Required 1 : | ||
Activity cost pool | Activity rate [ Estimated overhead cost / Estimated total activity ] | |
Machine setups ( 26730 / 243 ) | 110 | per setup |
Special processing ( 282000 / 4700 ) | 60 | per MH |
Required 2 : | ||
Overhead allocated [ Activity * Activity rate ] | ||
Activity cost pool | Hubs | Sprockets |
Machine setup | 14850 | 11880 |
Special processing | 282000 | 0 |
Total overhead allocated | 296850 | 11880 |
Hubs | Sprockets | |
Direct materials | 24.00 | 14.00 |
Direct labor [ Direct labor hours per unit * Direct labor wage rate per hour ] | 9.50 | 1.90 |
Overhead [ Total overhead allocated / Annual production ] | 17.46 | 0.23 |
Unit cost | 50.96 | 16.13 |
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.90 25,000 units 0.50 56,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $40 in direct materials per unit, and Sprockets require $16 b. The direct labor wage rate is $11 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours Annual per Unit Production 10,000 units 56,000 units Hubs 0.90 Sprockets 0.50 Additional information about the company follows: a. Hubs require $34 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $18 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.50 27,000 units 0.10 45,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $40 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $16 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor Hours per Annual Unit Production 0.5e 25,000 units @.10 45 , ᎾᎾᎾ units Hubs Sprockets Additional information about the company follows: a. Hubs require $27 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $15 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.60 16,000 units 0.20 57,000units Hubs Sprockets Additional information about the company follows: 0. Hubs require $36 in direct materials per unit, and Sprockets require $14. a. The direct labor wage rate is $17 per hour. b. Hubs require special equipment and are more complex to manufacture than Sprockets. c. The ABC system has the following activity cost pools:...
Fogerty Company makes two products—titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit Annual Production Hubs 0.70 22,000 units Sprockets 0.30 55,000 units Additional information about the company follows: Hubs require $32 in direct materials per unit, and Sprockets require $18. The direct labor wage rate is $15 per hour. Hubs require special equipment and are more complex to manufacture than Sprockets. The ABC system has the following activity cost pools: Estimated Activity Activity Cost...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow. Direct Labor- Hours per Annual Unit Production 0.90 12,000 units 0.50 47,000 units Hubs Sprockets Additional information about the company follows: erences a. Hubs require $36 in direct materials per unit, and Sprockets require $17. b. The direct labor wage rate is $17 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.60 13,000 units 0.20 47,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $37 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $19 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.70 13,000 units 0.30 57,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $24 in direct materials per unit, and Sprockets require $20. b. The direct labor wage rate is $12 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.70 26,000 units 0.30 41,000 units Hubs Sprockets Additional Information about the company follows: a. Hubs require $25 in direct materials per unit, and Sprockets require $20. b. The direct labor wage rate is $18 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...