EEl uses ABC to determine the unit costs of its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each activity consumes, as shown below. EEI has four activities: job setup, assembly, inspecting and finishing, and packaging Setup Assembly 603 Inspecting and Finishing 156 Packaging Salaries Supplies Factory expense Total 1000 100 100 The activity cost drivers for the two products are summarized below. Activities Setup Assembly Inspect and finishing Packaging Activity Driver Batch Unita Finishing hours Packing hours Batehes Units Finishing hours, per unit Packaging hours, per unit Materials per unit Safe-V 240 59,000 0.30 0.20 $ 4.00 Safe-T 590 71.000 0.20 0.10 $ 5 Required: 1. Determine the amount of the cost pool for each of the four activities. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the activity-based unit cost for each of the products. Required: 1. Determine the amount of the cost pool for each of the four activities. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the activity-based unit cost for each of the products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the amount of the cost pool for each of the four activities. Factory Costs Setup Assembly Inspecting & Finishing Packaging Salaries Supplies Factory expense Required 2 > Vetemeure amount of the cost pool for each of the four activities. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the activity-based unit cost for each of the products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the activity-driver rates for assigning factory costs to the two products. (Round your answers to 2 dec Activity-Driver Rates Setup Assembly Inspect and Finish Packaging Required 1 Required 3 > Required: 1. Determine the amount of the cost pool for each of the four activities. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the activity-based unit cost for each of the products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the activity-based unit cost for each of the products. (Round your intermediate calculations and final answers to 2 decimal places.) Safe-V Safe-T Activity-based cost per unit Required 2 Required 3 ) EyeGuard Equipment Inc. (EEI) manufactures protective eyewear for use in commercial and home applications. The product is also used by hunters, home woodworking hobbyists, and in other applications. The firm has two main product lines-the highest quality product is called Safe-T, and a low-cost, value version is called Safe-V. Information on the factory conversion costs for EEI is as follo Salaries Supplies Factory expense Factory Costs $ 849,000 149.000 549,000 $1.547.000 EEI uses ABC to determine the unit costs of its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each activity consumes, as shown below. EEI has four activities: job setup, assembly, inspecting and finishing, and packaging. Inspecting and Finishing Setup Assembly 608 156 Packaging 58 Salaries Supplies Factory expense Total 1008 100 100 60 The activity cost drivers for the two products are summarized below. Activities Setup Assembly Inspect and finishing Packaging Activity Driver Batch Units Finishing hours Packing hours Safe 590 Batches Units Finishing hours, per unit Packaging hours, per unit Safey 240 59.000 0.30 0.20 71.000 0.20 0.10 proy 1 of 3 Next >
