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Just need the values for white boxes please.. no need of ex[planation The Longley Corporation Lid is considering whether to introduce activity based costing to

Just need the values for white boxes please..

no need of ex[planation

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The Longley Corporation Lid is considering whether to introduce activity based costing to determine the cost of each of its four products. The company is currently using a conventional costing system whereby the total overhead costs ($1,323,000) are allocated on the basis of the number of direct labour hours. The table below provides information in relation to the cost of each of the products and the extent to which each of the products consume various resources. PRODUCTS A B C D TOTAL Output (units) 15000 300 5000 1 1000 34000 RESOURCE USE PER UNIT Raw Materials N W 4 5 10 192000 Labour Hours 1.5 w 73500 Machine Hours 0.51 21 2.5 1.5 42500 UNIT PRODUCTION COSTS Raw Materials $12 $ 16 $20 $40 $768000 Direct Labour $28 $14 $21 $42 $1029000 OVERHEAD ACTIVITIES Machining (per hour $10 $10 $10 $10 $425000 Engineering Set-ups 3 4 $173000 Component Receipts 35 6 65 35 $395000 Orders Packaged 17 20 12 $200000 Distribution Deliveries 15 35 25 25 $130000 Please only enter numbers below i.e. no dollar signs or commas. Required: (a) Calculate the cost of each of the four products if the conventional costing approach is used. (2 marks) Product A Product B Product C Product D Direct Material $12 $16 $20 $40 cost per unit Direct Labour $28 $14 $21 $42 cost per unit Overhead cost per unit TOTAL COST PER UNIT (b) Determine the TOTAL OVERHEAD COST ALLOCATED TO EACH PRODUCT IN RESPECT TO EACH OVERHEAD ACTIVITY if activity based costing were to be used. (5 marks) Overhead Product A Product B Product C Product D activities Machining Engineering setups Component eceipts Orders packaged Distribution deliveries (c) Determine the TOTAL COST PER UNIT of producing each product if activity based costing were to be used. (1 mark) NB Round your answers up to 2 decimal places. Product A Product B Product C Product D

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