Search ResultsX Search Tedb C https// ps New folder W outline on business BUSINESS PLAN OUT M Inbox - deep261940 A Chapter 2 Company. S connect.html Chapter 7 Aasignment For many yors. Sinclair Graphlc Desagn has provwided design and digtal printing services for indoor bannens. The nylon bannens, which come in a standard stze are used for a vanoty of purposes, including rado shows, sporting events, and othor promooonal the company Introduced a second printing and production service for outdoor banners that has becomo actvibes. Three yoars aga, incroasingly populer. The outdoor banners are a more complex product than the Indoor banners, requiring weahorproof viny matertials and a ditferent printing process to Improve the viily of the text and graphics content Moreover, outdoor banners are printed in smaller production rurs because of los frequent orders; the setup of the printing equipmont takes longer, and, anco higher durability Is noeded to withstand the elements, more quality inspections are costs are assigned to the products on the bacs of direct labour-hours. nooded Under the traditional costing approach, overhoad Despto the Introduction of the new oundoor banners, profits have declinod steadly over the past throe years Management is beginning to belleve that the company's costing system may be at faut Unit costs f for materials and labour for the two products follow Direct labour (529 per hour) s 29 $ 87 Management ectmanes that the company illIncur $1,440,000 in overtead costs during the curment yoar and that 12000 ndoor bannes and 2.400 oundoor banners will be produced and sold Required 1-a Compute the proderemined overhoad rate assuming that the company continues to apply overhead cost to products on the basis of direct iabour-hours Round your answer to 2 decimal places) o Using this reate and other data from the probliem, desarmine the unit product cost of esch product.iRound your answers decimal places. O Type here to search