Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please fill the chart jn the exact format that it is layed out. thank you. Way Cool produces two different models of air conditioners. The
please fill the chart jn the exact format that it is layed out. thank you.
Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Quantity 800 Process Activity Components Changeover Machining Setups 6,000 120 Finishing Welding Inspecting Rework Overhead Cost Driver $ 500,000 Number of batches 279,000 Machine hours 225,000 Number of setups $1,004,000 $ 180,300 Welding hours 210,000 Number of inspections 75,000 Rework orders $ 465,300 $ 135,000 Purchase orders 32,000 Number of units 65,000 Number of units $ 232,000 3,000 700 300 Support Purchasing Providing space Providing utilities 450 5.000 5,000 Additional production Information concerning its two product lines follows Model 145 Model 212 Units produced 1,500 3,500 Welding hours 800 2,200 Batches 400 400 Number of inspections 400 300 Machine hours 1,800 4,200 Setups 60 60 Rework orders 160 140 Purchase orders 300 150 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $180 for Model 212. Activity Driver Plantwide OH rate Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Total Overhead Cost $ $ 0 0 Model 145 Model 212 0 3. If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. Model 145 Model 212 Market price Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started