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Thank you Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below: Direct materials per unit
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Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below: Direct materials per unit Direct labor cost per unit Direct laborehours per unit Estimated annual production and sales Xactive $ 64.29 $ 17.60 1.4 DLHS 19,000 units $ $ Pathbreaker 50.40 12.40 1 DLHS 69,000 units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below Estinated total manufacturing overhead Estimated total direct labor-hours $1,854,640 95,600 DLHS Required: 1-a. Compute the predetermined overhead rate based on direct labor-hours. 1-0. Using the predetermined overhead rate and other data from the problem, determine the unit product cost of each product. 2. The company is considering replacing its conventional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools: Activity cost Pools and Activity Measures Supporting direct labor (oirect labor-hours) Batch Setups (setups Produce sustaining number of products General factory machine-hours) Total manufacturing overhead cost Estimated Overhead Cost 5 664,420 476,000 653,060 61,160 $1,854,640 Expected Activity Xactive Pathbreaker Total 26,660 69,000 95,600 220 120 340 1 2 1,900 6,900 3,800 Determine the activity rate for each of the four activity cost pools. 3. Using the activity rates and other data from the problem, determine the unit product cost of each product. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Reg 3 Compute the predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Req 10 > Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below. Direct materials per unit Direct labor cost per unit Direct labor hours per unit Estimated annual production and sales Xactive 64.20 17.60 1.4 LHS 19,000 units $ $ Pathbreaker 50.40 12.40 1 DLHS 69,000 units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below Estimated total manufacturing overhead Estimated total direct labor-hours $1,854,640 95,600 DLHS Required: 1-a. Compute the predetermined overhead rate based on direct labor-hours. 1-6/Osing the predetermined overhead rate and other data from the problem determine the unit product cost of each product. 2. The company is considering replacing its conventional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools: Activity cost Pools and Activity Measures Supporting direct labor (direct labor-hours) Batch setups (setup Rroduct sustaining number of products General factory machine-hours) Total manufacturing overhead cose Estimated Overhead Cost $ 664,420 476,000 653,060 61 160 52,854,640 Expected Activity Xactive Pathoceaker Total 26,600 69,000 95,600 220 120 340 1 1,900 8. Doe 8,800 Determine the activity rate for each of the four activity cost pools. 3. Using the activity rates and other data from the problem determine the unit product cost of each product. Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2 Reg 3 Using the predetermined overhead rate and other data from the problem, determine the unit product cost of each product Round your intermediate calculations and final answers to 2 decimal places.) Xactive Pathbreaker Unit product com Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below! Direct materials per unit Direct labor cost per unit oired labor hours per unit Estimated annual production and sales $ $ Xactive 64.20 17.60 1.4 DLHS 19,000 units $ $ Pathbreaker 50.40 12.40 1 DLHS 69,000 units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below. Estimated total manufacturing overhead Estimated total direct Labon-hours $1,854,640 95,600 DLHS Required: 1-a. Compute the predetermined overhead rate based on direct labor-hours. - Using the predetermined overhead rate and other data from the problem determine the unit product cost of each product. 2. The company is considering replacing its conventional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools Activity cost Pools and Activity Measures Supporting direct Labor (direct labor-hours) Batch setups (setups Product sustaining (number of products) General factory machine hours) Total manufacturing overhead cost Estimated Overhead Cost 5 664,420 476,000 653,060 61.160 $1,854,640 Expected Activity Xactive Pathbreaker Total 26,600 69,000 95,600 220 12e 340 1 2 1,900 6,900 8,800 Determine the activity rate for each of the four activity cost pools, 3. Using the ac rates and other data from the problem, determine unit product cost of each product Complete this question by entering your answers in the tabs below. Req 1A Reg 18 Reg 2 Reg 3 Determine the activity rate for each of the four activity cost pools. (Round your "per DLH" and "per MHR" answers to 2 decimal places. Activity Cost Pools Activity Rate Supporting direct labor Batch setups per setup Product sustaining per product General factory per DLH per MHR Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below: Direct materiale per unit Direct labor cost per unit Direct laborrhours per unit Estimated annual production and sales Xactive $ 64.20 $ 17.60 1.4 LHS 19 19,000 units $ $ Pathbreaker 50.40 12.40 1 DLHS 69,000 units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data conceming manufacturing overhead and direct labor-hours for the upcoming year appear below: Estimated total manufacturing owerhead Estimated total direct lobor-hours $1,854,640 95,688 DLHS Required: 1-al Compute the predetermined overhead rate based on direct labor-hours. 1. Using the predetermined overhead rate and other data from the problem, determine the unit product cost of each product. 2. The company is considering replacing its conventional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools: Activity Cost Pools and Activity Measures Supporting dinect Labo (rect Labor hours) Batch setups Setups) Product Sustaining number of products) General factory (hachine-hours) Total tanufacturing overhand cost Estimated Overhead Cost $ 664,420 476,000 653,060 61,160 $1,854,640 Expected AS Xactive Pathbreaker Tota 26,600 69,000 95,600 220 120 340 1 1,900 6,900 8,800 Determine the activity rate for each of the four activity cost pools. B. Using the activity rates and other data from the problem, determine the unit product cost of each product Complete this question by entering your answers in the tabs below. Req IA Reg 1B Req 2 Rea 1 Using the activity rates and other data from the problem, determine the unit product cost of each product. (Round your interfediate calculations and final answers to 2 decimal places.) Xactive Pathbreaker Unit product cost & Reg 2 Step by Step Solution
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