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Find the correct answers for the following: Two-Stage ABC for Manufacturing Detroit Foundry,...

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Accounting

Find the correct answers for the following:

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Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the yea Activity Cost Pool Activity Cost Machine setup Material handling Machine operation Activity Cost Driver $600,000 120,000 500,000 12,000 setup hours 2,000 material moves 10,000 machine hours The following data are for the production of single batches of two products, C23 Cams and U2 Shafts during the month of August: C23 Cams U2 Shafts 500 4 200 Units produced Machine hours Direct labor hours Direct labor cost Direct materials cost Tons of materials Setup hours 300 400 $5,000 $10,000 $20,000 $30,000 13 Determine the unit costs of C23 Cams and U2 Shafts using ABC. Round cost per gallon to two decimal places. Product Costs C23 Cams U2 Shafts Direct materials 30,000 S20,000 Direct labor 5,000 10,000 Manufacturing overhead Machine setups 150 300 Material handling 780 480 Machine operation 100,000X 75,000 X Total job costs $135,930 X $105,830X Units produced 500 300 $271.86XS352.77X Cost per unit produced271.86

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