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Time Limit: 3:15:00 Supplementary Test 2 - Requires Respondus LockDown Browse. Time Left:2-55:20 Anju Kumari Ray, Attempt 1 Page 1: McCurry Pty Lid manufactures a

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Time Limit: 3:15:00 Supplementary Test 2 - Requires Respondus LockDown Browse. Time Left:2-55:20 Anju Kumari Ray, Attempt 1 Page 1: McCurry Pty Lid manufactures a variety of desks. The company's manufacturing activities and related data for the current year, are as follows. ctivities Costs Cost driver Volume for cost driver 4 5 Materials handling $ 80, 000 Number of parts 40, 000 parts Cutting 20, 000 Machine hours 4,000 hours Assembly 350, 000 Direct labour hours 50, 000 hours In July, two styles of desk were produced: the Economic and the Executive. Drext labour is $20 per hour Their costs and other data are as follows: Economic Executive Units produced 500 100 Direct material $60, 000 $20, 000 Direct labour hours 600 300 500 50 Machine hours 10, 000 Number of parts Required 4. Compute the allocation rates for each activity ($ marks) b. Calculate total manufacturing costs and unit costs for the Economic and Executive doris . @ Brightspace x Exam Supplementary Test 2 - Requires Respondus LockDown Browser Time Limit: 3:15:00 Time Left: 2:55:15 Anju Kumari Ray. Attempt 1 Page 1: Economic Executive 100 Units produced 500 $20, 000 Direct material $60, 00 600 300 Direct labour hours Machine hours 500 1.020 10, 000 Number of parts Required a. Compute the allocation rates for each activity. (S marks) b. Calculate total manufacturing costs and unit costs for the Economic and Executive desks using ABC. (S marks) c. If non-manufacturing activities are allocated to the Economic desk, at $35 per until, and to the Executive, at $25 per unit, calculate the product cost, per unit, including the non- manufacturing costs. ($ marks) . Assuming that the company uses the single rate (plant-wide rate) to allocate overhead costs, the machine hours as a location base, compute the plant-wide rate, and calculate total he costs and unit costs for the both types of desk, using the plant-wide rate /S [Total for Question 4: 20 marks)

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