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Lily Corporation manufacturas safes-larga mobile safss, and larga walk-in stationary bank safss. As part of its annual budgeting process, Lily is analyzing the profitability of
Lily Corporation manufacturas safes-larga mobile safss, and larga walk-in stationary bank safss. As part of its annual budgeting process, Lily is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhaad to be assigned to each product line. The information shown belaw ralates to ovarhazd. The total estimatad manufacturing overhead was $280,000. Under traditional costing (which assigns ovarhead on the basis of diract labor hours), what amount of manufacturing overhsad costs ara assignad ta: (Round answers to 2 decimal ploces, eg. 12.25) (1) Onemabile safe $ (2) Onewalk-insafe s eTextbook and Medla The total astimatad manufacturing overhazd of $290,000 was comprised of $176,000 for matarials handling costs and $104,000 for purchasing activity coats. Under activity-besed costing (ARC): (Round answers to 2 decimal places, eg. 12.25.) What amount of materials handling costs are assignad ta: (a) Onemobilesse s s ach (b) Onswalk-insafe \& sach eTextbook and Medla The total astimatad manufacturing overhazd of $290,000 was comprised of $176,000 for matarials handling costs and $104,000 for purchasing activity cocts. Under activity-based costing (ARC): (Round answers to 2 decimal places, eg. 12.25.) What amount of purchasing activity costs ara assigned to: Compare the amount of overhzad assignad to one mobils safs and to ons walk-in szis under the traditional costing approach versus under AC. (Round answers to 2 decimal places, e.8. 12.25)
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