Required Homework Java Source, Incorporated, (US) buys coffee beans from around the world and roasts, blends, and packages them for resale. Some o JSI's coffees are very popular and sell in large volumes, while a few of the newer blends sell in very low volumes. JSI prices its coffee at manufacturing cost plus a markup of 25% For the coming year, JSI's budget includes estimated manufacturing overhead cost of $3,105,300. JSI assigns manufacturing overhes to products on the basis of direct labor-hours. The expected direct labor cost totals $612,000, which represents 51,000 hours of dire labor time. The expected costs for direct materials and direct labor for one-pound bags of two of the company's coffee products appear below. Direct materials Direct labor (0.035 hours per bag) Kenya Dark Viet Select $4.20 5 0.42 $3.30 $0.42 JSI's controller believes that the company's traditional costing system may be providing misleading cost information. To determine whether or not this is correct, the controller has prepared an analysis of the year's expected manufacturing overhead costs, as shown in the following table Activity Cost Pool Purchasing Material handling Quality control Roasting Blanding Packaging Total manufacturing overhead cost Activity Measure Purchase orders Nasber of setups Number of batches Roasting hours Blending hours Packaging hours Expected Activity for the Expected Coat Year 1,750 orders 1,840 setups 560 batches 96,500 roasting hours 34,000 blending hours 26,300 packaging hours for the Year $507,500 717,600 140,000 1,061,500 442,000 236,700 $ 3,105,300 Data regarding the expected production and sales of Kenya Dark and Viet Select coffee are presented below. Expected production and sales Batch sise Setups Purchase order size Roasting time per 100 pounds Blending tine per 100 pounds Packaging time per 100 pounds Required: Kesya Dark 104,000 pounds 10,400 pounds 3 per batch 20,000 pounds 1.5 roasting hours 0.5 blending hours 0.3 packaging hours Viet delect 3,000 pounds 600 pounds 3 per batch 600 pounds 1.5 roasting hours 0.5 blending hours 0.3 packaging hours 1. Using direct labor-hours as the manufacturing overhead cost allocation base, do the following: a. Determine the plantwide predetermined overhead rate that will be used during the year. b. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. 2. Using the activity-based absorption costing approach, do the following: a. Determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of Kenya Dark coffee and Viet Select coffee. c. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 2C Using direct labor-hours as the manufacturing overhead cost allocation base, determine the plantwide predetermined overhead rate that will be used during the year. (Round your answer to 2 decimal places.) Pradelarmined overhead rate per DLH Required Homework Java Source, Incorporated, (USI) buys coffee beans from around the world and roasts, blends, and packages them for resale. Some of JSI's coffees are very popular and sell in large volumes, while a few of the newer blends sell in very low volumes. JSI prices its coffees at manufacturing cost plus a markup of 25% For the coming year, JSI's budget includes estimated manufacturing overhead cost of $3,105,300. JSI assigns manufacturing overhead to products on the basis of direct labor-hours. The expected direct labor cost totals $612,000, which represents 51,000 hours of direct labor time. The expected costs for direct materials and direct labor for one-pound bags of two of the company's coffee products appear below. Kenya Dark Viet Select Direct naterials Direct labor (0.035 hours per bag). $4.20 $0.42 $3.30 $0.42 JSI's controller believes that the company's traditional costing system may be providing misleading cost information. To determine whether or not this is correct, the controller has prepared an analysis of the year's expected manufacturing overhead costs, as shown in the following table: Activity Cost Pool Purchasing Material handling Quality control Roasting Blending Packaging Total manufacturing overhead cost Activity Measure Purchase orders Number of setups Number of batches. Roasting hours Blending hours Packaging hours Expected Activity for the Year 1,750 orders 1,840 setupa 560 batches 96,500 roasting hours 34,000 blending hours 26,300 packaging hours Expected Cost for the Year $ 507,500 717,600 140,000 1,061,500 442,000 236,700 $ 3,105,300 Data regarding the expected production and sales of Kenya Dark and Viet Select coffee are presented below. Expected production and sales Batch size Setups Purchase order size Roasting time per 100 pounds Blending time per 100 pounds Packaging time per 100 pounds Required: Kenya Dark 104,000 pounds 10,400 pounds 3 per batch 20,800 pounds 1.5 roasting hours. 