Requirement 2

Homework: Chapter 04 Graded Homework Score: 1.9 of 7 pts 4 of 6 (6 complete) E4-25A (similar to) HW Score: 69.27%, 20.78 of 3 Question Help Several years after reengineering its production process, Zoke Corporation hired a new controller, Barb Joe. i Click the loon to view additional information) For the upcoming year, Zeke's budgebed ABC manufacturing overhead allocation rates are as follows: Click the icon to view the additional data) The number of parts is now a feasible allocation base because Zeke recently installed a plantwide compute system. Zeke produces two wheel models: Standard and Deluxe Budgeted data for the upcoming year are as follows: Click the icon to view the additional data) Read the requirements Insertion of parts 18,000 28.00 54,00 504,000 297.000 Finishing 5.500 Total budgeted indirect cos! Requirement 2. Compute the manufacturing overhead cost per Wheel of onch model using ABC. (Round the cost allocation base to three decimals and cost per wheel to the nearest cent. Zeke Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocation Rate Base Used By: Standard Deluxe Activity Allocated Activity Cost Per Wheel Standard Deluxe 32.00 $ 40.00 Maner handling Machine setup 375.00 Insertion of parts Finishing Tot ABC logod nd recto Enter any number in the edities and then click Check Answer 1/27/2020 2 Check Answer parts remaining 1.9 of 7 pts 4 of 6 (6 complete) HW Score: 692 More Info Barb Joe. The number of parts is now a feasible allocation base because Zeke recently installed system. Zeke produces two wheel models: Standard and Deluxe. Budgeted data for the as follows: E (Click the icon to view the additional data.) She developed an ABC system very similar to the one used by Zeke's chief rival. Part of the reason Joe developed the ABC system was because Zeke's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago Read the remonts 0 Data Table - X Print Done quirement 2. Compute the manufacturing overhead cost per Wheel of each model using ABC. (Round i Data Table Standard Deluxe Parts per wheel.... 8.0 10.0 Setups per 1,000 wheels 20.0 20.0 Finishing direct labor hours per wheel .... 2.0 3.5 Total direct labor hours per wheel 2.6 3.4 The company's managers expect to produce 1,000 units of each model during the year. Allocated Cost Per tandard later 32.00 Print Activity Cost Allocation Rate $ 4,00 per part $ 375.00 per setup $ 28.00 per part $ 54,00 per hour Done Nach Activity Allocation Base Materials handling .... Number of parts Machine setup...... Number of setups Insertion of parts ....Number of parts Finishing Finishing direct labor hours Finish Total Print Done Enter 2 parts Check Answer remaining Clear All Pitsch Home End... Poup e Corporation hired a new controller, Barb Joe. The number of parts is now a feasible allocati system. Zeke produces two wheel models: SI as follows: (Click the icon to view the additional data overhead allocation rates are as follows: Read the requirements. 28.00 504,000 297.000 0 Requirements 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. 2. Compute the manufacturing overhead cost per Wheel of each model using ABC. 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per Wheel under the traditional system. Print Done ck Answer Clear All PrtScn Home Homework: Chapter 04 Graded Homework Score: 1.9 of 7 pts 4 of 6 (6 com %E4-25A (similar to) Several years after reengineering its production process, Zeke Corporation hired a new controller, Barb Joe. (Click the icon to view additional information.) For the upcoming year, Zeke's budgeted ABC manufacturing overhead allocation rates are as follows: (Click the icon to view the additional data.) Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the ratest Zeke Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling 18,000 $ 4.00 72,000 Machine setups 375.00 15,000 Insertion of parts 18.000 28.00 504,000 Finishing 500 54.00 297,000 Total budgeted indirect cost 888,000 Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allo Zeke Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocated Activity Enter any number in the edit fields and then click Check Answer 120 2 parts 2 remaining Clear All FG