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please answer 3.1-3.2 Question 3 Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers, the deluxe and the
please answer 3.1-3.2
Question 3 Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers, the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100 000 800 000 Selling price R900 R750 Unit prime cost R529 R483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity name Setups Regular 200 Activity cost R2 000 000 Machining Engineering Activity driver Deluxe Number of 300 setups Machine hours 100 000 Engineering 50 000 hours Packing orders 100 000 300 000 100 000 R80 000 000 R6 000 000 Packing 400 000 R100 000 Required: 3.1 Calculate the overhead rates for each activity. (Round off to two decimal places) 3.2 Calculate the per unit product cost for each product. (Round off to the nearest rand)Step by Step Solution
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