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Please Answer 2a thru 2f Required: 1a. For the Assemble and Pack activity: What percentage of the cost is allocated to the Basic Model? What
Please Answer 2a thru 2f
Required: 1a. For the Assemble and Pack activity: What percentage of the cost is allocated to the Basic Model? What percentage of the cost is allocated to the Advanced Model? 1b. For the Machining activity: What percent of the cost is allocated to the Basic Model? What percent of the cost is allocated to the Advanced Model? 1c. For the Order Processing activity: What percent of the cost is allocated to the Basic Model? What percent of the cost is allocated to the Advanced Model? 1d. For the Setups activity: What percent of the cost is allocated to the Basic Model? What percent of the cost is allocated to the Advanced Model? Inul Required: 2a. What percentage of the total overhead cost is allocated to each model using the plantwide approach? (Round your answers to the nearest whole percent.) Ancwar ic romnlata hit not antiraly corrart 2b. Based on the visualization from Part 1, what percentage of the Assemble and Pack activity cost was allocated to each model using the ABC approach? (Round your answers to the nearest whole percent.) Required: 2a. What percentage of the total overhead cost is allocated to each model using the plantwide approach? (Round your answers to the nearest whole percent.) 2b. Based on the visualization from Part 1, what percentage of the Assemble and Pack activity cost was allocated to each model using the ABC approach? (Round your answers to the nearest whole percent.) (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2c. Which of the following statements is true? The answers to requirements 2a and 2b dlffer from one another because the allocation base in each instance is machine-hours. The answers to requirements 2a and 2b differ from one another because the allocation base in each instance is direct labor-hours. The answers to requirements 2a and 2b are the same because the allocation base in each Instance is direct labor-hours. 2d. Based on a review of the visualizations from parts 1 and 2 , which of the following statements is true? The percentage of the order processing costs that is allocated to the Advanced model using the ABC approach equals the percentage of ALL overhead costs that is allocated to this model using the plantwide approach. The ABC system allocates a lower percentage of the order processing costs to the Advanced model than the percentage of ALL overhead costs that is allocated to this model using the plantwide approach. The ABC system allocates a higher percentage of the order processing costs to the Advanced model than the percentage of ALL overhead costs that is allocated to this model using the plantwide approach. 2e. Based on a review of the visualizations from parts 1 and 2 , which of the following statements is true? The percentage of the setups cost that is allocated to the Advanced model using the ABC approach equals the percentage of ALL overhead costs that is allocated to this model using the plantwide approach. The ABC system allocates a lower percentage of the setups cost to the Advanced model than the percentage of ALL overhead costs that is allocated to this model using the plantwide approach. The ABC system allocates a higher percentage of the setups cost to the Advanced model than the percentage of ALL overhead costs that Is allocated to this model using the plantwide approach. 2f. Based on a review of the visualizations from parts 1 and 2 , which of the following statements is true? The plantwide approach overcosts the higher volume product (the Basic model) and undercosts the lower volume product (the Advanced model). The plantwide approach overcosts the lower volume product (the Basic model) and undercosts the higher volume product (the Advanced model). The plantwide approach undercosts the higher volume product (the Basic model) and overcosts the lower volume product (the Advanced model). The plantwide approach undercosts the lower volume product (the Basic model) and overcosts the higher volume product (the Advanced model)Step by Step Solution
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