Answered step by step
Verified Expert Solution
Question
1 Approved Answer
U Standford Corporation makes two types of vaccination: Nu vaccine and covid vaccine. Standford has hypothetical information for these two vaccines Activity Washing, Pressing and
U Standford Corporation makes two types of vaccination: Nu vaccine and covid vaccine. Standford has hypothetical information for these two vaccines Activity Washing, Pressing and Filtering (UPF) Bottling Total Activity Cost Cost Driver 31,736,000 Washing, Pressing, and Filtering hours $ 340,000 Number of bottles TM VIC Cavid Vaccine 42.000 hours 108,000 hours 320,000 bottles80,000 bottles 00-25-50 Products Flu Vaccine Covid Vaccine Direct sales Materials Rtv Corte $5,250,000 $900,000 52.600,000 $500,000 otract Labor Conta $375,000 $150.000 Required: Calculate 1. The activity rate for each cost pool 2 Total overhead assigned to each vaccine 3. Total manufacturing cost for each vaccine Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the activity rate for each cout pool. (Round your answers to 2 dedma laons. Activity Cost Pool Washing. Pressing & Filtering (WPF) per hour Bottling per borte (Required Required 2 > Products Flu Vaccine Covid Vaccine Sales Revenue $5,150,000 $2,600,000 Materials Costs $900,000 $600,000 Labor Costs $375,000 $ $150,000 Required: Calculate 1. The activity rate for each cost pool. 2. Total overhead assigned to each vaccine. 3. Total manufacturing cost for each vaccine Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the activity rates, determine the total amount of overhead assigned to each product. (Round activity rates to 2 decimal places) Activity Flu Overhead Activity Rate Activity for Flu vaccine assigned to Flu Vaccine Covid Overhead Activity for Cavid Vaccine assigned to Covid Vaccine WPF Bottling Total
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started