PLEASE HELP WITH QUESTIONS #2 AND #4
Total Overhead & Consumption Ratios Activity Rate&Overhead Costs Instructions Tristar Manufacturing produces two types of battery-operated toy soldiers: infantry and special forces. The soldiers are produced by using one continuous process. Four activities have been identified: machining, setups, receiving, and packing. Resource drivers have been used to assign costs to each activity. The overhead activities, their costs, and the other related data are as follows: Product Infantry Special Forces Costs Machine Hours Setups Receiving Orders Packing Orders 20,100 20,100 $76,380 $28,848 360 720 1,500 750 $27,675 120 80 $14,560 Required Required: 1. Calculate the total overhead assigned to each product by using only machine hours to calculate a plantwide rate. (Round overhead rate answer to two decimal places and other answers to the nearest dollar.) 2. Calculate consumption ratios for each activity. (Round to two decimal places.) 3. Calculate a rate for each activity by using the associated driver. (Round to two decimal places.) 4. Assign the overhead costs to each product by using the activity rates computed in Requirement3. 5. CONCEPTUAL CONNECTION: Comment on the difference between the assignment in Requirement 1 and the activity-based assignment Instructions Total Overhead & Consumption Ratios Shaded cells have feedback. 1. Calculate the total overhead assigned to each product by using only machine hours to calculate a plantwide rate. (Round overhead rate answer to two decimal places and other answers to the nearest dollar.) The overhead rate is $3.67Vper machine hour. Points: 1/1 The total overhead assigned to the infantry product is $73,767.00 Points: 1/1 The total overhead assigned to the Special Forces product is $73,767.00 2. Calculate consumption ratios for each activity (Round your answers to two decimal places.) Consumption Ratios Overhead Activity Machining Setups Receiving Packing nfantry Special Forces Points 0/8 Instructions Total Overhead & Consumption Ratios Activity Rate & Overhead Costs Activity Rate & Overhead Costs Shaded cells have feedback. 3. Calculate a rate for each activity by using the associated driver. Machining Setups: Receiving: Packing: $1.90per machine hour $60.10 per setup 18.20V per receiving order $12.30 per packing order hc Points:4/4 4. Assign the overhead costs to each product by using the activity rates computed in Requirement 3. Shaded cells have feedback. X Activity Rate & Overhead Costs 4. Assign the overhead costs to each product by using the activity rates computed in Requirement 3. Tristar Manufacturing Score: 0/38 Overhead Assignment Infantry Special Forces 2 Machining 3 Setups 4 Receiving 5 Packing 6 Total
