Stuck on this managerial accounting homework assignment. At the bottom of the pictures is the to do list for the assignment. Appreciate any help thank you!
ACC220 HW Ch.7 ABC For Both ABC P&L AND for Var., Cost P&L Rider University Direct Materials Traced HCT--Ch.7.---ABC Direct Labor Direct Materials ClassCo Variable Mfg. OH Direct Labor Income Statement {FAC} Variable Selling Expense[not Shipping] Variable Mfg. OH Variable Shipping Variable Selling Expense[not Shipping] Sales $75,000 Direct tracable to Product A or B Variable Shipping traced Direct Materials $20,000 materials per unit below traced Direct Labor $10,000 spread this based on Hours [computed with info below] traced Variable Mfg. OH $12,000 spread this based on Hours [computed with info below] Through ABCFixed. Mfg. OH $13,000 use DL hrs for Fxd. Mfg. OH to product under FAC Total CoGS $55,000 Gross Profit $20,000 Variable Selling Expense[not Shipping] $3,000 Sum % of sales traced Variable Shipping $4,000 7,000 9.33% traced Through ABC Fixed Selling & Admin & R&D $11,000 Total Operating Expense $18,000 Operating Income 2,000COGS & Expenses Direct Indirect Direct Materials 20,000 Traced through Cost System to products Direct Labor| 10,000 Traced through Cost System to products Variable Mfg. OH 12,000 10,000 Fixed. Mfg. OH 13,000 12,000 Variable Selling Expense[not Shipping] 3,000 sum of both 13,000 Variable Shipping 4,000 7,000 35,000 Fixed Selling & Admin & R&D 11,000 Only two products so all of sales/Cogs ARE THESE TWO PRODUCTS Product A sell price each = $ 30.00 Sales $ DL Hrs. unit 0.20 Units sold 1,100 $ 33,000.00 220.00 Materials per unit = $ 5.00 Total hrs. # orders 70 Product B sell price each = $ 40.00 DL Hrs. unit 0.40 Total hrs. Units sold 1,050 $ 42,000.00 420.00 Materials per unit = $ 13.81 $ 75,000.00 640.00 # orders 40 Total company Hrs. Shipping & Variable selling is % of sales $5 9.33% of sales $ 7,000 Cost per DL Hr. = compute customers = 40 40 # projects = 100 100Departments of Indirect overhead Fixed. Mfg. OH For Production Dept. ZZZ 5,000 For Production Dept. QQQ 7,000 13,000 Fixed Selling & Admin & R&D Selling 3400 Admin 4000 R&D 3600 11000 [per customer] ClassCo Maintain Activities Order Products Processing Projects Customer Sustaining DL Hrs General Total Departments V # of Orders # of # of Projects Unallocated Customers Production Dept. ZZZ 10% 60% 15% 10% 5% 100% For Production Dept. QQQ 20% 50% 10% 10% 10% 100% Selling 20% 20% 20% 25% 15% 100% Admin 10% 25% 20% 10% 35% 100% R&D 15% 25% 35% 10% 15% 100% TO DO: A. Compute activity pools amounts & Cost per activity Unit [need to compute total # of Hrs.] B Customer BBB in the period placed two orders for [in total] bought 100 ProductA & 120 Product B Profit for Cust. BBB using FAC & ABC costing C. Profit by product & Total company using, Variable & ABC