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Question 8 I need help with all parts (A & B) of question 8. Any help would be much appreciated! Thanks! E19.24.Stat Question 8 Not

Question 8

I need help with all parts (A & B) of question 8.

Any help would be much appreciated! Thanks!

image text in transcribed
E19.24.Stat Question 8 Not yet answered Marked out of 2.00 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 $318,200 consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $ 66,000 Setup hours 2,000 Materials handing 32,400 Number of moves 600 Assembly 180,000 Assembly hours 18,000 Maintenance 39,800 Maintenance hours 1,990 Total $318,200 Total direct labor hours used during the month were 14,800. Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model 2205 Units produced 1,500 1,500 Direct materials costs $22,000 $22,000 Direct labor costs $17,000 $17,000 Direct labor hours 700 700 Setup hours 60 120 Materials moves 30 60 Assembly hours 900 900 Maintenance hours 20 80 Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Direct materials $ Direct labor Overhead Total cost Units Unit cost b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Total direct materials costs $ Total direct labor costs Overhead costs Assembly setup Materials handling Assembly Maintenance Total costs Units produced Unit cost $

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