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Odyssey Inc. has a total of $1,890,000 in production overhead costs. The company's products and related statistics follow. Additional data: The 330,000 pounds of material
Odyssey Inc. has a total of $1,890,000 in production overhead costs. The company's products and related statistics follow. Additional data: The 330,000 pounds of material were purchased for $435,600. One direct labor hours costs $9.60. a. Assume that Odyssey Inc. uses direct labor hours to apply overhead to products. Determine the total cost for each product and the cost per unit. Note: Round your final answers to two decimal places (i.e. round $4.355 to $4.36 ). b. Assume that Odyssey Inc. uses machine hours to apply overhead to products. Determine the total cost for each product and the cost per unit. Note: Round your final answers to two decimal places (i.e. round \$4.355 to \$4.36). c. Assume that Odyssey Inc. uses the following activity centers, cost drivers, and costs to apply overhead to products: Determine the total cost for each product and the cost per unit. Note: Round your final answers to two decimal places (i.e. round $4.355 to $4.36 )
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