Consider the following data for two products of Vigano Manufacturing. (Round OH rate and cost...

80.2K

Verified Solution

Question

Accounting

Consider the following data for two products of Vigano Manufacturing. (Round OH rate and cost per unit answers to 2 decimal places.)

Product A Product B
Number of units produced 11,000 units 1,300 units
Direct labor cost (@$24 per DLH) 0.16 DLH per unit 0.30 DLH per unit
Direct materials cost $2.50 per unit $3.00 per unit

Activity Overhead costs
Machine setup $ 63,070
Parts handling 61,000
Quality control inspections 78,030
$ 202,100

Activity Drivers Product A Product B
Number of machine setups required for production 4 setups 18 setups
Number of parts required 4 part/unit 4 parts/unit
Inspection hours required 54 hours 235 hours
image
Ucing direot labor hourc ac the basic for acclgning overhead coctr, determine the total produstion oost per unit for produot ne Piantwide OH rate O Coct per erheed Accigned Total Overhead Cost Units Produoed Product B 2 Accume if the market price for Product A ls 820 and the merket price for Product B IG 1, determine the proft or locs Produat A a iIr ABC Ic uced for accigning overheed coctc to produots, what lic the oost per unit for Produot A and for Produot 8? Maohine catup Materlais handing Qualty oondrol Incpeotions Accigned Activity Driver Aotvity rats Overhead Coct Quality control Machine setup Quality control Produot A Produot E Dinact Labor par 4 Determine the pront or locr per unit tor esoh produot accuming ABC oosting. Produot A Produot B

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students