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Siegel Company manufactures a product that is available in both a deluxe model and a regular model. The company has manufactured the regular model for

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Siegel Company manufactures a product that is available in both a deluxe model and a regular model. The company has manufactured the regular model for years. The deluxe model was introduced several years ago to tap a new segment of the market. Since introduction of the deluxe model, the company's profits have steadily declined and management has become increasingly concerned about the accuracy of its costing system. Sales of the deluxe model have been increasing rapidly, Manufacturing overhead is assigned to products on the basis of direct labor-hours. For the current year, the company has estimated that it will incur $5,092,300 in manufacturing overhead cost and produce 16,000 units of the deluxe model and 129,000 units of the regular model . The deluxe model requires 10 hours of direct labor time per unit, and the regular model requires 0.5 hour. Material and labor costs per unit are as follows: Model Deluxe Regular Direct materials $ 157 $ 106 Direct labor $ 17 $ 11 Required: 1-a. Using direct labor-hours as the base for assigning manufacturing overhead cost to products, compute the predetermined overhead rate. 1-b. Using the predetermined overhead rate computed in 1-a above and other data from the problem, determine the unit product cost of each model 2. Monagement is considering using activity-based absorption costing to apply manufacturing overhead cost to products. The activity based system would have the following four activity cost pools: Estimated Activity Cost Pool Activity Measure Overhead Cost Purchasing Purchase orders issued $ 233, 100 Processing Machine-hours 3,055,000 Scrap/rework Scrap/rework orders issued 493,200 Shipping Number of shipments 1,311,000 $5,092,300 Activity Measure Purchase orders issued Machine-hours Scrap/rework orders issued Number of shipments Expected Activity Deluxe Regular Total 370 740 1,110 18,800 28,200 47,080 400 720 5,520 8,280 13,800 320 Determine the predetermined overhead role for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2).do the following Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2), do the following: a. Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed determine the amount of manufacturing overhead cost per unit of each model b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Rog 2 Red 3A Reg 38 Using direct labor-hours as the base for assigning manufacturing overhead cost to products, compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overeado per DLH Reg18 > Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2), do the following: a. Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model. b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Req 3A Reg 3B Using the predetermined overhead rate computed in 1-3 above and other data from the problem, determine the unit product cost of each model. (Round your intermediate calculations and final answers to 2 decimal places.) Model Deluxe Regular Unit product cost Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2), do the following: a. Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model. b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Req Reg 38 Determine the predetermined overhead rate for each of the four activity cost pools. Predetermined Overhead Rato por purchase order Activity Cost Pool Purchasing Processing Scrap/rework Shipping per MH per order per shipment Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2), do the following: a. Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Req 3A Reg 38 Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system. After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model. (Round your intermediate calculations and Overhead cost per unit" answers to 2 decimal places.) Model Deluxe Regular Activity Cost Pool Total overhead cost Overhead cost per unit Determine the predetermined overhead rate for each of the four activity cost pools. 3. Using the predetermined overhead rates you computed in part (2), do the following: a. Compute the total amount of manufacturing overhead cost that would be applied to each model using the activity-based absorption costing system After these totals have been computed, determine the amount of manufacturing overhead cost per unit of each model. b. Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead) Complete this question by entering your answers in the tabs below. Reg 1A Reg 10 Reg 2 Req 3A Reg 30 Compute the unit product cost of each model (including direct materials, direct labor, and manufacturing overhead). (Round your intermediate calculations and final answers to 2 decimal places.) Model Regular Deluxe Direct materials Direct labor Manufacturing overhead Total unit product cost

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