Solution
Royale | Majestic | |
Overhead allocated | $ 4,160,000.00 | $ 3,762,700.00 |
Overhead cost per unit | $ 166.40 | $ 376.27 |
Working
Cost assigned to Royale | |||
Activity name | Activity Rates | Activity | ABC Cost |
(A) | (B) | (A x B) | |
Purchasing | $ 32.00 | 17,000.00 | $ 544,000 |
Machine Setup | $ 51.00 | 5,000.00 | $ 255,000 |
Machining | $ 41.00 | 75,000.00 | $ 3,075,000 |
Quality control | $ 26.00 | 11,000.00 | $ 286,000 |
Total Overheads assigned | $ 4,160,000 | ||
Production | 25,000.00 | ||
Overhead cost per unit | $ 166.40 |
.
Cost assigned to Majestic | |||
Activity name | Activity Rates | Activity | ABC Cost |
(A) | (B) | (A x B) | |
Purchasing | $ 32.00 | 22600 | $ 723,200 |
Machine Setup | $ 51.00 | 13500 | $ 688,500 |
Machining | $ 41.00 | 45800 | $ 1,877,800 |
Quality control | $ 26.00 | 18200 | $ 473,200 |
Total Overheads assigned | $ 3,762,700 | ||
Production | 10,000.00 | ||
Overhead cost per unit | $ 376.27 |
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($40 per DLH) Total per unit cost Royale Majestic $600 $400 120 100 240 200 $700 In 2020. Schultz manufactured 25,000 units of the Royale and 10,000 units...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($40 per DLH) Total per unit cost Royale $660 120 240 $1,020 Majestic $400 100 200 $700 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Question 3 Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Royale $650 Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($42 per DLH) Total per unit cost Majestic $400 100 120 210 252 $1,022 $710 In 2020, Schultz manufactured 25,000 units of the Royale...
High-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($40 per DLH) Total per unit cost Royale $600 120 240 $960 Majestic $400 100 200 $700 In 2020. Schultz manufactured 25,000 units of the Royale and 10.000 units of the Majestic The...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,270. The production cost computed per unit under traditional costing for each model in 2017 was as follows. Traditional Costing Royale Majestic Direct materials $640 $410 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($42 per DLH) 252 210 Total per unit cost $1,012 $720 In 2017, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $660 $420 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($40 per DLH) 240 200 Total per unit cost $1,020 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $650 $410 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($42 per DLH) 252 210 Total per unit cost $1,022 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $660 $420 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($40 per DLH) 240 200 Total per unit cost $1,020 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $650 $410 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($42 per DLH) 252 210 Total per unit cost $1,022 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $600 $430 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($41 per DLH) 246 205 Total per unit cost $966 $735 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...