0.5 blending hours 0.3 packaging hours Viet Select 3,000 pounds 600 pounds 3 per batch 600 pounde 1.5 roasting hours 0.5 blending hours 0.3 packaging hours, 1. Using direct labor-hours as the manufacturing overhead cost allocation base, do the following a. Determine the plantwide predetermined overhead rate that will be used during the year. b. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. 2. Using the activity-based absorption costing approach, do the following: a. Determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of Kenya Dark coffee and Viet Select coffee, c. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 2C Using direct labor-hours as the manufacturing overhead cost allocation base, determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. (Round your intermediate calculations and final answers to 2 decimal places.) Unit produd cost Kenya Dark Viet Select Java Source, Incorporated, (JS) buys coffee beans from around the world and roasts, blends, and packages them for resale. Some of JSI's coffees are very popular and sell in large volumes, while a few of the newer blends sell in very low volumes. JSI prices its coffees at manufacturing cost plus a markup of 25% For the coming year, JSI's budget includes estimated manufacturing overhead cost of $3,105,300. JSI assigns manufacturing overhead to products on the basis of direct labor-hours. The expected direct labor cost totals $612,000, which represents 51,000 hours of direct labor time. The expected costs for direct materials and direct labor for one-pound bags of two of the company's coffee products appear below. Direct materials Direct labor (0.035 hours per bag) Kenya Dark Viet Select $4.20 $ 0.42 $3.30 $ 0.42 JSI's controller believes that the company's traditional costing system may be providing misleading cost information. To determine whether or not this is correct, the controller has prepared an analysis of the year's expected manufacturing overhead costs, as shown in the following table: Activity Cost Pool Purchasing Material handling Quality control Roasting Blending Packaging Total manufacturing overhead cost Activity Measure Purchase orders Number of setups Number of batches Roasting hours Blending hours Packaging hours Expected Activity for the Expected Cost Year 1,750 orders 1,840 setups 560 batches 96,500 roasting hours 34,000 blending hours 26,300 packaging hours for the Year $ 507,500 717,600 140,000 1,061,500 442,000 236,700 $ 3,105,300 Data regarding the expected production and sales of Kenya Dark and Viet Select coffee are presented below. Expected production and sales Batch size Setups Purchase order size Roasting time per 100 pounds Blending time per 100 pounds Packaging time per 100 pounds Required: Kenya Dark 104,000 pounds 10,400 pounds 3 per batch 20,800 pounds 1.5 roasting hours: 0.5 blending hours 0.3 packaging hours Viet Select 3,000 pounds 600 pounds 3 per batch 600 pounds 1.5 roasting hours 0.5 blending hours 0.3 packaging hours 1. Using direct labor-hours as the manufacturing overhead cost allocation base, do the following: a. Determine the plantwide predetermined overhead rate that will be used during the year. b. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. 2. Using the activity-based absorption costing approach, do the following: a. Determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of Kenya Dark coffee and Viet Select coffee.. c. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 2C Using the activity-based absorption costing approach, determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. Kenya Dark Viet Select Total amount of manufacturing overhead cost A Required Homework Java Source, Incorporated, (JSI) buys coffee beans from around the world and roasts, blends, and packages them for resale. Some off JSI's coffees are very popular and sell in large volumes, while a few of the newer blends sell in very low volumes. JSI prices its coffeem at manufacturing cost plus a markup of 25%. For the coming year, JSI's budget includes estimated manufacturing overhead cost of $3,105,300. JSI assigns manufacturing overhea to products on the basis of direct labor-hours. The expected direct labor cost totals $612,000, which represents 51,000 hours of direct labor time. The expected costs for direct materials and direct labor for one-pound bags of two of the company's coffee products appear below. Kenya Dark Viet Select Direct materials Direct labor (0.035 hours per bag) $4.20 $0.42 $3.30 8.0.421 JSI's controller believes that the company's traditional costing system may be providing misleading cost information. To determine whether or not this is correct, the controller has prepared an analysis of the year's expected manufacturing overhead costs, as