Points 9 Submitting an external tool Attempts 1 US Hemp System Announcements ES Problem 17-01A a-e Combat Fire, Inc. manufactures steel cylinders and nozzles for two models model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chem direct labor hours are 96,300 or [1.5 hours x (54,000 + 10,200)). Estimat ($1,575,500 = 96,300) per direct labor hour. The direct materials cost per per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost E By Activity Cost Pools Receiving Forming Assembling Testing Painting Packing and shipping Cost Drivers Pounds Machine hours Number of parts Number of tests Gallons Pounds Estimated Overhead $87,100 151,900 410,130 53,040 52,580 820,750 $1,575,500 Under traditional product costing, compute the total unit cost of each product Home Model Commercial Model Total unit cost S Close Google Password Required Enter your password for "daltonguthrie444" in Internet Accounts. Continue Close New Arrival for Guest www.netflix.com Behind Her Eyes is now on... More empts 1 Available Close Kian Lawley & Franny Arri... www.youtube.com Recommended: kians gami. Settings Close TASKED MY CRUSH TO B... www.youtube.com Recommended: Dominic Br. Settings bishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home multi-purpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 SI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual anufacturing overhead is $1,575,500. Thus, the predetermined overhead rate is $16.36 or O for the home model and $26.50 for the commercial model. The direct labor cost is $19 accumulated overhead by cost pool as follows. Estimated Use of Drivers by Product Use of Ters 35,000 35,000 2417,000 25,500 5,258 335,000 Home 215,000 27,000 165,000 15,500 3,680 215,000 Commercial 120,000 8,000 52,000 10,000 1,578 120,000 d answers to 2 decimal places, e.9. 12.50.) Kimmel, Accounting, 7e Help System Announcements Problem 17-01A a-e Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguishem model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi-purpose dry chemical at 480 PS units), two gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours direct labor hours are 96,300 or (1.5 hours x (54,000 + 10,200)). Estimated annual manufacturing overhead is $1,575,500 ($1,575,500 +96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost drivers and accumulated overtiead by cost pool as Estimated Use of Drivers by Product Estimated Use of Activity Cost Pools Cost Drivers Estimated Overhead Cost Drivers Home Commercial Receiving Pounds $87,100 335,000 215,000 120,000 Forming Machine hours 151,900 35,000 27,000 8,000 Assembling Number of parts 410,130 217,000 165,000 52,000 Testing Number of tests 53,040 25,500 15,500 10,000 Painting Gallons 52,580 5,258 3,680 1,578 Packing and shipping Pounds 820,750 335,000 215,000 120,000 $1,575,500 Under traditional product costing, compute the total unit cost of each product. (Round answers to 2 decimal places, e.g. Home Model Commercial Model Total unit cost Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round over Estimated Activity Cost Pool Estimated Activity-Based Overhead Use of Cost Drivers Overhead Rate Receiving Pounds per pound MacBook Air > F5 F7 FB MEWORK Points 9 Submitting an external tool Attempts 1 Allowed Attempts 1 Availabl S Kimmel, Accounting, 7e Help System Announcements Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Ro Estimated Activity Cost Pool Estimated Activity-Based Overhead Use of Cost Drivers Overhead Rate Receiving Pounds $ per pound Forming Machine hours per machine hour S Assembling Parts 5 per part Testing Tests 5 per test Painting Gallons $ per gallon Packing and shipping Pounds per pound Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Roum 12.25 and cost assigned to o decimal places. e.g. 2,500.) Home Model Co Estimated Use of Activity-Based Estimated Use of Activity Cost Pool Drivers Overhead Rates Cost Assigned Drivers Receiving $ Forming 5 Assembling 5 Testing Painting www.youtube.com Recommended in garri IS Kimmel, Accounting, 7e I ASKED MY CRUSH TO E... www.youtube.com Recommended: Dominic Br. Prepare a schedule assigning each activity's overheu cost pool to each product based on the use of cost drivers. (Round overhead cost per unit to 2 decimal place 12.25 and cost assigned to o decimal places, 6.9. 2,500.) Home Model Commercial Model Estimated Use of Activity-Based Estimated Use of Activity-Based Activity Cost Pool Drivers Overhead Rates Cost Assigned Drivers Overhead Rates Cost Assigned Receiving Forming Assembling Testing Painting $ Packing and shipping Total costs assigned (a) Units produced (5) Overhead cost per unit [(a) + (b)] $ Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, c.9. 12.25.) Home Model Commercial Model Total cost per unit s Classify each of the activities as a value-added activity or a non-value-added activity, PLUS Help 1 System Announcements Kimmel, Accounting, 7e Help System Announcements OURCES 3 Units produced (b) Overhead cost per unit [(a) + (b)] are Compute the total cost per unit for each product under ABC. (Round answer to 2 2.b1- Home Model Commercial Model Total cost per unit $ Y Study Classify each of the activities as a value-added activity or a non-value-added activit Activity Receiving Forming Assembling Testing Painting Packing and shipping Click If you would like to Show Work for this question: Open Show Work