Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLEASE HELP. ACOUNTING 2. The following data are for the two products produced by Tadros Company. Product A Product B Direct materials $ 15 per
PLEASE HELP. ACOUNTING 2.
3 Check my world The following data are for the two products produced by Tadros Company 70 points Direct materials Direct labore hours Machine hours Datches Volume Engineering modifications Number of customers Market price Product $15 per unit 0.3 E per unit 0.1 M per unit 125 batches 10.000 unita 12 modifications 500 customer $30 per unit eBook Product $24 per unit 1.6 D per unit 1.2 m per unit 225 batches 2,000 unita 58 modificatione 400 customer $120 per unit References The company's direct labor rate is $20 per direct labor hour (DLH). Additional information follows Coats Dever Indirect manufacturing nginting support slectricity fetup coat Nonansturing Customer service $24.500 Ingineering modifications 34.000 Machine hours 52,500 Batohe 81,000 Number of customers Required: (Loss amounts should be indicated with minus sign. Round your per unit cost answers to 2 decimal places.) 1. Computo the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. 0 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost OH Cost per Units Produced unit Product A Product B Product A Product B 1.2 What is the gross profit per unit? Product A Product B 1.2 What is the gross profit per unit? Product A Product B Market price Gross profit per unit 2.1 How much gross profit is generated by each customer of Product A and Product B using the plantwide overhead rate? Product A Product B Gross profit per unit Units purchased per customer Gross profit per customer 2.2 What is the cost of providing customer service to each customer? 0 www. 3 Check my work points el ? Is the gross profit adequate for each customer of Product A and B using the plantwide overhead rate? Product A Products Gross prolt per customer Customer service cost per customer Profit (ss) per customer Is the profit adequate? 13.1 Datermine the manufacturing cost per unit of each product line using AB Engineering Support ol References Electricity Setup 0 Overhead Assigned Activity Driver Activity rate Total Overhead Cout Product A Engineering support Electricity Setup 5 0 Overhead Assigned Activity Driver Activity rate Total Overhead Cost Product A Engineering support Electricity Setup $ 0 Product B Engineering support Electricity Setup $ 0 Product A Product B Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit The following data are for the two products produced by Tadros Company.
Product A | Product B | ||||
Direct materials | $ | 15 per unit | $ | 24 per unit | |
Direct labor hours | 0.3 DLH per unit | 1.6 DLH per unit | |||
Machine hours | 0.1 MH per unit | 1.2 MH per unit | |||
Batches | 125 batches | 225 batches | |||
Volume | 10,000 units | 2,000 units | |||
Engineering modifications | 12 modifications | 58 modifications | |||
Number of customers | 500 customers | 400 customers | |||
Market price | $ | 30 per unit | $ | 120 per unit | |
The company's direct labor rate is $20 per direct labor hour (DLH). Additional information follows.
Costs | Driver | |||
Indirect manufacturing | ||||
Engineering support | $ | 24,500 | Engineering modifications | |
Electricity | 34,000 | Machine hours | ||
Setup costs | 52,500 | Batches | ||
Nonmanufacturing | ||||
Customer service | 81,000 | Number of customers | ||
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