Required information [The following information applies to the questions displayed below.) Part 1 of 5 Tent Master produces two lines of tents sold to outdoor enthusiasts. The tents are cut to specifications in department A. In department B, the tents are sewn and folded. The activities, costs, and drivers associated with these two manufacturing processes and the company's production support activities follow. 8 01:27:43 Process Department A Activity Pattern alignment Cutting Moving product Overhead cost $132,160 50,840 138,000 $321,000 Driver Batches Machine hours Moves Quantity 1,120 12,400 3,000 eBook Department B Sewing Inspecting Folding Direct labor hours Inspections Units 6,400 750 27,900 $569,600 36,000 64,170 $669, 770 $448,000 60,200 397, 700 $905, 900 Support Design Providing space Materials handling Modification orders Square feet Square yards 320 8,600 970,000 Additional production information on the two lines of tents follows. Units produced Moves Batches Number of inspections Machine hours Direct labor hours Modification orders Space occupied Material required Pup Tent 18,600 units 1,000 moves 280 batches 300 inspections 7,800 MH 4,000 DLH 80 modification orders 4,300 square feet 460,000 square yards Pop-Up Tent 9,300 units 2,000 moves 840 batches 450 inspections 4,600 MH 2,400 DLH 240 modification orders 4,300 square feet 510,000 square yards Required: 1. Using a plantwide overhead rate based on direct labor hours, compute the overhead cost that is assigned to each pup tent and each pop-up tent. (Round your intermediate calculations and final answers to 2 decimal places.) Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced od OH Cost per unit Pup Tent Pop-Up Tent 2. Using the plantwide overhead rate, determine the total cost per unit for the two products if the direct materials and direct labor cost is $17 per pup tent and $21 per pop-up tent. (Round your intermediate calculations and answers to 2 decimal places.) Pup Tent Pop-Up Tent Materials and Labor per unit Overhead per unit Total cost per unit Complete the below table. (Gross loss per unit should be indicated with a minus sign. Round your intermediate calculations and answers to 2 decimal places.) 3. Assume the market price of the pup tent is $77 and the market price of the pop-up tent is $140, determine the gross profit/ loss per unit for each tent assuming overhead is assigned using the plantwide rate. Pup Tent Pop-Up Tent Market price Manufacturing cost per unit Gross profit (loss) per unit Pup Tent Pop-Up Tent Will product line be retained or eliminated? 4. Using ABC, compute the total cost per unit for each tent if the direct labor and direct materials cost is $17 per pup tent and $21 per pop-up tent. (Round your intermediate calculations and final answers to 2 decimal places.) Pattern alignment Cutting Moving product Sewing Inspecting Folding Design Providing space Material handling Overhead Assigned Activity Driver Activity rate Total Overhead Cost Pup Tent Pattern alignment Cutting Moving product Sewing Inspecting Folding Design Providing space Material handling Pop-Up Tent Pattern alignment Cutting Moving product Sewing Inspecting Folding Design Providing space Material handling Text Pup TentPop-Up Tent Total manufacturing costs Direct materials and direct labor Overhead Total manufacturing cost per unit 5. Assume if the market price is $77 per pup tent and $140 per pop-up tent, determine the gross profit / loss per unit for each tent. (Round your intermediate calculations and answers to 2 decimal places.) Pup Tent Pop-Up Tent Market price Pup Tent Pop-Up Tent Will product line be retained or eliminated
