Please give me the answers of these short questions because i cant understand them at all
QUESTION NUMBER 1 Installation Budgeted overhead 300,000 Budgeted labor hours 2,000 Product A Direct labor hours per unit: 2.0 Installation 1.0 Inspection 1 .0 Units 1,000 Elevator Co. makes two product models, A and B, and provides both installation and inspection services for its customers. Budgeted information Is above mentioned. Inspection 210,000 3,000 Product B 1.5 0.5 1.0 2,000 Total 510,000 5,000 Total 5,000 2,000 3,000 3,000 The company uses a departmental method to allocate overhead in each of the two cost pools installation and inspection. How much overhead per unit is allocated to product B if the company uses direct labor hours as the allocation base? QUESTION NUMBER 2 Budgeted manufacturing overhead Budgeted direct labor costs Budgeted machine hours Budgeted overhead rate per direct labor $ Budgeted overhead rate per machine hour Actual direct labor costs: Product A Product B Actual machine hours: Product A Product B Assembly 50,000 200,000 0.25 1 60,000 40,000 Testing 80,000 40,000 2 30,000 10,000 Sensor Co. makes two products: A and B. Each product goes through the assembly department and the testing department. Budgeted information is given above The controller of Sensor Co., after taking Managerial Accounting, has decided to implement an ABC system in the assembly department. She identifies the following three cost pools and cost drivers: Cost pool Costs Cost driver Product A Product B Setup of machines 10,000 Number of setups 40 60 Parts Assembly 20,000 Number of parts 150 250 Receiving & handling of materials 20,000 Pounds of materials 5 5 Total overhead 50,000 What is the allocation rate for the parts assembly step (the second cost pool in the table, not the total costs in the department)? Cost pool Costs Cost driver Product A Product B Setup of machines 10,000 Number of setups 40 60 Parts Assembly 20,000 Number of parts 150 250 Receiving & handling of materials 20,000 Pounds of materials 5 5 Total overhead 50,000Cost pool Costs Cost driver Product A Product B Setup of machines 15,000 Number of setups 33 42 Quality Control 48,000 Machine hours 15,000 25,000 Receiving & handling of materials 17,000 Direct labor hours 450 400 Total overhead 80,000 Cost pool Costs Cost driver Audit Tax Other services Internal Training Overhead 150,000 Length of training sessions x number of conference rooms occupied 640 510 350 IT support 400,000 Number of tickets 1,200 500 300 Researching and interpreting policies and regulations 180,000 Direct labor hours 550 450 200 Total overhead 730,000Cost pool Costs Cost driver Audit Tax Other services Internal Training Overhead 150,000 Length of training sessions x number of conference rooms occupied 640 510 350 T support 400,000 Number of tickets 1,200 500 300 Researching and interpreting policies and regulations 180,000 Direct labor hours 550 450 200 Total overhead 730,000 Cost pool Costs Cost driver Small Medium retailer retailer Ordering 300,000 Number of orders 8,000 4,000 Delivery 750,000 Number of deliveries 10,800 4,200 Customer Service 1,200,000 Number of products sold 320,000 480,000 Total overhead 2,250,000What is the average total overhead cost per Qroduct sold to small and medium retailers? (Assuming every item sold requires certain involvement of customer service)
