Please advise on how to calculate the attached 3 Accounting questions?

Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is no Lenses Mirrors Units produced 22 22 Material moves per product line 24 14 240 240 Directlabor hours per unit The total budgeted material-handling cost is $73,920. Required: 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handlin 2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handlin 3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what am 4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what (For all requirements, Do not round your intermediate calculations.) 1. Material handling cost per lens 2. Material-handling cost per mirror 3. Material-handling cost per lens 4. Material- handling cost per lens copes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the hours, the material-handling costs allocated to one lens would be what amount? hours, the material-handling costs allocated to one mirror would be what amount? one lens would be what amount? The cost driver for the material-handling activity is the number of material moves. one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves. of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines f material moves. f material moves. he individual product lines from the following information. Redwood Company sells craft kits and supplies to retail outlets and through its catalog. Some of the items are m After studying the costs incurred over the past two years for one of its products, skeins of knitting yarn, Jackson Cost Category Sales commissions Amount $ 796,500 Catalogs 517,000 Cost of catalog sales 198,000 Credit and collection Total selling costs 84,000 $ 1,595,500 The knitting yarn is sold to retail outlets in boxes, each containing 12 skeins of yarn. The sale of partial boxes is n Order Size Catalog Sales Retail Sales Small 1-10 skeins 1-10 boxes Medium 11-20 skeins 11-20 boxes Over 20 skeins Over 20 boxes Large An analysis of the previous year's records produced the following statistics. Small Retail sales in boxes (12 skeins per box) Catalog sales in skeins Number of retail orders Order Size Medium Large 5,000 67,500 193,000 94,000 67,000 59,000 635 3,165 6,700 Catalogs distributed 196,400 297,600 152,250 Required: 1. Prepare a schedule showing Redwood Company's total selling cost for each order size and the per-skein sellin Redwood Company Compution of sales costs by order size and per skein within each small Sales commissions Catalogs Cost of calalog sales Credit and Collection Total cost for all orders of a given size Units (skeins) sold Unit cost per order of a given size An analysis of selling costs shows. (You may select more than one answer. Highlight the correct answer ) Management may want to consider offering discounts for large orders. Small orders are preferable to medium sized orders Large orders are preferable to medium sized orders Marketing should be focused on small sized orders log. Some of the items are manufactured by Redwood, while others are purchased for resale. For the products it manufactu ins of knitting yarn, Jackson has selected four categories of selling costs and chosen cost drivers for each of these costs. T Cost Driver Boxes of yarn sold to retail stores Catalogs distributed Skeins sold through catalog Number of retail orders The sale of partial boxes is not permitted. Commissions are paid on sales to retail outlets but not on catalog sales. The cos Total 265,500 220,000 10,500 646,250 er size and the per-skein selling cost within each order size. (Round your intermediate calculations and unit cost per ord od Company tion of sales costs er size and per skein within each order size Order size Medium rect answer ) Large Total he products it manufactures, the company currently bases its selling prices on a product-costing system that accounts for d or each of these costs. The selling costs actually incurred during the past year and the cost drivers are as follows: on catalog sales. The cost of catalog sales includes telephone costs and the wages of personnel who take the catalog orde ns and unit cost per order to 2 decimal places.) tem that accounts for direct material, direct labor, and the associated overhead costs. In addition to these product costs, Re are as follows: o take the catalog orders. Jackson believes that the selling costs vary significantly with the size of the order. Order sizes are these product costs, Redwood incurs substantial selling costs, and Roger Jackson, controller, has suggested that these sell e order. Order sizes are divided into three categories as follows: uggested that these selling costs should be included in the product pricing structure. Maxey & Sons manufactures two types of storage cabinetsType A and Type Band applies manufacturing ove Type A Anticipated volume (units) Direct-material cost per unit Type B 18,400 $ 14 Direct-labor cost per unit $ 19 The controller, who is studying the use of activity-based costing, has determined that the firm's overhead can be Type A Setups Machine hours Outgoing shipments Type B 112 36,800 200 The firm's total overhead of $8,146,600 is subdivided as follows: manufacturing setups, $1,777,440; machine pro Required: 1. Compute the unit manufacturing cost of Type A and Type B storage cabinets by using the company's current o 2. Compute the unit manufacturing cost of Type A and Type B storage cabinets by using activity-based costing. 