CALCULATOR STANDARD VIEW INTE VERSIO N EET Problem 17-01A - Combat Fire, Inc. manufactures steel cylinders and notes for two models of fire extinguishers: (1) a home fire extinguisher and (2) commerce extinguisher. The home made 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-longinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, to al direct labor hours are 96,300 or 11.5 hours x (54,000 + 10, 2001 Estimated annual manufacturing overhead is $1,583,096. Thus, the predetermined overhead rate is $16.44 or (51,583,096 +96.300) per direct labor hour. The Grect materie cost per untis $18.50 for the home model and $26.50 for the commercial model. The direct labor costs $19 per un 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. Estimated Use of Drivers by Product Activity Cost Pools Receiving Forming Assembling Testing Painting Packing and shipping Cost Drivers Pounds Machine hours Number of parts Number of tests Gallons Pounds Estimated Overhead $50,400 145,950 414, 470 55,080 63,096 824,100 $1.583.096 Estimated Use of Cost Drivers 335,000 35,000 217,000 25,500 5,258 335,000 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 Your answer is incorrect. Try again decimal places, e.. 12.50) Under traditional product costing, compute the total unit cost of each product. (Round answers to Home Model Commercial Model 124.32 Total unit cost 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.9. 12.2 Activity Cost Pool Estimated Estimated Overhead Activity-Based Use of Cost Drivers Overhead Rate 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,.. 12.25 and cost assigned to O decimal places, e.g. 2,500.) Estimated Use of Activity-Based Activity Cost Pool Commercial Model Drivers Overhead Rates Receiving Forming Assembling Testing | QOQLIDIDI Painting Packing and shipping Total costs assigned (a) Units produced (b) Overhead cost per unit (a) + (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 x Your answer is incorrect. Try again. Classily each of the activities as a value-added activity or a non-value-added activity Activity Receiving Forming Assembling Testing Painting Packing and shipping .. ...... b Chaw Work for this question: Open Show Work