Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Third Quarter Cost Actual Performance Sport Model Pro Model Total Units Produced & Sold 3.200 700 3.900 Seling Price per unit $1,800 $5.500 Machine Hours

image text in transcribed
Third Quarter Cost Actual Performance Sport Model Pro Model Total Units Produced & Sold 3.200 700 3.900 Seling Price per unit $1,800 $5.500 Machine Hours in Assembly 18,000 16.000 34.000 Direct Materials $1,344000 $1.000.000 $2.352.000 Direct Labor. Assembly Direct Labor - Packaging Dired Labor - Total $800,000 $1,280,000 $2,000,000 $210,000 $490,000 $700.000 $1.010.000 $1,770.000 $2.780,000 Total direct costs $3,424,000 $1,700,000 $5.132.000 Overhead costs Assembly Packaging Total Overhead costs Total Costs Cost per unit Actual Machine Hours Assembly Packaging Sport Model 18,000 9,000 Pro Model 16,000 4,000 Pro Model Actual Labor Hours Assembly Packaging Sport Model 16.000 51.200 4,200 19,600 Compute the amount of overhead applied in Assembly and Packaging, using the single rate (plant-wide rate) 3. Enter total overhead costs allocated to the Sport Model 4. Enter the cost per unit for the Sport Model 5. Enter total overhead costs allocated to the Pro Model 6. Enter the cost per unit for the Pro Model. Third Quarter Cost Actual Performance Sport Model Pro Model Total Units Produced & Sold 3.200 700 3.900 Seling Price per unit $1,800 $5.500 Machine Hours in Assembly 18,000 16.000 34.000 Direct Materials $1,344000 $1.000.000 $2.352.000 Direct Labor. Assembly Direct Labor - Packaging Dired Labor - Total $800,000 $1,280,000 $2,000,000 $210,000 $490,000 $700.000 $1.010.000 $1,770.000 $2.780,000 Total direct costs $3,424,000 $1,700,000 $5.132.000 Overhead costs Assembly Packaging Total Overhead costs Total Costs Cost per unit Actual Machine Hours Assembly Packaging Sport Model 18,000 9,000 Pro Model 16,000 4,000 Pro Model Actual Labor Hours Assembly Packaging Sport Model 16.000 51.200 4,200 19,600 Compute the amount of overhead applied in Assembly and Packaging, using the single rate (plant-wide rate) 3. Enter total overhead costs allocated to the Sport Model 4. Enter the cost per unit for the Sport Model 5. Enter total overhead costs allocated to the Pro Model 6. Enter the cost per unit for the Pro Model

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

9781119563099

Students also viewed these Accounting questions