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Ocala Outdoor Products makes two types of camping axes, the Trapper, a higher quality axe and the Scout, which is a budget friendly axe. The
Ocala Outdoor Products makes two types of camping axes, the Trapper, a higher quality axe and the Scout, which is a budget friendly axe. The Scout requires $10 of direct materials and the Trapper requires $25 of direct materials. Additional information for the two products follow: Direct-labor hours Annual Production per axe 2.0 15,000 1.0 80.000 Trapper Scout The direct labor wage rate is $16 per hour Ocala uses an ABC to allocate manufacturing overhead with the following activity cost pools: Estimated Activity Activity Measure Estimated OH Cost Trapper Scout Total number of setups $21,600 12 52 64 Activity Cost Pool Machine setups Special processing General factory Total MOH machine-hours $180,000 3,000 0 3,000 direct-labor hours $220.000 30,000 80,000 110,000 $421,600 Question 1 1 pts Compute the activity rate for the Machine setups cost pool (just enter the numerical amount, for example, $150 per machine setup would be entered as 150). Question 2 1 pts Compute the activity rate for the Special processing cost pool (just enter the numerical amount, for example, $150 per machine hour would be entered as 150). Question 3 1 pts Compute the activity rate for the General factory cost pool (just enter the numerical amount, for example, $150 per direct-labor hour would be entered as 150). Question 4 2 pts Under the ABC system of allocating manufacturing OH, how much of the total MOH of $421,600 would be allocated to the Trapper product line? Question 5 1 pts What is the unit product cost for the Scout product line according to the ABC system? (hint: unit product costs includes not only MOH but also direct labor and direct materials)
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