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Oriole Corporation manufactures safeslarge mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Oriole is analyzing the profitability of
Oriole Corporation manufactures safeslarge mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Oriole is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be assigned to each product line. The information shown below relates to overhead.
Mobile Safes | Walk-in Safes | |||||
---|---|---|---|---|---|---|
Units planned for production | 200 | 50 | ||||
Material moves per product line | 300 | 200 | ||||
Purchase orders per product line | 450 | 350 | ||||
Direct labor hours per product line | 800 | 1,700 |
(a) Your answer is correct. The total estimated manufacturing overhead was $264,000. Under traditional costing (which assigns overhead on the basis of direct labor hours). what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, eg. 12.25.) (1) One mobile safe S 422.40 per unit (2) One walk-in safe $ $ 3,590.40 per unit e Textbook and Media Attempts: 4 of 7 used (61) Your Answer Correct Answer * Your answer is incorrect. The total estimated manufacturing overhead of $264.000 was comprised of $168.000 for materials handling costs and $96,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, eg. 12.25.) What amount of materials handling costs are assigned to: (a) One mobile safe $ 774 each (b) One walk-in safe $ 2.184.00 each (62) Your answer is incorrect. The total estimated manufacturing overhead of $264,000 was comprised of $168.000 for materials handling costs and $96,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, eg. 12.25.) What amount of purchasing activity costs are assigned to: (a) One mobile safe $ each (b) One walk-in safe $ each e Textbook and Media Assistance Used Attempts: 1 of 7 used Submit Answer Save for Later Last saved 15 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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