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Please provide the solutions with steps please! We are analyzing 2 products - product X and product Y. (45 points) Product X requires 2 Part

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We are analyzing 2 products - product X and product Y. (45 points) Product X requires 2 Part As and 3 Part B's. 4 10- 12 Product Y requires 4 Part A's and 2 Part B's.( 14 40 ky The standard cost for Part A is $10 per unit.P AQ 4900 The standard cost for Part B is $25 per unit. AP . 411 During this month, the company purchased 50,000 units of Part A Ap $ 11 SQ 5000 A for $550,000 (there was no beginning balance). SP During this month, the company purchased 100,000 units of Part B: Ap $ 24 B for $2,400,000 (there was no beginning balance) During the month the company produced 500 Xs and 1000 Y's. B AQ: 3600 During the month the company used 4900 units of Part A and A : AQ 4910 AP . $24 3600 units of Part B. BL AQ 3680 SQ. Factory payroll was $391,950 with 19,500 hours (this is actual 3500 direct labor only). Actual Cost AH SP: $75 X uses 10 standard direct labor hourssy (ox soo + 15x1080 : 20, 100 Out Y uses 15 standard direct labor hours, hunt+ . isk / unit - Labor standard cost is $20 per hour. SR : 420 /h hint: for production of both X and Y A = This is for scratch only. Put your answers IN THE SPACE PROVIDED. AQXAP SQ XSP 4900 X11 AQXSP $3900 4900 *10 food xto 49,090 50,0ou a. What is the use variance for Part A? (hint: for production of both X and pricev. Quantity V. 4,900 U 1.00 0 F Y)? 1,000 F 3.90D u B AQ XAP ARXSP SQx SP 3600 x 24 3600x 35 3500 X25 87, too b. What is the use variance for Part B (hint: for production of both X and Y)? 86400 90,00 b 2500 U 3600 F 2500 U 1100 F c. What is the price variance for Part A (hint: for production of both X and Y ) ? 4. 900 UII. Use the information given in Problem I. (45 Points) Department Use standard cost information for all calculations except as noted below Production $Costs Finishing $15,000 $8,500 Activity Cost Driver Direct labor hours Packaging Units of standard direct $9,000 material $ 32,500 Completed units a. What are the per unit direct material costs for X and for Y (based on standards)? X : 2 x $10 + 3 x$25 = $95 Y : 4 * $10 + 2 * $25 =$ 90 b. What are the per unit direct labor costs for X and for Y? (based on standards)? X : loh unit * $20 = $ 200 / unit Y : 15 h unit x $20 h = $ 300 / unit . c. Use the data to allocate the Production costs between Product X and Y based on projections (e.g., standards) (5 points) X : $ 3, 750 Y= $ 11, 250 d. Use the data to allocate the Finishing costs between Product X and Y based on projections (e.g., standards) (5 points) X: $5, 000 Y: $ 3, 500 e. Use the data to allocate the Packaging costs between Product X and Y based on projections (e.g., standards) (5 points) X: $ 3,000 Y= $ 6,000Name f . Class time: Y? What is the total allocated overhead cost for Product X and for Product X : $ 11, 750 Y : $ 20, 750 g. What is the total unit cost of X and Y using ABC allocation? X : $ 318. 5 Y: $410.75 h. Use plant-wide allocation based on direct labor hours. What is the total allocated overhead cost for Product X and for Product Y? X : $ 8, 125 Y : $ 24, 375 i. What is the total unit cost of X and Y using plant-wide allocation? X : $ 311. 25 9: $ 414. 375

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