a) overhead rate per machine hour = total overhead cost / total machine hours
= 68,400 / 12,000
= 5.7 per machine hour
Product | machine hour | Overhead rate | Total overhrad | unit cost |
V 1 | 10,000 | 5.7 | 57,000 | 5.7 |
V 2 | 2,000 | 5.7 | 11,400 | 5.7 |
b) ABC
Activity cost pool | overhead | activity | Allocation rate | V 1 | V2 |
Machine depreciation | 36,000 | machine hour | 3 | 10,000 x 3 = 30,000 | 2,000 x 3 = 6,000 |
Setup labour | 18,000 | production run | 150 | 80 x 150 = 12,000 | 40 x 150 = 6,000 |
Material handling | 14,400 | % of material cost | 60% | 20,000 x 60% = 12,000 | 4,000 x 60% = 2,400 |
Total | 54,000 | 14,400 | |||
Unit cost | 5.4 | 14.4 |
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an...
Required Information UprIver Parts manufactures two products, V-1 and V-2, at Itss RIver Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month 1,eee 10,eee $ 2. 4 2 80 40 Production at the plant is automated and any labor cost Is Included in overhead. Data on manufacturing overhead at the plant follow Machine depreciation Setup labor Material handling 93,eee 40,8ee...
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced 10,000 1,000 Direct materials cost per unit $ 2 $ 4 Machine hours per unit 1 2 Production runs per month 80 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation $ 93,000 Setup labor 40,800 Material...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced 10,000 1,000 Direct materials cost per unit $ 2 $ 4 Machine hours per unit 1 2 Production runs per month 80 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation $ 57,000 Setup labor...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 10,000 $ 2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-2 1,000 $ 4 2 40 80 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation Setup labor Material handling Total...
Part 1 of 2 Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. 3.33 points Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-1 10,000 $ 2 1 80 V-2 1,000 $ 4 2 40 eBook Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant...
Part 2 of 2 Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. 33 v-1 10,000 $ 2 pints Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-2 1,000 $ 4 2 40 1 80 eBook Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant...
***5.70 is correct. However, machine depreciation, setup labor, material handling aren't. Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-1 10,000 $ 2 1 80 V-2 1,000 $ 4 2 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing...
Required information Exercise 9-38 and 9-39 (Algo) Upriver Parts manufactures two products, V-1 and V-2, at its River Plant Selected data for an average month for the two products follow V-1 10,000 $ 2 V-2 1.ee $ Units produced Direct materials cost per unit Machine hours per unit Production runs per month Production at the plant is automated and any labor cost is included in overhead Data on manufacturing overhead at the plant follow $54,000 25,200 Machine depreciation Setup labor...
* I have posted this question before and the first screenshot was what he/she posted. I tried that but it was wrong. Expert Answer avdhesh answered this 9,930 answers Was this answer helpful? Was this answer helpful? Bo Be a) Unit product cost V2 Direct material Overhead (5.7*2) 11.40 Unit product cost 15.40 View comments (1) ► Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two...
California Circuits Company (3C) manufactures a variety of components. Its Valley plant specializes in two electronic components used in circuit boards. These components serve the same function and perform equally well. The difference in the two products is the raw material. The XL-D chip is the older of the two components and is made with a metal that requires a wash prior to assembly. Originally. the plant released the wastewater directly into a local river. Several years ago, the company...
> The allocation rate is the answers for part b of the first question and you need to add the unit cost with the direct materials cost for the second question.
Nic J. Wed, Nov 10, 2021 5:11 PM