Nick Foles Corporation makes benches with built-in feet warmers that are used by football teams in cold-weather cities. The company recently completed a job to manufacture 3 benches ordered by the Philadelphia Eagles. The following data have been recorded on the job cost sheet for the 3 benches: Direct materials $2,414 Direct labor-hours Direct labor wage rate 74 labor-hours $ 17 per labor hour 137 machine hours Machine-hours Nick Foles applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $18 per machine-hour. Required: 1. Compute the total cost that would be recorded on the job cost sheet for the 3 benches: Total Job Cost: Bryce Harper Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company estimated for the current year 35,000 direct labor-hours and manufacturing overhead cost of $378,000. Job BB333, which was for 50 units of a custom wood baseball bat, was recently completed. The job cost sheet for Job BB333 contained the following data: Total direct labor- hours Direct materials Direct labor cost 250 $ 500 $6,900 Required: Calculate the selling price for each baseball bat sold from Job X941 ir BryceHarper Corp. marks up its unit product costs by 20%. (Round intermediate calculations and final answer to 2 decimal places.) Selling price per unit Estimated Overhead Cost Activities Expected Activity 68,000 machine- hours $979,200 Assembly Processing brders $96,500 2,000 orders Inspection $134,140 1,900 inspection- hours The company makes 450 hockey sticks a year, requiring a total of 710 machine-hours, 42 orders, and 12 inspection-hours per year. The product's direct materials cost is $35.89 per hockey stick and its direct labor cost is $29.63 per hockey stick. Required: 1. Calculate the unit product cost of one hockey stick according to the activity- based costing system (Round your final answer to two decimal places). Unit Cost: per unit T.Kerr, Corp (TKC) incurred the following costs in July: Direct materials $50,000 $41,000 $33,000 Pirect labor Manufacturing verhead Selling expenses Administrative expenses $29.000 $44,000 TKC's July Conversion costs totaled: Multiple Choice $74,000 O $197,000 O $83,000 $103,000 A partial listing of costs incurred at B. Barber Corporation during April appears below: |$176,000 Direct materials Utilities, factory $25,000 $118,000 Administrative salaries Indirect labor $44,000 Sales commissions $75,000 $65,000 pepreciation of production equipment pepreciation of administrative equipment $49.000 Direct labor $135,000 Advertising $80,000 The total of B. Barber Corporation's manufacturing overhead costs listed above for April is: Multiple Choice O $69,000 O $443,000 O $763,000 O $134,000 LeGarrette Football Products (LFP) manufactures two products for football: helmets and shoulder pads. LFP estimated it would incur $191,910 in manufacturing overhead costs during the current period. Overhead currently is applied to the products on the basis of direct labor-hours. Data concerning the current period's operations appear below: Helmets Shoulder Pads Estimated volume 4,500 units 3,700 units Direct labor-hours 2.60 hours 2.20 hour per unit Direct materials cost $ 18,60 $ 32.10 per unit Direct labor cost per $ 16.40 $ 12.80 unit Requried: a-1. Compute the predetermined overhead rate under the current method. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH a-2.Determine the unit product cost of each product for the current year. (Do not round your intermediate calculations. Round your final answer to 2 decimal places.) Helmets Shoulder Pads Unit product cost The company is considering using an activity-based costing system to compute unit product costs for external financial reports instead of its b. traditional system based on direct labor-hours. The activity-based costing system would use three activity cost pools. Data relating to these activities for the current period are given below: Estimated Expected Activity Overhead Shoulder Total Activity Cost Pools Costs Helmets Pads Machine setups $ 13,590 250 260 510 rchase orders 79,440 1.100 1,440 2,540 General factory 98,880 11,700 8,140 19,840 Total $ 191,910 a-2.Determine the unit product cost of each product for the current year. (Do not round your intermediate calculations. Round your final answer to 2 decimal places.) Helmets Shoulder Pads Unit product cost The company is considering using an activity-based costing system to compute unit product costs for external financial reports instead of its b. traditional system based on direct labor-hours. The activity-based costing system would use three activity cost pools. Data relating to these activities for the current period are given below: Estimated Expected Activity Overhead Shoulder Total Activity Cost Pools Costs Helmets Pads Machine setups $ 13,590 250 260 510 Purchase orders 79,440 1,100 1,440 2,540 General factory 98,880 11,700 8,140 19,840 Total $191,910 Determine the unit product cost of each product for the current period using the activity-based costing approach. (Round your intermediate calculations and final answers to 2 decimal places.) Helmets Shoulder Pads Unit product cost