Question Help Several years after reengineering its production process, Zippy Corporation hired a new controller, Jane Smith. (Click the icon to view additional information.) For the upcoming year, Zippy's budgeted ABC manufacturing overhead allocation rates are as follows: (Click the icon to view the additional data.) The number of parts is now a feasible allocation base because Zippy recently installed a plantwide computer system. Zippy produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) Read the requirements. Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Zippy Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to three decimals and cost per wheel to the nearest cont.) Choose from any list or enter any number in the input fields and then continue to the next question javascript:doExercise (3); 11:59pm Question Help Several years after reengineering its production process, Zippy Corporation hired a new controller, Jane Smith. (Click the icon to view additional information.) The number of parts is now a feasible allocation base because Zippy recently installed a plantwide computer system. Zippy produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) For the upcoming year, Zippy's budgeted ABC manufacturing overhead allocation rates are as follows: !!! (Click the icon to view the additional data.) Read the requirements. Zippy Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocation Rate Base Used By: Standard Deluxe Activity Allocated Activity Cost Per Wheel Standard Deluxe CO Materials handling Machine setup Insertion of parts Finishing Total ABC allocated indirect cost Requirement 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per Wheel under the traditional system Begin by identifying the formula to compute the current plantwide manufacturing overhead rate, then compute the rate (Round your answer to the nearest cent.) Choose from any list or enter any number in the input fields and then continue to the next question, 11:59pm rates are as follows: (Click the icon to view the additional data.) Read the requirements. Insertion of parts Finishing Total ABC allocated indirect cost Requirement 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system Begin by identifying the formula to compute the current plantwide manufacturing overhead rate, then compute the rate (Round your answer to the nearest cont.) - Plantwide overhead rate per DL hour Now use the plantwide overhead rate to determine the manufacturing overhead cost per Wheel (Round your answers to the nearest cont.) - Manufacturing overhead Standard L Deluxe Choose from any list or enter any number in the input fields and then continue to the next question 11:59pm 13 Question Help Several years after reengineering its production process, Zippy Corporation hired a new controller, Jane Smith A (Click the icon to view additional information.) For the upcoming year, Zippy's budgeted ABC manufacturing overhead allocation rates are as follows: (Click the icon to view the additional data.) The number of parts is now a feasible allocation base because Zippy recently installed a plantwide computer system. Zippy produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) Read the requirements. A Data Table Data Table 10.0 Activity Cost Activity Allocation Base Allocation Rate Materials handling .... Number of parts $ 3.50 per part Machine setup ....... Number of setups $ 450.00 per setup Insertion of parts ..... Number of parts $ 30,00 per part Finishing ........... Finishing direct labor hours $ 53,00 per hour Standard Deluxe Parts per wheel .................... Setups per 1,000 wheels ............... 10.0 Finishing direct labor hours per wheel ...... Total direct labor hours per whool... The company's managers expect to produce 1,000 units of each model during the year. Print Done Print Done Choose from any list or enter any number in the input fields and then continue to the next question. 11:59pm
