Required 1 : | ||
Activity cost pool | Activity rate | |
Machine setups ( 28125 / 225 ) | 125 | per setup |
Special processing ( 144000 / 3600 ) | 40 | per MH |
Required 2 : | ||
Overhead allocated [ Activity * Activity rate ] | ||
Activity cost pool | Hubs | Sprockets |
Machine setup | 15625 | 12500 |
Special processing | 144000 | 0 |
Total overhead allocated | 159625 | 12500 |
Hubs | Sprockets | |
Direct materials | 22.00 | 14.00 |
Direct labor [ Direct labor hours per unit * Direct labor wage rate per hour ] | 11.90 | 5.10 |
Overhead [ Total overhead allocated / Annual production ] | 7.60 | 0.24 |
Unit cost | 41.50 | 19.34 |
Fogerty Company makes 2 products- titanium Hubs and Sprockets. Data regarding the 2 products follow: Exercise...
Fogerty Company makes two products—titanium Hubs and Sprockets.
Data regarding the two products follow:
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.90 27,000 units 0.50 41,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $36 in direct materials per unit, and Sprockets require $12. b. The direct labor wage rate is $19 per hour. c. Hubs require special equipment and are more...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.90 15,000 units 0.50 52,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $32 in direct materials per unit, and Sprockets require $17. 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 Unit 0.50 0.10 Annual Production 14,000 units 46,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $33 in direct materials per unit, and Sprockets require $19. 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 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 0.60 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 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 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 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 0.50 17,000 units 0.10 51,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $24 in direct materials per unit, and Sprockets require $14. 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: Hours per Annual Hubs Sprockets 8.88 17.800 units 8.48 44,880 units Additional information about the company follows: a. Hubs require $20 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $16 per hour. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Estimated Activity Cost Pool...