Bonita Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi- purpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or [1.5 hours x (54,000+ 10,200)]. Estimated annual manufacturing overhead is $1,570,138. Thus, the predetermined overhead rate is $16.30 or ($1,570,138 +96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Use of Drivers by Product Estimated Use of Cost Drivers Activity Cost Pools Cost Drivers Estimated Overhead Receiving Pounds $83,750 335,000 Forming Machine hours 150,850 35,000 Assembling Number of parts 403,620 217,000 Testing Number of tests 49,980 25,500 Painting Gallons 57,838 5,258 Packing and shipping Pounds 824,100 335,000 $1,570,138 Home 215,000 27,000 165,000 15,500 3,680 215,000 Commercial 120,000 8,000 52,000 10,000 1,578 120,000 (a) Under traditional product costing, compute the total unit cost of each product. (Round answers to 2 decimal places, e.g. 12.50.) Home Model Commercial Model Total unit cost eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, e.g. 12.25.) Expected Activity Cost Pool Estimated Overhead Activity-Based Overhead Rate Use of Cost Drivers Receiving Pounds per pound Forming Machine hours per machine hour Assembling Parts per part Testing Tests per test Painting Gallons per gallon Packing and shipping Pounds per pound Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers (Round overhead cost per unit to 2 decimal places, ep. 12.25 and cost assigned to 0 decimal places, p 2,500) Home Model Activity Based Overhead Rates Expected Use of Drivers Activity Cast Pool Cost Assigned Commercial Model Activity-Based Overhead Rate Expected Use of Drivers Cost Assigned Receiving Forming Assembling Packing and shipping Total costs assigned (a) Units produced (b) Overhead cost per unit()+(b Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, e.g. 12.25.) Home Model Commercial Model Total cost per unit LINK TO TEXT LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Classify each of the activities as a value-added activity or a non-value-added activity. Activity Receiving Forming Assembling Testing Painting Packing and shipping