Plantwide Overhead Rate, Activity-Based Costing, lob Costs Foto-Fast Copy Shop provides a variety of photocopying and printing services. On June 5, the owner invested in some computer equipme four-color professional quality brochure. Prior to the purchase of this equipment, Foto-Fast Copy Shop's overhead averaged $45,600 per year After installation of the new equipment, the total overhead increased to $106,400 per year. Foto Fast Copy Shop has always costed ent that enables customers to reproduce a picture or lustration, input it digitally into the computer, enter text into the computer, and then print out a -aided photography aterials and laborplus overhead assioned usinga ermined overhead rate based on direct labor hours. Budgeted direct labor hours for the year are rate based 7,600, and the wage rate is $10 per hour Required: 1. What was the predetermined overhead rate prior to the purchase of the new equipment? per direct labor hour 2. What was the predetermined overhead rate after the new equipment was purchased? per direct labor hour 3. Suppose Rick Anselm brought in several items he wanted photocopied. The job required 800 sheets of paper at so.01 each and 48 minutes of direct labor time. What would have been the cost of Rick's job on May 207 On June 207 If required, round your answers to the nearest cent. Total job cost May 20 June 20 4. Suppose that the owner decides to calculate two overhead rates, one for the photocopying area based on direct labor hours as before, and one for the .comnuter-aided orintinn area hased on machine time Estimated overhead annlirahle to the.computer-aided arinting area is 60.nn and freracted usane of Check My Work more Check My Work uses remaining Previous Next 1202 AM 13/02/2019 1. What was the predetermined overhead rate prior to the purchase of the new equipment? 0 per direct labor hour 2. What was the predetermined overhead rate after the new equipment was purchased? per direct labor hour m brought in several items he wanted 3. Suppose Rick Ansel time. What would have been the cost of Rick's job on May photocopied. The job required 800 sheets of paper at so.01 each and 48 minutes of direct labor 20? On June 20P If required, round your answers to the nearest cent t Total job cost May 20 June 20 4. Suppose that the owner dedides to calculate two everhead rates, one for the photocopying area based on direct labor hours as before, and one for the the owner decides to calculate two overhead rates, one for the photocopying area based on direct computer-aided printing area based on machine time. Estimated overhead applicable to the the machines is 2,000 hours. What are the two overhead rates? If required, computer-aided printing area is $60,800, and forecasted usage of round your answers to the nearest cent. Overhead Rate Photo-copying Computer-aided printing Which overhead rate system is better-one rate or two? sper direct labor hour per machine hour Check My Work more Check My Work uses remaining Previous Next 1203 AM