Real Cool produces air conditioners in two departments: Assembly and Finishing. Budgeted information follows. Department Assembly Finishing Budgeted Cost $ 300,000 21,000 Allocation Base Machine hours Direct labor hours 6,000 3,000 Budgeted Usage machine hours direct labor hours Additional production information for two models of its air conditioners follows. Per unit Selling price Direct materials Direct labor Model A $ 400 100 150 Model T $ 420 90 160 Units produced Assembly machine hours per unit Finishing direct labor hours per unit Model A 400 2 MH 3 DLH Model T 500 3.5 MH 4 DLH 1a. Compute departmental overhead rates and determine overhead cost per unit for each model. 1b. Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing costs 2. Compute the total product cost per unit for each model. 3. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 2 Reg 3 Compute departmental overhead rates and determine overhead cost per unit for each model. per MH Assembly department overhead rate Finishing department overhead rate per DLH Real Cool produces air conditioners in two departments: Assembly and Finishing. Budgeted information follows. Department Badget.Ad Cost. Allocation Bass Assembly $ 300,000 Machine hours Finishing 21,000 Direct labor hours Budget.ad Claaga 6,000 machine hours 3,000 direct labor hours Additional production information for two models of its air conditioners follows. Fer unit selling price Direct materials Direct labor Nude a $ 400 100 150 Model T $ 420 90 160 Units produced La semily machine hours per unit Finishing direct labor hours per unit Modal A 000 2 3 DLE Nodal y 500 3,5 MH 4 DL 1a. Compute departmental overhead rates and determine overhead cost per unit for each model, 16. Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing costs. 2. Compute the total product cost per unit for each model. 3. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. ReqIA Req 15 Reg 2 Rec 3 Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing costs. (Round "Hours per unit" to one decimal place.) Department Departmental Overhead Rate Model A Overhead Hours per Unit Allocated Model T Overhead Hours per Unit Allocated Assembly Finishing Totals $ 0 $ D Real Cool produces air conditioners in two departments: Assembly and Finishing. Budgeted information follows. Department Assembly Finishing Budgeted Cost Allocation Base $ 300,000 Machine hours 21,000 Direct labor hours Budgeted Usage 6,000 machine hours 3,000 direct labor hours Additional production information for two models of its air conditioners follows. Per unit Selling price Direct materials Direct labor Model A $ 400 100 150 Model T $ 420 90 160 Units produced Assembly machine hours per unit Finishing direct labor hours per unit Model A 400 2 MH 3 DLH Model T 500 3.5 MH 4 DLH 1a. Compute departmental overhead rates and determine overhead cost per unit for each model. 1b. Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing costs. 2. Compute the total product cost per unit for each model. 3. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2 Reg 3 Compute the total product cost per unit for each model. Direct Materials Direct Labor Overhead Product Cost per Unit Model A Model T Real Cool produces air conditioners in two departments: Assembly and Finishing. Budgeted information follows. Department Assembly Finishing Budgeted Cost Allocation Base $ 300,000 Machine hours 21,000 Direct labor hours Budgeted Usage 6,000 machine hours 3,000 direct labor hours Additional production information for two models of its air conditioners follows. Per unit Selling price Direct materials Direct labor Model A $ 400 100 150 Model T $ 420 90 160 Units produced Assembly machine hours per unit Finishing direct labor hours per unit Model A 400 2 MH 3 DLH Model T 500 3.5 MH 4 DLH 1a. Compute departmental overhead rates and determine overhead cost per unit for each model. 1b. Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing costs. 2. Compute the total product cost per unit for each model. 3. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 2 Req3 For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). (A negative gross profit should be indicated with a minus sign.) Selling Price Product Cost Gross Profit Per Unit Model A Model T
