Only answer number 2 number 1 is done.
Homework 5 Saved Help 34 Java Source, Incorporated. (JSI) buys coffee beans from around the world and roasts, blends, and packages them for resale. Some of JSI's coffees are very popular and sell in large volumes, while a few of the newer blends sell in very low volumes. JSI prices its coffees at manufacturing cost plus a markup of 25% For the coming year, JSI's budget Includes estimated manufacturing overhead cost of $2,734,900. JSI assigns manufacturing overhead to products on the basis of direct labor-hours. The expected direct labor cost totals $612,000, which represents 51,000 hours of direct labor time. The expected costs for direct materials and direct labor for one-pound bags of two of the company's coffee products appear below. eBook Direct materials Kenya Dark $ 4.30 $ 0.42 Viet Select $ 3.50 $ 0.42 Direct labor (e.835 hours per bag) Print JSI's controller belleves that the company's traditional costing system may be providing misleading cost Information. To determine whether or not this is correct, the controller has prepared an analysis of the year's expected manufacturing overhead costs, as shown In the following table: References Expected Cost Activity Cost Pool for the Year Purchasing Expected Activity for the Year 1,660 orders 1,800 setups $ 498,000 720,000 Material handling Quality control Activity Measure Purchase orders Number of setups Number of batches Roasting hours Blending hours Packaging hours 610 batches 146,400 Roasting 96,588 roasting hours 772,000 Blending 366,300 33,380 blending hours 25,880 packaging hours. Packaging 232, 200 Total manufacturing overhead cost $ 2,734,900 Data regarding the expected production and sales of Kenya Dark and Viet Select coffee are presented below. Kenya Dark Viet Select 97,000 pounds Expected production and sales Batch size 2,000 pounds 400 pounds 9,700 pounds Setups 4 per batch 4 per batch 400 pounds Purchase order size 19,400 pounds Roasting time per 100 pounds 1.5 roasting hours Blending time per 100 pounds 1.5 roasting hours 6.5 blending hours 8.3 packaging hours Packaging time per 100 pounds. 8.5 blending hours 8.3 packaging hours Required: 1. Using direct labor-hours as the manufacturing overhead cost allocation base, do the following: a. Determine the plantwide predetermined overhead rate that will be used during the year. b. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. 2. Using the activity-based absorption costing approach, do the following: a. Determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of Kenya Dark coffee and Viet Select coffee. c. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Required 2C Using the activity-based absorption costing approach, determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. Kenya Dark Viet Select Total amount of manufacturing overhead cost Required 2B > 3 points
