Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Way Cool produces two different models of alt 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
image text in transcribed
image text in transcribed
image text in transcribed
Way Cool produces two different models of alt 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 Process Activity Overhead Cost Driver Components Changeover Quantity $585,150 Number of batches 83 Machining 383130 Machine hours By 100 Satupe 113200 Number of setups $1.001.980 Finishing welche $110.000 Welding hours 5.000 CAL 345,150 Number of Inspections 355 Hovora 3950 Rework orders 170 95,100 Support Purchase 17200 Purchase orders Prova 31700 Number of its 2.500 Provit 55.250 Numeroun 4.5 4.00 1 Additional production information concerning its two product lines follows Hodel 345 Unito produced Welding hound . co 31 Hunter of inspections 5 274,050 Additional production information concerning its two product lines follows. Model 212 3,000 3,400 Units produced Welding hours Batches Number of Inspections Machine hours Setups Berk orders Purchase orders Model 145 1,500 1,600 415 455 2.750 30 400 5.350 30 90 100 320 Required: 1. Using ABC, compute the overhead cost per unit for each product line 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $180 for Model 145 and $114 for Model 212 3. If the market price for Model 145 is 580747 and the market price for Model 212 548473. determine the profit or los per unit for each mode Expected Costs Expected Activity Activity Rate Model 145 Activity driver Over incurred assigo $ 585 150 333.130 113700 830 Number of batches 8.100 Machine hours 60 Setup Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Patching Providing space und $ 310,000 345 150 39.950 5.000 Welding hours 885 Inspections 170 Rework orders 5 157.200 35 350 480 Purchase 4500 Units Total cost Toto produced Overhead quid Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned A 0 0 ired 2 > Required: 1. Using ABC, compute the overhead cost per unit for each product line 2. Determine the total cost per unit for each product line of the direct labor and direct materials costs per unit are $180 for Model 145 and $114 for Model 212 3. If the market price for Model 145 is $807.47 and the market price for Model 212 is $48473. determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Rogud Required 2 Required Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit at 180 for Model 145 and 114 for Mode 212 yalan warto 2 decimal places) Model 145 Model 212 Matan and to point Overhead cost peront Toto Required: 1. Using ABC, compute the overhead cost per unit for each product line 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $180 for Model 145 and $114 for Model 212 3. If the market price for Model 145 is 580747 and the market price for Model 212 is $48473, determine the profit or loss per unit for each model 7 Complete this question by entering your answers in the tabs below. Required Requited ? Required If the market price for Model 145 is $807 47 and the market price for Model 212 is 5464.73, determine the profit or loss per unit for each modell Round your finalato 2 decimal places) Model 145 Model 212 Prica per ann (Cont par unt Pict) por unit

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

Step: 3

blur-text-image

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

Computerized Accounting Using QuickBooks Pro 2020

Authors: Alvin A. Arens, D. Dewey Ward, Carol J. Borsum

6th Edition

0912503793, 9780912503790

More Books

Students also viewed these Accounting questions