shown - in the following table Activity Cast Pool Purchasing Material handling Quality control Roasting Blending Packaging Total manufacturing overhead cost Activity Measure Purchase orders Number of setups Number of batches Roasting hours Blending hours Packaging hours Expected Activity for the Expected Cost Year 1,750 orders 1,840 setups 540 batches $6,500 roasting hours 34,000 blending hours 26,300 packaging hours for the Year $ 507,500 717,600 140,000 1,061,500 442,000 236,700 #3,105,300 Data regarding the expected production and sales of Kenya Dark and Viet Select coffee are presented below. Expected production and sales Batch size Tetups Purchase order size Roasting time per 100 pounds Blending time per 100 pounds Packaging time per 100 pounds Required Kenya Dark 104,000 pounds 10,400 pounds 3 per batch 20,800 pounds 1.5 roasting hours 0.5 blending hours 0.3 packaging hours Viet Select 3,000 pounds 600 pounds per batch 600 pounds 1.5 roasting hours 0.5 blending hours 9.3 packaging hours 1. Using direct labor-hours as the manufacturing overhead cost allocation base, do the following a. Determine the plantwide predetermined overhead rate that will be used during the year b. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. 2. Using the activity-based absorption costing approach, do the following: a. Determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of Kenya Dark coffee and Viet Select coffee. c. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 2C Using the activity-based absorption costing soach, compute the amount of manufacturing overhead cost per pound of Kenys Derk coffee and Viet Select coffee. (Round your answers to 2 decimal places.) Kenys Dark Viet Select Manufacturing overhead cost per pound Required 2A Required 20 > Java Source, Incorporated, (USI) buys coffee beans from around the world and roasts, blends, and packages them for resale. Some off JSI's coffees are very popular and sell in large volumes, while a few of the newer blends sell in very low volumes. JSI prices its coffee- at manufacturing cost plus a markup of 25%. For the coming year, JSI's budget includes estimated manufacturing overhead cost of $3,105,300. JSI assigns manufacturing overhea to products on the basis of direct labor-hours. The expected direct labor cost totals $612,000, which represents 51,000 hours of direct labor time. The expected costs for direct materials and direct labor for one-pound bags of two of the company's coffee products appear below. Direct naterials Direct labor (0.035 hours per bag) Kenya Dark Viet Select $ 4.20 $0.42 $3.30 $0.42 ok JSI's controller believes that the company's traditional costing system may be providing misleading cost information. To determine whether or not this is correct, the controller has prepared an analysis of the year's expected manufacturing overhead costs, as shown in the following table: Activity Cost Pool Purchasing Quality control Material handling Roasting Blending Packaging Total manufacturing overhead cost Activity Measure Purchase orders Number of setups Number of batches Roasting hours Blending hours Packaging hours Expected Activity for the Expected Cost Year 1,750 orders 1,840 setups 560 batches 96,500 roasting hours 34,000 blending hours 26,300 packaging hours for the Year $ 507,500 717,600 140,000 1,061,500 442,000 236,700 $ 3,105,300 Data regarding the expected production and sales of Kenya Dark and Viet Select coffee are presented below. Expected production and sales Batch size Setups Purchase order size Roasting time per 100 pounds Blending time per 100 pounds Packaging time per 100 pounds Required: Kenya Dark 104,000 pounds 10,400 pounds 3 per batch 20,800 pounds 1.5 roasting hours 0.5 blending hours 0.3 packaging hours Viet Select 3,000 pounds 600 pounds 3 per batch 600 pounds 1.5 roasting hours 0.5 blending hours 0.3 packaging hours 1. Using direct labor-hours as the manufacturing overhead cost allocation base, do the following: a. Determine the plantwide predetermined overhead rate that will be used during the year. b. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. 2. Using the activity-based absorption costing approach, do the following: a. Determine the total amount of manufacturing overhead cost assigned to Kenya Dark coffee and to Viet Select coffee for the year. b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of Kenya Dark coffee and Viet Select coffee. c. Determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 2c Using the activity-based absorption costing approach, determine the unit product cost of one pound of Kenya Dark coffee and one pound of Viet Select coffee. (Round your intermediate calculations and final answers to 2 decimal places.) Unit product cost of one pound Kenya Dark Viet Select