Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using activity rates and other data from problem determine the unit product cost of each product. (I already have unit product cost using predetermined overhead
Using activity rates and other data from problem determine the unit product cost of each product. (I already have unit product cost using predetermined overhead rate, I don't think it's the same formula)
Data concerning manufacturing overhead and direct labor hours for the upcoming year appear below Estimated total manufacturing overhead $2,318,960 Estimated total direct labor hours 114,800 DLHS Required: 1-a. Compute the predetermined overhead rate based on direct labor-hours. 1-6. Using the predetermined overhead rate and other data from the problem, determine the unit product cost of each produce 2. The company is considering replacing its conventional costing system with an activity-based costing system that would ass manufacturing overhead to the following four activity cost pools. Estimated Overhead Expected Activity Activity Cost Pools and Activity Measure) Xactive Pathbreaker Supporting direct labor (direct labor-hours) S 843,780 37.800 77,000 114,800 Batch setups (etups) 756,000 Product sustaining number of products) 642,740 1 General factory (machine-houn) 2,700 7,700 10,400 Total manufacturing overhead cost $ 2,318,960 Determine the activity rate for each of the four activity cost pools. 3. Using the activity rates and other data from the problem, determine the unit product cost of each product Cost Total 260 160 1 420 2 76,440 Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Reg 2 Reg 3 Using the activity rates and other data from the problem, determine the unit product cost of each product. (Round your intermediate calculations and final answers to 2 decimal places.) Xactive Pathbreaker Unit product cost & Req 2 Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below Duct material per unit Direct labor cont permit Direct labor hours per unit Estimated meal production and sa Xactive 5 65.00 $ 1840 14 DLH 27.000 Pathbreaker 551 20 31320 1 DLHE 7.000 t The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor hours Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below Req 1A Reg 1B Reg 2 Req3 Determine the activity rate for each of the four activity cost pools. (Round your "per DLH" and decimal places.) Activity Cost Pools Supporting direct labor Batch setups Product sustaining General factory $ $ $ Activity Rate 7.35 per DLH 1,800 per setup 321,370 per product 7.35 per MHR $ 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