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Required information [The following information applies to the questions displayed below.] The controller for Tulsa Medical Supply Company has established the following activity cost pools
Required information [The following information applies to the questions displayed below.] The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Budgeted Level for Cost Driver 125 37,500 pound Activity Cost Pool Machine setups Material handling Hazardous waste control Quality control Other overhead costs Total Machine setups Raw material Hazardous materials Inspections Machine hours Unit cost Budgeted Overhead Cost $ 250,000 75,000 25,000 75,000 200,000 $ 625,000 per plate Cost Driver Number of setups Weight of raw material Weight of hazardous chemicals used Required: 1. Calculate the unit cost of a production order for 100 specially coated plates used in cancer testing. In addition to direct material costing $120 per plate and direct labor costing $40 per plate, the order requires the following: Note: Round intermediate calculations and final answer to 2 decimal places. 3 900 pounds 300 pounds 3 50 Number of inspections Machine hours 5,000 pound 1,000 20,000 Pool Rate $ 2,000 per setup $ 2 per pound $5 per pound $75 per inspection $10 per machine hour
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