3. Is the cost of the Type A storage cabinet overstated or understated (i.e., distorted) by the use of machine hour 4. Assume that the current selling price of a Type A storage cabinet is $264.50 and the marketing manager is con Compute the unit manufacturing cost of Type A and Type B storage cabinets by using the company's current Type A Type B Unit manufacturing costs Compute the unit manufacturing cost of Type A and Type B storage cabinets by using activity-based costing. Type A Type B Unit manufacturing costs Is the cost of the Type A storage cabinet overstated or understated (i.e., distorted) by the use of machine ho Type A store cabinet line is d applies manufacturing overhead to all units at the rate of $92 per machine hour. Production information follows. Type B 34,500 21 19 he firm's overhead can be identified with three activities: manufacturing setups, machine processing, and product shipping. Type B Total 72 184 51,750 88,550 150 350 s, $1,777,440; machine processing, $4,887,960; and product shipping, $1,481,200. ng the company's current overhead costing procedures. ng activity-based costing. by the use of machine hours to allocate total manufacturing overhead to production? By how much? e marketing manager is contemplating a $33 discount to stimulate volume. Is this discount advisable? ng the company's current overhead costing procedures. ng activity-based costing. (Round activity based application rates, overhead application and the final answers to 2 decim by the use of machine hours to allocate total manufacturing overhead to production? By how much? (Do not round inte ation follows. g, and product shipping. Data on the number of setups, machine hours, and outgoing shipments, which are the activities' thr final answers to 2 decimal places.) uch? (Do not round intermediate calculations. Round activity based application rates, overhead application and the fina ich are the activities' three respective cost drivers, follow. pplication and the final answers to 2 decimal places.) Redwood Company sells craft kits and supplies to retail outlets and through its catalog. Some of the items are m After studying the costs incurred over the past two years for one of its products, skeins of knitting yarn, Jackson Cost Category Amount Sales commissions $ 796,500 Catalogs 517,000 Cost of catalog sales 198,000 Credit and collection 84,000 Total selling costs $ 1,595,500 The knitting yarn is sold to retail outlets in boxes, each containing 12 skeins of yarn. The sale of partial boxes is n Order Size Catalog Sales Retail Sales Small 1-10 skeins 1-10 boxes Medium 11-20 skeins 11-20 boxes Over 20 skeins Over 20 boxes Large An analysis of the previous year's records produced the following statistics. Small Retail sales in boxes (12 skeins per box) Catalog sales in skeins Number of retail orders Catalogs distributed Order Size Medium Large 5,000 67,500 193,000 94,000 67,000 59,000 635 3,165 6,700 196,400 297,600 152,250 Required: 1. Prepare a schedule showing Redwood Company's total selling cost for each order size and the per-skein sellin Redwood Company Compution of sales costs by order size and per skein within each small Sales commissions Catalogs Cost of calalog sales Credit and Collection Total cost for all orders of a given size Units (skeins) sold Unit cost per order of a given size 15,000 157,120 84,600 5,080 261,800 An analysis of selling costs shows. (You may select more than one answer. Highlight the correct answer ) Management may want to consider offering discounts for large orders. Small orders are preferable to medium sized orders Large orders are preferable to medium sized orders Marketing should be focused on small sized orders log. Some of the items are manufactured by Redwood, while others are purchased for resale. For the products it manufactu ins of knitting yarn, Jackson has selected four categories of selling costs and chosen cost drivers for each of these costs. T Cost Driver Boxes of yarn sold to retail stores Catalogs distributed Skeins sold through catalog Number of retail orders The sale of partial boxes is not permitted. Commissions are paid on sales to retail outlets but not on catalog sales. The cos Total 265,500 220,000 10,500 646,250 er size and the per-skein selling cost within each order size. (Round your intermediate calculations and unit cost per ord od Company tion of sales costs er size and per skein within each order size Order size Medium rect answer ) 202,500 60,300 25,320 238,080 526,200 Large Total 579,000 796,500 53,100 270,520 53,600 163,520 121,800 364,960 807,500 1,595,500 or the products it manufactures, the company currently bases its selling prices