Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help Saved Help 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 0

please help image text in transcribed
image text in transcribed
Saved Help 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 0 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $310 for Mo $170 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH C. Model 145 0 $ $ Model 212 0 Model 145 Model 212 0 3. If the market price for Model 145 is $733 and the market price for Model 212 is $450, determine the profit or loss per unit for em model. Model 145 Model 212 Market price 810 way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, an 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 decim places.) Process Activity Overhead Cost Driver Components Changeover Quantity $453,500 Number of batches Machining 301,800 Machine hours 7,590 Setups 227,000 Number of setups 220 $982,300 Finishing Welding $ 188,200 Welding hours 4,000 Inspecting 220,000 Number of inspections 835 Rework 68,888 Rework orders 190 $461,080 Support Purchasing $ 137,500 Purchase orders 503 Providing space 31,150 Number of units 4,200 Providing utilities 60, 160 Number of units 4,200 $ 228,810 Additional production Information concerning its two product lines follows, Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,400 1,200 405 490 2,290 110 120 335 Model 212 2,800 2,800 485 345 5,380 110 70 168

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions