Question 1 of 2 1.83/5 Show Attempt History Current Attempt in Progress Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units, half-gallon cylinder that holds 2 1/2 pounds of multi- purpose dry chemical at 480 PSL. The commercial model is a low volume (10.200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or 1.5 hours 154.000 - 10.2001). Estimated annual manufacturing overhead is $1.577 308. Thus, the predetermined overhead rate is $16.38 or ($1.577,308 +96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 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 overhead by cost pool as follows. Estimated Use of Drivers by Product 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 $83.750 152.950 407.960 54,060 57,838 820,750 $1.577,308 Estimated Use of Cost Drivers 335,000 35.000 217.000 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 Your answer is incorrect Under traditional product casting compute the total unit cost of each product. (Round answers to 2 decimal places es 12.50) Home Model Commercial Model Total unit cost $ $ e Textbook and Media Question Part Score 0/1 On 2 Question Part Score * Your answer is incorrect Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Round overhead cost per unit to 2 decimal places, eg, 12.25 and cost assigned to decimal places, es 2.500) Activity Cost Pool Estimated Use of Drivers Home Model Activity-Based Overhead Rates Cost Assigned Estimated : Drivers Receiving $ Forming $ Assembling $ Testing $ $ $ Painting Packing and shipping Total costs assigned Units produced (5) Overhead cost per unita) bil TONE e Textbook and Media Question Part Score 0/1 x Your wwer is incorrect Compute the total cost per unit for each product under AC. Round answer to 2 decimal places, s. 12:25 ada 000 14 1/1 Question Part Score Your answer is incorrect Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Round overhead cost per unit to 2 decimal places.es 12.25 and cost assigned to O decimal places, es 2,500) Estimated Use of Drivers Commercial Model Activity Based Overhead Rates Cost Assigned Cost Assigned 5 $ $ 5 e Textbook and Media 01 Question Part Score X Your answer incorrect Compute the total cost per unit for each product under ABC. Round answer to 2 decimal placeres 12.25) 20 000 ODO 2 Question 1 of 2 1.83/5 Question Part Score 0/1 x Your answer is incorrect Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, eg 12.25.) Home Model Commercial Model Total cost per unit eTextbook and Media Question Part Score 0/1 Your answer is partially correct. Classily each of the activities as a value-added activity or a non-value-added activity Activity Receiving Non ve added Forming Value-added v Assembling Value-added Testing Non-value-added Paintings Value-added Packing and shipping Value-added eTextbook and Media Question Part Score 0.83/1 Save for Le Attempts: 1 of 5 used Submit
