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please help answer this question Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two produets follow Direct Labor-Hours per Unit 2.50 0.10
please help answer this question
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two produets follow Direct Labor-Hours per Unit 2.50 0.10 Hubs Sprockets Annual Production 17,000 units 47,000 units Additional information about the company follows: a. Hubs require $30 in direct materials per unit, and Sprockets require $15 b. The direct labor wage rate is $15 per hour. c Hubs require special equipment and are more complex to manufacture than Sprockets d. The ABC system has the following activity cost pools Activity Sprockets 112 Total 252 3,900 NA Estimated Overhead Activity Cost Pool activity Measure) Cost Machine setups (number of setups) $ 32,760 140 Special processing (nachine-hours) $ 136,500 3,10 General factory (organization-sustaining) $ 93,100 MA Required: 1. Compute the activity rate for each activity cost pool 2. Determine the unit product cost of each product according to the ABC system Complete this question by entering your answers in the Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Special processing Activity Rate per setup per MH Rome Complete this question by entering your answers i Required 1 Required 2 Determine the unit product cost of each product according eath your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost $ 0.00 $ 0.00 Step by Step Solution
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