Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with

image text in transcribed
image text in transcribed
image text in transcribed
Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow (Loss amounts should be Indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Mtivity Overhead Coat Diver Quantity Components Changeover 3455,500 Number of batches 730 Machining 301,200 Machine hours 7,730 Setups 226,000 amber of setup 220 5.982,700 Finishing Welding 1181,600 Welding hours 5.500 Inspecting 234,000 Number of Inspection 795 Bevork 61,850 Nowork orders 190 3477.450 Support Purchasing 3135.000 Purchase order 525 Providing space 32.000 berat it 5.400 Providing slities 69,220 5.400 3227.220 Adotional productions Information concerning its two product lines follows Units produced Model 14 1.650 Weldinho 3,600 2.000 Batches 1.500 365 ber of inspection 365 870 this 335 2.330 5.400 110 110 Never 70 Turchase orders 120 350 125 Required: MacBook Air $ 7 B E R. Y S F G H J K C V B N M 6 Saved sing a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Determine the total cost per unit for each product line if the direct labor and direct materials coats per unit 0810 20 for Model 212. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit verhead Assigned Model 145 Model 212 Model 145 Model 212 at the market price for Model 145 is $737 and the market price for Model 212 is $510, determine the profit or loss per unit for each model Model 145 Model 212 Market price MacBook Air 2 3 5 6 8 E R 0 eation.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%253A 2F%252Fims.mheducation.c work Saved Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its com department. The mechanical systems are combined with the housing assembly in its finishing department. The activitie drivers associated with these two manufacturing processes and the production support process follow. (Loss amounts indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers places.) Proces Activity Components Changeover Machining Setups Quantity 730 7.730 220 Finishing Welding Inspecting Rework Overhead Cost Driver $ 455,500 Number of batches 301,200 Machine hours 226.000 Number of setup $ 982,700 $ 181,600 Melding hours 234,000 Number of inspections 61,350 Rework orders $ 477,450 $ 135,000 Purchase orders 32,000 Number of unita 60,220 Number of units $ 227.220 5,500 795 190 Support Purchasing Providing space Providing utilities 525 5.400 5,400 Additional production Information concerning its two product lines follows Units produced Welding hours Matches Number of inspections Mine bouts setups Dewock Order Purchase order Model 145 1,800 2.000 365 470 2,330 110 70 350 Model 212 3.600 3,500 365 325 5,400 110 120 175 Required: MacBook Air 2 3 5 6 7 Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow (Loss amounts should be Indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Mtivity Overhead Coat Diver Quantity Components Changeover 3455,500 Number of batches 730 Machining 301,200 Machine hours 7,730 Setups 226,000 amber of setup 220 5.982,700 Finishing Welding 1181,600 Welding hours 5.500 Inspecting 234,000 Number of Inspection 795 Bevork 61,850 Nowork orders 190 3477.450 Support Purchasing 3135.000 Purchase order 525 Providing space 32.000 berat it 5.400 Providing slities 69,220 5.400 3227.220 Adotional productions Information concerning its two product lines follows Units produced Model 14 1.650 Weldinho 3,600 2.000 Batches 1.500 365 ber of inspection 365 870 this 335 2.330 5.400 110 110 Never 70 Turchase orders 120 350 125 Required: MacBook Air $ 7 B E R. Y S F G H J K C V B N M 6 Saved sing a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Determine the total cost per unit for each product line if the direct labor and direct materials coats per unit 0810 20 for Model 212. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit verhead Assigned Model 145 Model 212 Model 145 Model 212 at the market price for Model 145 is $737 and the market price for Model 212 is $510, determine the profit or loss per unit for each model Model 145 Model 212 Market price MacBook Air 2 3 5 6 8 E R 0 eation.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%253A 2F%252Fims.mheducation.c work Saved Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its com department. The mechanical systems are combined with the housing assembly in its finishing department. The activitie drivers associated with these two manufacturing processes and the production support process follow. (Loss amounts indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers places.) Proces Activity Components Changeover Machining Setups Quantity 730 7.730 220 Finishing Welding Inspecting Rework Overhead Cost Driver $ 455,500 Number of batches 301,200 Machine hours 226.000 Number of setup $ 982,700 $ 181,600 Melding hours 234,000 Number of inspections 61,350 Rework orders $ 477,450 $ 135,000 Purchase orders 32,000 Number of unita 60,220 Number of units $ 227.220 5,500 795 190 Support Purchasing Providing space Providing utilities 525 5.400 5,400 Additional production Information concerning its two product lines follows Units produced Welding hours Matches Number of inspections Mine bouts setups Dewock Order Purchase order Model 145 1,800 2.000 365 470 2,330 110 70 350 Model 212 3.600 3,500 365 325 5,400 110 120 175 Required: MacBook Air 2 3 5 6 7

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Hotel And Restaurant Accounting

Authors: Cole Raymond

8th Edition

0866125531, 9780866125536

More Books

Students also viewed these Accounting questions

Question

Why is rejecting ????0 a reliable decision?

Answered: 1 week ago