po Several years afar renging production King Corphired a new controller, Tammy English She developed an ABC yem very similar to the are used by King's the Wester. Part of the memon English did the ABC was that King profits had been declining even though the company had shifted its product toward the product that had and most profitable under the oldem Before doing the new ABC King had seda plantwide ved based on iwo hours that was developed years ago Ce the icon to view the overhead costs and budgeted data) Rent Requirement 1. Compute the grows profiter whol margens rely on the ABC code Begin typing the total cos Data Table Total cost per unit using ABC data Standard Der Manufacturing Overhead Costs per Unit Standard Dalius AN 1 212.70 1 230143 3446 Thewing debuted for the company Stand and emotionele Standard 450001 11000 Ovem per wel 12.00 Obuwie 4840 1000 Newcome the most Mina Grossparun ABC date Standard Dale Done Choose from many number in the outsid the continente Several years after reengineering its production process, King Corp. hired a new controller, Tammy English. She developed an ABC system very similar to the one used by King's chief rival, Westriver. Part of the reason English developed the ABC system was that King's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, King had used a plantwide overhead rate based on direct labour hours that was developed years ago. (Click the icon to view the overhead costs and budgeted data.) Requirements Requirement 1. Compute the gross profit per wheel if managers rely on the ABC unit cost data, Begin by computing the total costs. King Total cost per unit using ABC data Standard Deluxe Total manufacturing cost Now compute the gross profit. King Gross profit per unit using ABC data Choose from any list or enter any number in the input fields and then continue to the next question Several years after reengineering its production process, King Corp. hired a new controller, Tammy English. She developed an ABC system very similar to the one used by King's chief rival, Westriver. Part of the reason English developed the ABC system was that King's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, King had used a plantwide overhead rate based on direct labour hours that was developed years ago. Click the icon to view the overhead costs and budgeted data.) Requirements Now compute the gross profit. King Gross profit per unit using ABC data Standard Deluxe Gross profit Requirement 2. Compute the gross profit per wheel if the managers rely on the plantwide allocation cost data. Begin by computing the total manufacturing costs. King Total cost per unit using plantwide overhead rate Standard Deluxe Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 2. Compute the gross profit per wheel if the managers rely on the plantwide allocation cost data. Begin by computing the total manufacturing costs. King Total cost per unit using plantwide overhead rate Standard Deluxe Total manufacturing cost Now compute the gross profit per wheel if the managers rely on the plantwide allocation cost data. King Gross profit per unit using plantwide overhead rate Standard Deluxe Choose from any list or enter any number in the input fields and then continue to the next question, Several years after reengineering its production process, King Corp. hired a new controller, Tammy English. She developed an ABC system very similar to the one used by King's chief rival, Westriver. Part of the reason English developed the ABC system was that King's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, King had used a plantwide overhead rate based on direct labour hours that was developed years ago. (Click the icon to view the overhead costs and budgeted data.) Requirements Now compute the gross profit per wheel if the managers rely on the plantwide allocation cost data, King Gross profit per unit using plantwide overhead rate Standard Deluxe Gross profit cost Requirement 3. Which product line is more profitable for king? The standard model is the deluxe model. Activity-based costing data generally are data generated by a plantwide overhead allocation rate ABC systems have cost categories (activities), each with its own allocation base. ABC cost assignments represent the cost of resources consumed to manufacture (and support) products Requirement 4. Why might controller Tammy English have expected ABC to pass the cost-benefit test? Were there any warning Choose from any list or enter any number in the input fields and then continue to the next question Requirement 4. Why might controller Tammy English have expected ABC to pass the cost-benefit test? Were there any warning signs that King's old direct-labour-based allocation system was broken? The ABC system is likely to pass the cost-benefit test because King manufactures The old cost system appears "broken" because profits have been declining even though the company Shoose from any list or enter any number in the input fields and then continue to the next question. i i Data Table Manufacturing Overhead Costs per Unit Standard Deluxe ABC costs $ 212.70 $ 368.80 Plantwide overhead rate $ 236.54 $ 344.96 The following data are budgeted for the company's Standard and Deluxe models for next year: activiti manu Standard Deluxe $ 450.00 $ 610.00 Were Sale price per wheel Direct materials per wheel Direct labour per wheel 32.00 47.25 45,40 50.00 Print Done