Return to question 10 Consider the following data for two products of Vigano Manufacturing 0.5 points Activity Machine setup Darts handling Quality inspections Total budgeted overbead Budgeted Cost Activity Driver $ 10,000 20 machine setup 8,000 16,000 parta 12,000 100 inspections $ 30,000 Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Product A 1,000 units $ 20 per unit $40 per unit 2.0 per unit Product B 200 units $ 30 per unit $50 per unit 2.5 per unit 1. Using a plantwide overhead rate based on 2,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional Information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates (1) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Actual Activity Usage Setups Parts Inspections Product 9 setups 10,000 parts 40 inspections Froduct 12 setups 6,000 parts 60 inspections Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 2,500 direct labor hours, compute the total product cost per unit for each product. Per Unit Direct Direct Product Overhead Labor Cost per Materials Unit Product A $ 20,000 $ 40.000 Ks 24,000 $ 12 Product 6,00 X 1 DODOX 0,000 44 Required 1 Required 2 > MC Consider the following data for two products of Vigano Manufacturing. Activity Machine setup Parts handling Quality inspections Total budgeted overhead Budgeted Cost $ 10,000 8,000 12,000 $ 30,000 Activity Driver 20 machine setups 16,000 parts 100 inspections Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Product A 1,000 units $ 20 per unit $ 40 per unit 2.0 per unit Product B 200 units $ 30 per unit $ 50 per unit 2.5 per unit 1. Using a plantwide overhead rate based on 2,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Actual Activity Usage Setups Parts Inspections Product A 8 setups 10,000 parts 40 inspections Product B 12 setups 6,000 parts 60 inspections Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Show less a. Compute overhead activity rates Activity Activity Rate Machine setup $ 500.00 per setup Parts handling $ 0.50 per part Quality inspection $ 120.00 per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Allocated Cost Activity Product A Product B Machine setup S 4,000$ 6,000 Parts handling 5,000 3,000 Quality inspection 4,800 7,200 Total allocated cost $ 13,800 16,200 Units produced 1,000 200 Overhead cost per unit 13.80$ 81.00 c. Product cost per unit using activity-based costing Per Unit Product Cost per Unit Product A A 62.00 X Product B 82.50 X
