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Saved Process Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 810 8,030 40 Finishing Welding Inspecting Rework Overhead
Saved Process Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 810 8,030 40 Finishing Welding Inspecting Rework Overhead Cost $ 562,950 374,198 72,800 $1,009,948 $ 361,260 286, 425 61,600 $ 709,285 s 193,655 31,600 49,460 $ 274,715 Welding hours Number of inspections Rework orders 5,400 855 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 503 4,200 4,200 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,400 2,400 405 475 2,750 20 120 335 Model 212 2,800 3,000 405 3BO 5,280 20 100 16B Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $230 for Model 145 and $116 for Model 212. 3. If the market price for Model 145 is $912.93 and the market price for Model 212 is $487.39, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead Incurred asalgned Model 212 Activity driver Overhead Incurred assigned Expected Costs Expected Activity Activity Rate $ 810 Number of batches 562,950 374,198 72,800 8,030 Machine hours 40 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 361,260 286,425 61,600 5,400 Welding hours 855 Inspections 220 Rework orders $ 193,655 81,060 503 Purchase orders 4 200 Units Total overhead cost Total units produced Overhead cost per unit FO Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. Process Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 810 8,030 40 Finishing Welding Inspecting Rework Overhead Cost $ 562,950 374, 198 72,800 $1,009,948 S 361,260 286,425 61,600 $ 709,285 $ $ 193,655 31,600 49,460 $ 274,715 Welding hours Number of inspections Rework orders 5,400 855 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 503 4,200 4,200 Additional production information concerning its two product lines follows. 5 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,400 2,400 405 475 2,750 20 120 335 Model 212 2,800 3,000 405 380 5,280 20 100 168 Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $230 for Model 145 and $116 for Model 212. 3. If the market price for Model 145 is $912.93 and the market price for Model 212 is $487.39, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $230 for Model 145 and $116 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. Process Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 810 8,030 40 Finishing Welding Inspecting Rework Overhead Cost $ 562,950 374,198 72,800 $1,009, 948 $ $ 361,260 286,425 61,600 $ 709,285 $ 193,655 31,600 49,460 $ 274,715 Welding hours Number of inspections Rework orders 5, 400 855 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 503 4,200 4,200 Additional production information concerning its two product lines follows. 5 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,400 2,400 405 475 2,750 20 120 335 Model 212 2,800 3,000 405 380 5,280 20 100 168 Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $230 for Model 145 and $116 for Model 212. 3. If the market price for Model 145 is $912.93 and the market price for Model 212 is $487.39, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $912.93 and the market price for Model 212 is $487.39, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit
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