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Tristar Manufacturing produces two types of battery operated toy soldiers: Infantry and special forces. The soldiers are produced by using one continuous process Four activities
Tristar Manufacturing produces two types of battery operated toy soldiers: Infantry and special forces. The soldiers are produced by using one continuous process Four activities have been identified machining setups, receiving and packing Resource drivers have been used to assign costs to each activity The overhead activities, their costs, and the other related data are as follows Product Machine Hours Setups Receiving Orders Packing Orders Infantry 20 700 270 990 1,540 Special Forces 20,700 90 110 770 . Costs $82,800 $21,528 $20,130 $28,875 Required: 1 Calculate the total overhead assigned to each product by using only machine hours to calculate a plantwide rate (Round overhead rale answer to wo decimal pluces and other answers to the nearest dollar) 2. Calculate consumption ratios for each activity (Round to two decimal places) 3. Calculate a rate for each activity by using the associated driver. (Round to two decimal places) 4. Assign the overhead costs to each product by using the activity vales computed in Requirement 3 5 CONCEPTUAL CONNECTION Comment on the difference between the assignment in Requirement 1 and the activity based assignment
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