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Partially answered please help Steampunk Corporation has the following predicted indirect costs and cost drivers for the year for the given activity cost pools. Fabrication

Partially answered please help

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Steampunk Corporation has the following predicted indirect costs and cost drivers for the year for the given activity cost pools. Fabrication Finishing Department D partmen Cost Driver Maintenance $ 48,000 24,000 Machine hours Materials handling 72,000 36,000 Material moves Machine 168,000 12,000 Machine setups Inspections 60,000 Inspection hours Total $ 288,000 $ 132,000 The following activity predictions were also made for the year: Fabrication Department Departmen Machine hours 5,000 2,500 Material moves 1.500 750 Machine setups 350 Inspection hours 500 It is assumed that the cost per unit of activity for a given activity does not vary between departments. Steampunk's president, Abner Punk, is trying to evaluate the company's product mix strategy regarding two of its product models, SW100 and SG150. The company has been using a company wide overhead rate based on machine hours but is considering switching to either department rates of activity-based rates. The production manager has provided the following data for the production of a batch of 100 units for each of these models: SW100 SG150 Direct materials cost $ 16,000 $ 24,000 Direct labor cost $ 6,400 5 4,800 Machine hours (Fabrication) 250 350 Machine hours (Finishing) 100 50 Materials moves Machine setups 10 Inspection hours a. Determine the cost of one unit each of SW100 and SG150, assuming a company-wide overhead rate is used based on total machi Round rate to two decimal places. Overhead rate based on total machine hours: $ 8 per machine hour Use rounded overhead rate calculated about for calculations below. Round cost answers to the ound cost per unit to two decimal places. Product Costs per Unit SW100 SG150 Direct materials 16000 $ 24000 Direct labor 6400 4800 Manufacturing overhead 3200 3600 Total cost per batch 25600 $ 32400 Number of units per batch 100 100 Cost per unit 256 S 324 b. Determine the cost of one unit of SW100 and SG150, assuming department o in both departments. Round to two decimal places, if applicable Overhead rate based on machine hours for Fabrication Dept.: $ 43 per machine hour Overhead rate based on machine hours for Finishing Dept.: $ 86 per machine hour. Use rounded overhead rate calculated above for calculations below. Round cost answers to the und cost per unit to two decimal places, if needed. Product Costs per Unit SW100 SG150 Direct materials 16000 $ 24000 Direct labor 6400 4800 Manufacturing overhead: Fabrication Dept. 10750 15050 Finishing Dept. 8600 4300 a LI > Homework Finishing Dept. 8600 4300 Total cost per batch 41750 5 48150 Number of units per batch 100 100 Cost per unit 417.5 $ 481.5 c. Determine the cost of one unit of SW100 and SG150, assuming activity-based overhead handling, machine setup, and inspection activities. Round rate to two decimal places, if applicable. Activity-based overhead rates: Maintenance 0 Materials handling $ Machine setup 0 Inspection activities $ Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole num . Round cost per unit to two decimal places, if needed. Product Costs per Unit SW100 SG150 Direct materials Direct labor Manufacturing overhead: Maintenance activity Materials handling activity Machine setups activity Inspections activity Total cost per batch Number of units per batch Cost per unit

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