Question

Process Activity Components Changeover Machining Setups Quantity 890 7,880 80 Finishing Welding Inspecting Rework Overhead Co
Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for ea
Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final.answe
s to 2 decimals places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred ass
2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $240 f
3. If the market price for Model 145 is $578.13 and the market price for Model 212 is $324.81, determine the profit or loss p
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer is given below

Expected Costs Activity Expected Activity Model 145 Activity Overhead Driver Incurred Activity Rate Model 212 Activity Overhe

Add a comment
Know the answer?
Add Answer to:
Process Activity Components Changeover Machining Setups Quantity 890 7,880 80 Finishing Welding Inspecting Rework Overhead Cost...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Process Activity Components Changeover Machining Setups Quantity 930 7,700 200 Finishing Welding Inspecting Rework Overhead Cost...

    Process Activity Components Changeover Machining Setups Quantity 930 7,700 200 Finishing Welding Inspecting Rework Overhead Cost Driver $451,000 Number of batches 300,800 Machine hours 227,000 Number of setups $978,800 $181,500 Welding hours 230,000 Number of inspections 60,150 Rework orders $471,650 $136,000 Purchase orders 32,400 Number of units 60,040 Number of units $228,440 5,700 850 210 Support Purchasing Providing space Providing utilities 540 5,700 5,700 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of...

  • Process Activity Components Changeover Machining Setups Quantity 830 8,470 40 Finishing Welding Inspecting Rework Overhead Cost...

    Process Activity Components Changeover Machining Setups Quantity 830 8,470 40 Finishing Welding Inspecting Rework Overhead Cost Driver $456,000 Number of batches 306,000 Machine hours 226,000 Number of setups $988,000 $194,000 Welding hours 223,000 Number of inspections 64,500 Rework orders $481,500 $133,000 Purchase orders 35,000 Number of units 67,000 Number of units $235,000 6,500 845 200 Support Purchasing Providing space Providing utilities 507 5,210 5,210 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of...

  • Process Activity Components Changeover Machining Setups Quantity 870 7,670 140 Finishing Welding Inspecting Rework Overhead Cost...

    Process Activity Components Changeover Machining Setups Quantity 870 7,670 140 Finishing Welding Inspecting Rework Overhead Cost Driver $458,500 Number of batches 301, 600 Machine hours 227,000 Number of setups $987, 100 $181,300 Welding hours 223,000 Number of inspections 61, 150 Rework orders $ 465,450 $135,000 Purchase orders 30,900 Number of units 60, 900 Number of units $ 226,800 5,000 795 170 Support Purchasing Providing space Providing utilities 465 4,200 4,200 Additional production information concerning its two product lines follows. Units...

  • Saved ULE ALLAVALY Components Changeover Machining Setups LILY 930 8,550 20 Finishing Welding Inspecting Rework UVEDU...

    Saved ULE ALLAVALY Components Changeover Machining Setups LILY 930 8,550 20 Finishing Welding Inspecting Rework UVEDU LUE VELVE $ 581,250 Number of batches 403,560 Machine hours 37,580 Number of setups $1,022,310 $ 401,380 Welding hours Number of 283,075 inspections 60,200 Rework orders $ 744,655 $ 170,850 Purchase orders 31,900 Number of units 6,100 845 280 Support Purchasing Providing space Providing utilities 510 5,700 Number of units 5,700 75,830 $ 278,580 Additional production Information concerning its two product lines follows Model...

  • Real Cool produces two different models of air conditioners. The company produces the mechanical systems in their components department. The mechanical systems are combined with the housing assembly i...

    Real Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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. (Round OH rate, cost per unit and dollar amounts answers to 2 decimal places.) Activity Overhead Cost Driver Quantity Process $459,000 300,800 227,000 $986,800 $182,000 225,000 60,300 $467,300 $138,000 31,000 60,250...

  • Way Cool produces two different models of air conditioners. The company produces the mechanical systems in...

    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. Process Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 830 8,060 Finishing Welding Inspecting Rework Overhead Cost $ 518,750 374, 790 262,500 $1,156,040 $...

  • Question 4: Under the required 2 tab: Determine the total cost per unit for each product...

    Question 4: Under the required 2 tab: Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $122 for Model 212. (Round your final answers to 2 decimal places.) Under the required 3 tab: If the market price for Model 145 is $710.99 and the market price for Model 212 is $377.51, determine the profit or loss per unit for each model. (Round your...

  • Way Cool produces two different models of air conditioners. The company produces the mechanical systems in...

    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. Process Activity Overhead Cost Driver Quantity Components Changeover $ 586,950 Number of batches 910 Machining 349,758 Machine hours 7,620 Setups 288,800 Number of setups 160 $ 1,225,508 Finishing Welding $ 370,980...

  • Way Cool produces two different models of air conditioners. The company produces the mechanical systems in...

    Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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. Quantity 750 Process Activity Changeover Machining Overhead Cost Driver Number of batches Components 438,750 391,527 Machine hours 8,530 Number of setups Setups 182,e0e 108 $1,012,277 Welding Inspecting Rework Finishing Welding hours...

  • Exercise 17-7 Using the plantwide overhead rate to assess prices LO P1 Way Cool produces two...

    Exercise 17-7 Using the plantwide overhead rate to assess prices LO P1 Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT