Required information Problem 17-5A Pricing analysis with ABC and a plantwide overhead rate LO A1, A2, P1, P3 (The following information applies to the questions displayed below) Sara's Salsa Company produces its condiments in two types Extra Fine for restaurant customers and Family Style for home use, Salsa is prepared in department 1 and packaged in department 2. The activities, overhead costs, and drivers associated with these two manufacturing processes and the company's production support activities follow Process Activity Overhead cost Department 1 Mixing Driver Quantity 7,000 Machine hours 2.900 Cooking 16,200 Machine hour's 2,900 Product testing 114,500 Batches 500 $137,700 Department 2 Machine calibration $ 350,00 Production runs 200 Labeling 18,500 Cases of output 140,000 Defects 9.500 Cases of output 140,000 5378,000 Support Recipe formulation $ 89,000 Focus groups 50 Heat, lights, and water 50,000 Hachine hours 2,000 Materials handling 05.000 Container types 10 $ 232,000 5 Additional production information about its two product lines follows Units produced Batches Machine Hours Focus groups Container types Production runs Extrine 40,000 cases 400 batches 1.250 32 groups 5 containers 310 runs Wamily Style 100,000 cases 100 batches 1.650 15 groups S containers 300 rus Problem 17-5A Parts 1, 2 & 3 Required: 1. Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa. 2. Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and direct labor cost is $11 per case of Extra Fine and $7 per case of Family Style, 3.a. If the market price of Extra Fine Salsa is $19 per case and the market price of Family Style Salsa is $12 per case, determine the gross profit per case for each product. 3.b. What might management conclude about the Family Style Salsa product line? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3A Red 38 Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa (Round your intermediate calculations and final answers to 2 decimal places.) Plantwide overhead per caso Reg 2 > Problem 17-5A Parts 1, 2 & 3 Required: 1. Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa. 2. Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and direct labor cost is 511 per case of Extra Fine and $7 per case of Family Style. 3.a. If the market price of Extra Fine Salsa is 519 per case and the market price of Family Style Salsa is $12 per case, determine the gross profit per case for each product 3.b. What might management conclude about the Family Style Salsa product line? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3A Reg 3B Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and direct Sabor cost is $11 per case of Extra Fine and 57 per case of Family Style (Round your intermediate calculations and final answers to 2 decimal places) Total cost per unit unit Extra Fine Family Style unit Required information cost is $11 per case of Extra Fine and $7 per case of Family Style 3.a. If the market price of Extra Fine Salsa is $19 per case and the market price of Family Style Salsa is $12 per case, determine the gross profit per case for each product. 3.b. What might management conclude about the Family Style Salsa product line? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3A Reg 38 If the market price of Extra Fine Salsa is $19 per case and the market price of Family Style Salsa is $12 per case determine the gross profit per case for each product. (Round your intermediate calculations and answer 2 decimal place) Extra Fine Family Style Problem 17-5A Parts 1, 2 & 3 Required: 1. Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa, 2. Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and direct labor cost is $11 per case of Extra Fine and $7 per case of Family Style 3.a. If the market price of Extra Fine Salsa is $19 per case and the market price of Family Style Salsa is $12 per case, determine the gross profit per case for each product 3.b. What might management conclude about the Family Style Saisa product line Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Red 3A Reg 38 What might management condude about the Family Style Salsa product line? Conclude about the Family Style Salsa product line RegJA Problem 17-5A Part 4 3. Using ABC, compute the total cost per case for each product type the direct labor and direct materials cost is 511 per case of Extra Fine and $7 per case of Family Style (Round your intermediate calculations to 2 decimal places. Round "Activity Rate" and "Overhead cost per unit" answers to 2 decimal places.) Extra fine Overhead Cost Activity Drivers Activity Rate Activity Drivers OM Activity Mixing & Cooking Product testing Machine calibration Labeling & Defects Recipe formulation Heat, light and water Material handling Totalowwhead costs assigned Extra in Family Style ca POM Next > Extra fine Activity Drivers Overhead assigned Family Style Activity Drivers Overhead assigned Total overhead costs assigned Extra fine Family Style Problem 17-5A Part 5 5. If the market price is $19 per case of Extra Fine and 512 per case of Family Style, determine the gross profit per case for each product. (Round your intermediate calculations and final answers to 2 decimal places) Extra Fine Family Style