Requirement 2: Change the direct labor-hour requirement for the Deluxe model back to 5 hours in cell B10. Assume that the production orders change so that the Deluxe model will have 300 orders in cell C19 and the Tourist model will have 200 orders in cell 019. The Data area should now look like this: k hce Deluxe Tourist 2000 10.000 $ 25 $ 17 5 4 1 Chapter 4: Applying Excel 2 3 Enter a formula into each of the cells marked with a 7 below Review Problem: Activity-Based Costing 4 5 Data 6 7 Annual sales in units 8 Direct materials per unit 9 Direct labor-hours per unit 10 11 Direct labor rate 12 13 14 Activities and Activity Measures 15 Labor related direct labor-hours) 16 Machine setups (setups) 17 Production orders (orders) 18 General factory machine-hours) 19 20 21 $ 12 per DLH Estimated Overhead Cost $ 80,000 150,000 70,000 250.000 $ 550,000 Expected Activity Deluxe Tourist 10,000 40,000 3.000 2,000 300 200 12.000 28,000 Toral 50.000 5,000 500 40,000 (a). What is the traditional unit product cost for the Deluxe model after this change? Traditional unit product cost for the Deluxe model $ 74 b). Which of the following statements are true? [You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer, Any bones left with a question mark will be automatically graded as incorrect.) The traditional unit product costs for the two models are unchanged by the change in production orders because traditional overhead allocations based on direct labor-hours ignore other cost delivers such as production orders The traditional unit product costs for the two models are unchanged by the change in production orders because neither the total estimated overhead cost nor the total direct labor hours were afected The traditional una product costs for the two models have been changed by the change in production orders because traditional overhead allocations based on direct labor hours ignore other cost drivers such as production order 1. What is the ABC unit product cost for the Deluxe model after this change Round your intermediate calculations and final answer to 2 decimal places) ABC unit product cost for the Deluxe model $184.25 4. Applying Excel -NM Deluxe Tourist 1,000 9,000 $ 461 $ 46 1 1 Enter a formula into each of the cells marked with a ? below Review Problem: Activity-Based Costing 4 5 Data 6 7 Annual sales in units 8 Direct materials per unit 9 Direct labor-hours per unit 10 11 Direct labor rate 12 13 14 Activities and Activity Measures 15 Labor related (direct labor-hours) 16 Machine setups (setups) 17 Production orders (orders 18 General factory (machine-hours) 19 20 21 $ 18 per DLH Estimated Overhead Cost $ 35,000 120,000 70.000 150.000 $375,000 Expected Activity Deluxe Tourist 1.000 9.000 40 60 35 15 10.000 10,000 Total 10,000 100 50 20.000 (a). What is the traditional unit product cost for the Deluxe model now? (Round your intermediate calculations and final answer to 2 decimal places.) Traditional unit product cost for the Deluxe model $143.89 (b). What is the traditional unit product cost for the Tourist model? (Round your intermediate calculations and final answer to 2 decimal places.) Traditional unit product cost for the Tourist model $101.02 (c). What is the ABC unit product cost for the Deluxe model? (Round your intermediate calculations and final answer to 2 decimal places.) ABC unit product cost for the Deluxe model $ 94.89 (d). What is the ABC unit product cost for the Tourist model (Round your intermediate calculations and final answer to 2 decimal places.) ABC unit product cost for the Tourist model $ 30.02
