PLEASE SOLVE FOR QUESTIONS G, H, I, AND J

Prompt in 3.1 Metal Smiths Co. mazufacturers and sells machinery parts. The Company has four main, but 2.caicuate the Overhead Application Rate if Metal Smiths Co. were to use a single application rate. Single Rpplitationrate=totaloyethrwicost/torkithotunitsplodered.=$92,840/101,670=30.57 B. Calculate the Overiead Application Rates if Metal Smiths Co, were to use an activity-based costing method for each product. (Be sure to identify which nate is for each product). C. Which do you think is a better costing method for Metal Smiths Co. - Single Application Rate or Activity-Based Costing? Why? Which products are over costed or under costed using the single application rate (relative to Activity-Based Costing)? Activity-based costing is a better costing method because difletent products have diffeient cost drivess 50 activity - bused costiny helps in bether understanding the cost diviveis more accurately. The bottsy tool chests, and aluminum sheeting are underprited sinte the single application rate is 0.57 and the activity-based cast rate ts more than that. The screws are orerpriced became the Single applicatiu rate is 0.57 and the activity-bared cast rate is 0.40 which is For Questions D. E, and F, assume the following per unit costs for diect materials and direct labor. A F. Please calculated the per unit profit margin for each product? Which nno nmanat Drofit maroin? F. If all units produced ane sold, is the product with the highest per unit margin the most profitable product for the combanv? Whu ar whunat? number bf units produceth is net mure in purnloer The highest profitable generates more profit. G. Assume that instead of the Expected Overhead Costs originally noted, Overhead Costs are allocated to units based on two different labor-based activity bases: Welding and Fabrication. Overhead costs applied via welding are allocated to all units based on total per hour labor costs. day. Estimate the total are allocated to all units based on the number of units assembled for the using the following alloeation overts for each produet again when applying overheads costs H. Based on your answers to Part G, which product has the largest change in total overhead costs (positive or negative)? What contributes most to the change? I. Based on your answers to Part Gabove, Estimate the per unit costs for each product again when applying the new overheads coste. (Note: Assume the same production units. Direct Material Costs, and Direct Labor Costs from Parts A - F: Only Overhead Costs change as part of Part G.) J. Based on yout answers to Part G and Part H, which product has the largest change in per unit price (positive or negative)? What contributes most to the change