QUESTION 1 P Flag question Marked out of 25.00 Not yet answere d Traditional Product Costing Versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $252,000, consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $69,000 Setup hours 1,500 Materials handling Number of moves 39,000 300 120,000 Assembly hours Assembly 12,000 Maintenance 24,000 Maintenance hours 1,200 Total $252,000 Total direct labor hours used during the month were 8,000. Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model Z205 Units produced 1,000 1,000 Direct materials costs $39,000 $39,000 $36,500 Direct labor costs $36,500 Direct labor hours 500 500 Setup hours 50 100 Materials moves 25 50 Assembly hours 800 800 Maintenance hours 10 40 a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round rate to two decimal places. Overhead rate per direct labor hour a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round rate to two decimal places. Overhead rate per direct labor hour Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed. X301 z205 Direct materials $ Direct labor Overhead cost Total cost Units Per unit cost b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. Assembly setups per setup hour Materials handling $ per move Assembly per assembly hour Maintenance per maintenance hour Round cost per unit to two decimal places, if needed. Z 5 X301 $ Direct materials cost Direct labor cost Manufacturing overhead costs: Assembly setup Materials handling Assembly Maintenance Total cost Units Per unit cost QUESTION 2 PFlag question ot yet answered Marked out of 25.00 Dudley Manufacturing shows the following information: Inventories: Beginning Ending Materials $ 59,000 $ 22,000 Work in process Finished goods 61,000 103,000 58,000 49,000 Other Information: Direct Labor 150,000 Factory Insurance Factory taxes Factory utilities 25,000 Indirect Labor 31,000 10,000 Cost of material purchased 152,000 18,000 Z 5 X301 $ Direct materials cost Direct labor cost Manufacturing overhead costs: Assembly setup Materials handling Assembly Maintenance Total cost Units Per unit cost QUESTION 2 PFlag question ot yet answered Marked out of 25.00 Dudley Manufacturing shows the following information: Inventories: Beginning Ending Materials $ 59,000 $ 22,000 Work in process Finished goods 61,000 103,000 58,000 49,000 Other Information: Direct Labor 150,000 Factory Insurance Factory taxes Factory utilities 25,000 Indirect Labor 31,000 10,000 Cost of material purchased 152,000 18,000
