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Please do step by step solution in detail please. Problem 1 Sanney Corporation manufactures two products: Product G 5 1 B and Product E 4
Please do step by step solution in detail please.
Problem
Sanney Corporation manufactures two products: Product GB and Product EX The
company uses a plantwide overhead rate based on direct laborhours. It is considering
implementing an activitybased costing ABC system that allocates all of its manufacturing
overhead to four cost pools. The following additional information is available for the company
as a whole and for Products GB and EX
Required:
a What is the company's plantwide predetermined overhead rate?
What is the total amount of manufacturing overhead that is allocated to Product GB
What is the total amount of manufacturing overhead that is allocated to Product EX
b Using the activitybased costing system, what is the activity rate for machining?
Using the activitybased costing system, what is the activity rate for machine setups?
Using the activitybased costing system, what is the activity rate for product design?
Using the activitybased costing system, what is the activity rate for order size?
Using the activitybased costing system, what is the total amount of manufacturing
overhead that is allocated to Product GB
Using the activitybased costing system, what is the total amount of manufacturing
overhead that is allocated to Product EX
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