Zelalem Wondifraw 02/12/22 11:44 AM Katy Boards manufactures two models of surfboards, Basic and Competition, in a facility in Southern California. In fabrication, machine setup costs are driven by the number of setups, machine maintenance and utility costs increase with the number of machine hours, and indirect labor costs increase with direct labor hours, Facility our rent and machine depreciation are fixed, and are the basis of manufacturing capacity. Fixed costs are allocated equally to each unit produced, regardless of model Currently, Katy uses 60% of its manufacturing capacity. The cost of unused capacity is not assigned to products, but is expensed as a separate line item. For 2020, Katy has budgeted the following (Click the icon to view the budgeted information.) Read the requirements (Click the icon to view other information.) Data table est Basic Budgeted Costs for the Direct materials 164500 Year Ended December 31, 2020 Direct manufacturing labor 157500 Direct materials-Basic boards S 164,500 Machine setup costs Direct materials Competition boards 474,500 Machine maintenance and utilities Direct manufacturing labor-Basic boards 157,500 Direct manufacturing labor-Competition boards 472,500 Indirect labor Machine setup costs 225.000 Machine maintenance and ublity costs 1.085.500 Help me solve this Etext pages Get more help - Indirect labor costs 189,000 Facility rent 200,000 Machine depreciation 30,000 Help 1144 Homework: Chapter 5 - Homework Question 4, P5-41 (similar to) Part 8 of 12 HW Score: 86.22 %, 3.45 of 4 points Points: 0.45 of 1 Save Katy Boards manufactures two models of surfboards, Basic and Competition, in a facility in Southern California. In fabrication, machine setup costs are driven by the number of setups, machine maintenance and utility costs increase with the number of machine hours, and indirect labor costs increase with direct labor hours. Facility rent and machine depreciation are fixed, and are the basis of manufacturing capacity: Fixed costs are allocated equally to each unit produced, regardless of model Currently, Katy uses 60% of its manufacturing capacity. The cost of unused capacity is not assigned to products, but is expensed as a separate line item. For 2020, Katy has budgeted the following (Click the icon to view the budgeted information.) Read the requirements. (Click the joon Data table Machine setup costs Machine maintenance and utilities Indirect labor Facility rent Machine depreciation Budgeted total cost Help me solve this Etext pages Get more help- Other information Basic Competition Units produced 4,700 7.300 Machine hours 32,000 51,500 Number of setups 500 1,000 Direct labor-hours 10,500 31,500 Print Done