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please answer all of the following Problem 17-02A a, b1-b2 (Video) Waterway Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,530,

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Problem 17-02A a, b1-b2 (Video) Waterway Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,530, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. 100 Traditional Costing Royale Majestic Direct materials $690 $410 Direct labor ($20 per hour) 120 Manufacturing overhead (541 per DLH) 246 205 Total per unit cost $1,056 $715 In 2020, Waterway manufactured 25,000 units of the Royale and 10,000 units of the Majestic. The overhead rate of 541 per direct labor hour was determined by dividing total estimated manufacturing overhead of $8,254,100 by the total direct labor hours (200,000) for the two models Under traditional costing, the gross profit on the models was Royale $474 ($1,530 - $1,056) and Majestic 560 ($1,320 - $715). Because of this difference, management is considering phasing out the Royale model and increasing the production of the Majestic model Before finalizing its decision, management asks Waterway's controller to prepare an analysis using activity based costing (ABC). The controller accumulates the following information about overhead for the year ended December 31, 2020 Activity Estimated Estimated Use of Activity Based Cost Pools Cost Drivers Overhead Cost Drivers Overhead Rate Purchasing Number of orders $1,264,800 40,000 $31/order Machine setups Number of setups 1,006,500 18,300 $55/setup Machining Machine hours 5,142,800 119,600 $43/hour Quality control Number of inspections 840,000 28,000 $30/inspection The cost drivers used for each product were: Cost Drivers Purchase orders Machine setups Machine hours Inspections Royale 18,000 6,000 74,000 11,000 Majestic 22,800 12,300 45,600 17,000 Total 40,800 18,300 119,600 28,000 Assign the total 2020 manufacturing overhead costs to the two products using activity based costing (ABC) and determine the overhead cost per unit. (Round cost per unit to 2 decimal places, 2.9. 12.25.) Royale Majestic Total assigned costs $ s Cost per unit $ $ LINK TO TEXT VIDEO SIMILAR PROBLEM Calculate cost per unit of each model using ABC costing (Round answers to 2 decimal places, ... 12.25.) Royale Majestic Cost per unit LINK TO TEXT VIDEO SIMILAR PROBLEM Calculate gross profit of each model using ABC costing (Round answers to decimal places, ag. 12.25.) Royale Majestic Gross pront Click if you would like to show Work for this question Open Show Work LINK TO TY VIDEO, SEMILAR

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