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The following are the costs incurred during the last month for the company's three categories of overhead costs: Material $26,000 Handling 56,000 Machine operating (based
The following are the costs incurred during the last month for the company's three categories of overhead costs: Material $26,000 Handling 56,000 Machine operating (based on labour hours) Product Design 16,000 Total $98,000 Currently, overhead costs are applied to each model based on labour hours. The manufacturing capacity is fully used. Other relevant information: DX JX Number of units produced per month 120 200 75 55 Number of handling moves per month Number of designs modified 65 35 Identify the cost hierarchy level for each activity: [ Select] Material Handling Machine operating Product Design [ Select] [ Select ] Identify the cost hierarchy level for each activity: [ Select] Material Handling Machine operating Product Design [ Select] [ Select ] Calculate the following items: (Do not enter "$" and "," for your answers.) 1. Total labour hours worked: Hours 2. Manufacturing overhead $ rate based on the traditional costing method (i.e. labour hours) /hour 3. (a) the total manufacturing $ overhead costs allocated to DX: 3. (b) the total manufacturing $ overhead costs allocated to JX: 4. Based on the traditional cost allocation, what is the mark-up percentage in relation to the total cost and sales? % Do not enter "$" and "," for your answers. 5. Using an activity-based approach, what are the overhead rates for (a) material handling ta (b) machine operating $ (c) product design Do not enter "$" and "," for your answers. 6. (a) Using the ABC costing method, what are the total manufacture overhead costs allocated to DX ? 6. (b) Using the ABC costing method, what are the total manufacture overhead costs allocated to DX ? ta Question 24 2 pts DX JX |(7) Identify over- [ Select ] A [ Select] allocated, correctly- allocated, or under- allocated for DX and JX, using the traditional costing method
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