Print Activity Cost Pool Supporting direct labor Order processing Customer support Other Total Activity for the Year 20,000 DLHS 400 orders 200 customers Not applicable Activity Measure Number of direct labor-hours Number of customer orders Number of customers This is an organization- sustaining activity References Distribution of Resource Consumption Across Activities Supporting Order Direct Labor Processing Wages and salaries 40% 30% Other overhead costs 30% 10% Customer Support 20% 20% Other 10% 40% Total 100% 100% During the year, Advanced Products completed one order for a new customer, Shenzhen Enterprises. This customer did not order any other products during the year. Data concerning that order follow: Pro 7 of 7 Next JULI 252Fegistration... O W#5 Saved Help Save Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the cutting edges of bulldozer blades to replacement parts for Land Rovers. The company uses an activity-based costing system for interna decision-making purposes. The company has four activity cost pools as listed below. Dints Activity Cost Pool Order size Customer orders Product testing Selling Activity Measure Number of direct labor-hours Number of customer orders Number of testing hours Number of sales calls $ $ Activity Rate 16.85 per direct labor-hour 320.00 per customer order $ 1,090.00 per sales call eBook Hint The managing director of the company would like information concerning the cost of a recently completed order for heavy-duty trailer axles. The order required 200 direct labor-hours. 4 hours of product testing, and 2 sales calls. Print References Required: What is the total overhead cost assigned to the order for heavy-duty trailer axles? ABC Cost Activity Cost Pool Order size Customer orders Product testing Selling Total overhead cost hlaut Hey s on... HW#5 0 Saved Help Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow Direct Labor- Hours per Annual Unit Production 0.80 10,000 units 0.40 40,000 units Annual points Hubs Sprockets eBook Additional information about the company follows: References a. Hubs require $32 in direct materials per unit, and Sprockets require $18. b. The direct labor wage rate is $15 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 72,000 $200,000 $816,000 Hubs 100 5,000 NA Sprockets Total 300 400 5,000 N A Sirved 480 Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) $ 72,000 $200,000 $816,000 100 5,000 NA 300 05, ees NANA points Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Special processing Activity Rate per setup per MH Required 2 > Mc HW#5 6 Help Save Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) 380 $ 72,000 $20,000 $816,000 180 5,080 NA 400 5,86 points Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your answers to 2 decimal places.). Hubs Sprockets Direct materials Direct labor Overhead Unit cost DG7 Moyt HW#5 Saved Help Seve Che Advanced Products Corporation has supplied the following data from its activity-based costing system Overhead Costs Wages and salaries Other overhead costs Total overhead costs $ 300,000 100,000 $ 400,000 oints eBook Print Activity Cost Pool Supporting direct labor Order processing Customer support Other Total Activity for the Year 20,000 DLHS 400 orders 200 customers Not applicable Activity Measure Number of direct labor-hours Number of customer orders Number of customers This is an organization- sustaining activity References Distribution of Resource Consumption Across Activities Supporting Order Direct Labor Processing Wages and salaries 40% 30% Other overhead costs 30% 10% Customer Support 20% 20% Other 10% 40% Total 100% 100% During the year, Advanced Products completed one order for a new customer, Shenzhen Enterprises. This customer did not order any other products during the year. Data concerning that order follow: Pro 7 of 7 Next