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Plantwide versus Departmental Rates, Product-Costing Accuracy: Activity-Based Costing Ramsey Company produces speakers (Model A and Model B). Both products pass through two producing departments. Model

Plantwide versus Departmental Rates, Product-Costing Accuracy: Activity-Based Costing

Ramsey Company produces speakers (Model A and Model B). Both products pass through two producing departments. Model A's production is much more labor-intensive than that of Model B. Model B is also the more popular of the two speakers. The following data has been gathered for the two products:

Product Data
Model A Model B
Units produced per year 10,000 100,000
Prime costs $145,000 $1,450,000
Direct labor hours 139,000 310,000
Machine hours 17,000 204,000
Production runs 30 70
Inspection hours 900 1,300
Maintenance hours 9,000 91,000
Overhead costs:
Setup costs $290,000
Inspection costs 231,000
Machining 77,000
Maintenance 300,000
Total $898,000

Required:

1. Compute the overhead cost per unit for each product by using a plantwide rate based on direct labor hours. (Round to two decimal places.)

Plantwide rate: $fill in the blank f342b6feff8e056_1 per DLH.

Model A: $fill in the blank f342b6feff8e056_2 overhead cost per unit
Model B: $fill in the blank f342b6feff8e056_3 overhead cost per unit

machining is not 5923 and 71077 that is wrong and model a is not 21,44 i posted twice they gave same answer but incorrect

2. Compute the overhead cost per unit for each product by using ABC. (Round rates and unit overhead costs to two decimal places.)

Model A: $fill in the blank cf269df3707c00f_1 overhead cost per unit
Model B: $fill in the blank cf269df3707c00f_2 overhead cost per unit

Note: Be sure to complete both tables below.

Activity Driver Activity Rate
Setups

Production runsInspection hoursMachine hoursMaintenance hoursProduction runs

$fill in the blank cf269df3707c00f_4 per

runhourrun

Inspections

Production runsInspection hoursMachine hoursMaintenance hoursInspection hours

$fill in the blank cf269df3707c00f_7 per

runhourhour

Machining

Production runsInspection hoursMachine hoursMaintenance hoursMachine hours

$fill in the blank cf269df3707c00f_10 per

runhourhour

Maintenance

Production runsInspection hoursMachine hoursMaintenance hoursMaintenance hours

$fill in the blank cf269df3707c00f_13 per

runhourhour

Overhead assignment
Model A Model B
Setups $fill in the blank cf269df3707c00f_15 $fill in the blank cf269df3707c00f_16
Inspections fill in the blank cf269df3707c00f_17 fill in the blank cf269df3707c00f_18
Machining fill in the blank cf269df3707c00f_19 fill in the blank cf269df3707c00f_20
Maintenance fill in the blank cf269df3707c00f_21 fill in the blank cf269df3707c00f_22
Total overhead $fill in the blank cf269df3707c00f_23 $fill in the blank cf269df3707c00f_24
Units produced fill in the blank cf269df3707c00f_25 fill in the blank cf269df3707c00f_26
Overhead per unit $fill in the blank cf269df3707c00f_27 $fill in the blank cf269df3707c00f_28

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