on a product-costing system that accounts fo s for each of these costs. The selling costs actually incurred during the past year and the cost drivers are as follows: ot on catalog sales. The cost of catalog sales includes telephone costs and the wages of personnel who take the catalog ord ions and unit cost per order to 2 decimal places.) system that accounts for direct material, direct labor, and the associated overhead costs. In addition to these product costs, s are as follows: who take the catalog orders. Jackson believes that the selling costs vary significantly with the size of the order. Order sizes a to these product costs, Redwood incurs substantial selling costs, and Roger Jackson, controller, has suggested that these s the order. Order sizes are divided into three categories as follows: suggested that these selling costs should be included in the product pricing structure. Total Selling Cost Skeins Sold with catelog Retail Sales in Boxes Skeins sold Total Sleins sold per box Total Skeins Sold Selling cost per Skeins Small Medium Large 261,800 526,200 807,500 94,000 67,000 59,000 5,000 67,500 193,000 12 12 12 60,000 810,000 2,316,000 154,000 877,000 2,375,000 1.70 0.60 0.34 Redwood Company sells craft kits and supplies to retail outlets and through its catalog. Some of the items are m After studying the costs incurred over the past two years for one of its products, skeins of knitting yarn, Jackson Cost Category Amount Sales commissions $ 796,500 Catalogs 517,000 Cost of catalog sales 198,000 Credit and collection 84,000 Total selling costs $ 1,595,500 The knitting yarn is sold to retail outlets in boxes, each containing 12 skeins of yarn. The sale of partial boxes is n Order Size Catalog Sales Retail Sales Small 1-10 skeins 1-10 boxes Medium 11-20 skeins 11-20 boxes Over 20 skeins Over 20 boxes Large An analysis of the previous year's records produced the following statistics. Small Retail sales in boxes (12 skeins per box) Catalog sales in skeins Number of retail orders Catalogs distributed Order Size Medium Large 5,000 67,500 193,000 94,000 67,000 59,000 635 3,165 6,700 196,400 297,600 152,250 Required: 1. Prepare a schedule showing Redwood Company's total selling cost for each order size and the per-skein sellin Redwood Company Compution of sales costs by order size and per skein within each small Sales commissions Catalogs Cost of calalog sales Credit and Collection Total cost for all orders of a given size Units (skeins) sold Unit cost per order of a given size 15,000 157,120 84,600 5,080 261,800 An analysis of selling costs shows. (You may select more than one answer. Highlight the correct answer ) Management may want to consider offering discounts for large orders. Small orders are preferable to medium sized orders Large orders are preferable to medium sized orders Marketing should be focused on small sized orders log. Some of the items are manufactured by Redwood, while others are purchased for resale. For the products it manufactu ins of knitting yarn, Jackson has selected four categories of selling costs and chosen cost drivers for each of these costs. T Cost Driver Boxes of yarn sold to retail stores Catalogs distributed Skeins sold through catalog Number of retail orders The sale of partial boxes is not permitted. Commissions are paid on sales to retail outlets but not on catalog sales. The cos Total 265,500 220,000 10,500 646,250 er size and the per-skein selling cost within each order size. (Round your intermediate calculations and unit cost per ord od Company tion of sales costs er size and per skein within each order size Order size Medium rect answer ) 202,500 60,300 25,320 238,080 526,200 Large Total 579,000 796,500 53,100 270,520 53,600 163,520 121,800 364,960 807,500 1,595,500 or the products it manufactures, the company currently bases its selling prices on a product-costing system that accounts fo s for each of these costs. The selling costs actually incurred during the past year and the cost drivers are as follows: ot on catalog sales. The cost of catalog sales includes telephone costs and the wages of personnel who take the catalog ord ions and unit cost per order to 2 decimal places.) system that accounts for direct material, direct labor, and the associated overhead costs. In addition to these product costs, s are as follows: who take the catalog orders. Jackson believes that the selling costs vary significantly with the size of the order. Order sizes a to these product costs, Redwood incurs substantial selling costs, and Roger Jackson, controller, has suggested that these s the order. Order sizes are divided into three categories as follows: suggested that these selling costs should be included in the product pricing structure. Total Selling Cost Skeins Sold with catelog Retail Sales in Boxes Skeins sold Total Sleins sold per box Total Skeins Sold Selling cost per Skeins Small Medium Large 261,800 526,200 807,500 94,000 67,000 59,000 5,000 67,500 193,000 12 12 12 60,000 810,000 2,316,000 154,000 877,000 2,375,000 1.70 0.60 0.34