Ridgeland Inc. makes backpacks for large sporting goods chains that are sold under the customers' store brand names. The Accounting Department has identified the following overhead costs and cost drivers for next year:

Overhead ItemExpected CostsCost DriverMaximum QuantitySetup costs$244,800Number of setups7,200Ordering costs65,000Number of orders65,000Maintenance460,000Number of machine hours80,000Power44,000Number of kilowatt hours440,000

Total predicted direct labor hours for next year is 26,000. The following data are for two recently completed jobs:

Job 201Job 202Cost of direct materials$8,000$9,500Cost of direct labor$16,100$59,800Number of units completed800650Number of direct labor hours220270Number of setups1519Number of orders2142Number of machine hours460360Number of kilowatt hours200300

a. Determine the unit cost for each job using a traditional plantwide overhead rate based on direct labor hours.

Round cost per unit answers totwo decimal placeswhen applicable.

Please see attachment

Ridgeland Inc. makes backpacks for large sporting goods chains that are sold under the customers' store brand names. The Accounting Department has identified the following overhead costs and cost drivers for next year: Overhead Item Expected Costs Cost Driver Maximum Quantity Setup costs $244,800 Number of setups 7,200 Ordering costs 65,000 Number of orders 65,000 Maintenance 460,000 Number of machine hours 80,000 Power 44,000 Number of kilowatt hours 440,000 Total predicted direct labor hours for next year is 26,000. The following data are for two recently completed jobs: ob 201 Job 202 Cost of direct materials $8,000 $9,500 Cost of direct labor $16,100 $59,800 Number of units completed 800 650 Number of direct labor hours 220 270 Number of setups 15 19 Number of orders 21 42 Number of machine hours 460 360 Number of kilowatt hours 200 300 a. Determine the unit cost for each job using a traditional plantwide overhead rate based on direct labor hours. Round cost per unit answers to two decimal places when applicable. job 201 Job 202 Direct materials $ 15,500 * $ 7,000 x Direct labor 23,600 x 67,300 x Overhead 17,215 x 21,910 x Total cost 56,315 x $ 106,210 x Units produced 1,250 x 1,100 x Cost per unit 45.05 x $ 96.55 x b. Determine the unit cost for each job using ABC. Round cost per unit answers to two decimal places when applicable. Job 201 ob 202 Direct materials $ 15,500 * $ 17,000 * Direct labor 23,600 * 67,300 x Setup cost 2,550 x 3,230 x Ordering costs 105 x 210 * Maintenance costs 13,225 x 10,350 x Power 100 x 150 x Total job costs $ 55,080 * $ 98,240 * Units produced 1,250 x 1,100 x Cost per unit $ 44.06 * $ 89.31 x