Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufactu second quarters of the year. The company is in danger of losing one of its larger customers, Solar Wholesale, due to large fluctuations in price. The owner of Sp third quarters. You have been provided the following budgeted information for the coming year, Click the icon to view the budgeted information.) Click the icon to view additional information) Read the requirements Requirement 1 and 2. Calculate the total manufacturing cost per unit for the second and third quarter assuming the company allocates manufacturing overhead quarter and an annual budgeted manufacturing overhead rate. First identify the formula to calculate the total manufacturing cost per unit, then enter the appropriate amounts to calculate the total cost per unit for second and thin each quarter and an annual budgeted manufacturing overhead rate for the year. (Abbreviation used. OH = overhead, mat. - materials, and Var. = variable.) Total cost Requiremer Otr 2 per unit Otr3 Annual 1. More info 2 Calculatet quarter ass based on the quarter Calculate the quarter assu based on an Space Manu Why mights boards? Whic 3. It takes 1 direct manufacturing labor-hour to make each board. The actual direct material cost is $8.00 per board. The actual direct manufacturing labor rate is $22 per hour. The budgeted variable manufacturing overhead rate is $15 per direct manufacturing labor-hour, Budgeted foxed manufacturing overhead costs are $16.500 each quartet Print Done Trep me sove mis EText pages Get more Teip system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's production and sales occur in the first and customers, Solar Wholesale, due to large fluctuations in price. The owner of Space has requested an analysis of the manufacturing cost per unit in the second and e coming year view additional information) econd and third quarter assuming the company allocates manufacturing overhead costs based on the budgeted manufacturing overhead roto determined for each enter the appropriate amounts to calculate the total cost per unit for second and third quarter based on the budgeted manufacturing overhead rate determined for r. (Abbreviation ined: OH * overhead, mat. - materials, and var. variable) Total cost - X per unit Requirements 1. 2. Calculate the total manufacturing cost per unit for the second and third quarter assuming the company allocates manufacturing overhead costs based on the budgeted manufacturing overhead rato determined for each quarter Calculate the total manufacturing cost per unit for the second and third quarter assuming the company allocates manufacturing overhead costs based on an annual budgeted manufacturing overhead rate Space Manufacturing prices its surfboards at manufacturing cont plus 20% Why might Solar Wholesale be seeing large fluctuations in the prloos of boards? Which of the methods described in requirements 1 and 2 would you 3 actual direct of rate is $22 per direct costs are Print Done per unit for the second and third quarter assuming the company allocates manufacturing overhead costs based on the E ost per d rate for Data table X sed on Quarter 1 3 4 Surfboards manufactured and sold 2 825 900 330 145 hinufactur compan bd manuf Print Done hnufacturi company budgeted prices its blesale be boards? Which of the methods ach board. manufacturing labor rate is $22 thead rate is $15 per direct uring overhead costs are Print
