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The following is the budgeted direct cost and indirect cost information for Nivag: Direct Costs Direct materials Direct manufacturing labor Setup cost Basketballs Volleyballs $209,750
The following is the budgeted direct cost and indirect cost information for Nivag: Direct Costs Direct materials Direct manufacturing labor Setup cost Basketballs Volleyballs $209,750 $ 358,290 107,333 102.969 Indirect Costs $143,500 109,900 151,200 Equipment and maintenance costs Rent Other budgeted information follows. Number of balls Machine hours Number of batches Area of production space used (m) Basketballs Volleyballs 66,000 100,000 11,000 12.500 300 400 3,360 5,040 (For each item below select from the drop-down list.) a) What is the budgeted setup cost allocation rate (setup cost per batch)? Ans. - S b) How much of the rent costs are allocated to basketballs? Ans. - $ c) What is the budgeted total cost of producing basketballs? Ans. - $
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