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ok Show Me How Multiple + akeAssignment/assignmentFinished Main.do eBook Calculator Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $293,100 Machine hours Assembly 167,100 Direct labor hours Inspecting 29,880 Number of inspections Setup 38,360 Number of setups Materials handling 40,800 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Dining Total Entry 5,180 4,590 9,770 Machine hours Direct labor hours 4,460 6,680 11,140 2,490 1,890 600 Number of inspections Number of setups Number of loads 230 50 280 810 210 1,020 Units produced 10,200 15,300 5,100 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Rate Activity Casting per machine hour Assembly per direct labor hour Previous Next Number of loads Materials handling 40,800 Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 5,180 4,590 9,770 Direct labor hours 4,460 6,680 11,140 Number of inspections 1,890 600 2,490 Number of setups 230 50 280 Number of loads 810 210 1,020 Units produced 10,200 5,100 15,300 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate Casting per machine hour per direct labor hour Assembly Inspecting per inspection Setup per setup Materials handling Per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures Dining Room Lighting Fixtures Previous Next > Check My Work 2 more Check My Work uses remaining. Email Instructor Save and Exit All work saved Submit Assignment for Grading k Show Me How Multiple X + akeAssignment/assignmentFinished Main.do eBook Calculator Activity Cost Pools, Activity Rates, and Product Costs using Activity-Based Costing Caldwell Home Appliances Inc. is estimating the activity cost associated with producing ovens and refrigerators. The indirect labor can be traced into four separate activity pools, based on time records provided by the employees. The budgeted activity cost and activity-base information are provided as follows: Activity Activity Pool Cost Activity Base Procurement $12,600 90,000 Scheduling Materials handling Product development Number of purchase orders Number of production orders Number of moves Number of engineering changes 11,000 50,000 $163,600 Total cost The estimated activity-base usage and unit information for two product lines was determined as follows: Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Change Orders Units Ovens 400 800 300 80 1,000 300 Refrigerators 400 200 120 500 Totals 700 1,200 500 200 1,500 a. Determine the activity rate for each activity cost pool. Procurement (per purchase order) Scheduling (per production order) Materials handling (per move) Previous Next > Mhe waymore Cherry My Works remaining eBook Calculator Procurement Number of purchase orders $12,600 90,000 Scheduling Materials handling Product development Number of production orders Number of moves 11,000 Number of engineering changes 50,000 $163,600 Total cost The estimated activity-base usage and unit information for two product lines was determined as follows: Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Change Orders Units 400 Ovens 800 300 80 1,000 300 400 200 Refrigerators 120 500 700 1,200 500 200 Totals 1,500 a. Determine the activity rate for each activity cost pool. Procurement (per purchase order) Scheduling (per production order) Materials handling (per move) Product development (per engineering change order) b. Determine the activity based cost per unit of each product. Round the per unit rates to the nearest cent. Ovens per unit Refrigerators per unit Previous Next > Check My Work 2 more Check My Work uses remaining Email Instructor Save and Edit Submit Assignment for Grading All work saved. com/ilm/takeAssignment/assignmentFinished Main.do eBook Show Me How Calculator Product Costs and Product Profitability Reports, using a Single Plantwide Factory Overhead Rate Isaac Engines Inc. produces three products-pistons, valves, and cams--for the heavy equipment industry. Isaac Engines has a very simple production process and product line and uses a single plantwide factory overhead rate to allocate overhead to the three products. The factory overhead rate is based on direct labor hours. Information about the three products for 2012 is as follows: Budgeted Volume (Units) Direct Labor Hours Per Unit Price Per Unit Direct Materials Per Unit Pistons 6,000 0.30 $40 $9 Valves 0.50 21 5 13,000 1,000 Cams 0.10 55 20 The estimated direct labor rate is $20 per direct labor hour. Beginning and ending Inventories are negligible and are, thus, assumed to be zero. The budgeted factory overhead for Isaac Engines is $235,200. If required, round all per unit answers to the nearest cent. a. Determine the plantwide factory overhead rate. per dilih b. Determine the factory overhead and direct labor cost per unit for each product. Direct Labor Factory Overhead Direct Labor Hours Per Unit Cost Per Unit Cost Per Unit Pistons dih Valves dih Cams dih Check My Work 2 more Check My Work uses remaining. Email Instructor Save and Exit All work saved Submit Assignment for Grading k Show Me How Multiple X + akeAssignment/assignmentFinished Main.do eBook Calculator Activity Cost Pools, Activity Rates, and Product Costs using Activity-Based Costing Caldwell Home Appliances Inc. is estimating the activity cost associated with producing ovens and refrigerators. The indirect labor can be traced into four separate activity pools, based on time records provided by the employees. The budgeted activity cost and activity-base information are provided as follows: Activity Activity Pool Cost Activity Base Procurement $12,600 90,000 Scheduling Materials handling Product development Number of purchase orders Number of production orders Number of moves Number of engineering changes 11,000 50,000 $163,600 Total cost The estimated activity-base usage and unit information for two product lines was determined as follows: Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Change Orders Units Ovens 400 800 300 80 1,000 300 Refrigerators 400 200 120 500 Totals 700 1,200 500 200 1,500 a. Determine the activity rate for each activity cost pool. Procurement (per purchase order) Scheduling (per production order) Materials handling (per move) Previous Next > Mhe waymore Cherry My Works remaining eBook Calculator Procurement Number of purchase orders $12,600 90,000 Scheduling Materials handling Product development Number of production orders Number of moves 11,000 Number of engineering changes 50,000 $163,600 Total cost The estimated activity-base usage and unit information for two product lines was determined as follows: Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Change Orders Units 400 Ovens 800 300 80 1,000 300 400 200 Refrigerators 120 500 700 1,200 500 200 Totals 1,500 a. Determine the activity rate for each activity cost pool. Procurement (per purchase order) Scheduling (per production order) Materials handling (per move) Product development (per engineering change order) b. Determine the activity based cost per unit of each product. Round the per unit rates to the nearest cent. Ovens per unit Refrigerators per unit Previous Next > Check My Work 2 more Check My Work uses remaining Email Instructor Save and Edit Submit Assignment for Grading All work saved. com/ilm/takeAssignment/assignmentFinished Main.do eBook Show Me How Calculator Product Costs and Product Profitability Reports, using a Single Plantwide Factory Overhead Rate Isaac Engines Inc. produces three products-pistons, valves, and cams--for the heavy equipment industry. Isaac Engines has a very simple production process and product line and uses a single plantwide factory overhead rate to allocate overhead to the three products. The factory overhead rate is based on direct labor hours. Information about the three products for 2012 is as follows: Budgeted Volume (Units) Direct Labor Hours Per Unit Price Per Unit Direct Materials Per Unit Pistons 6,000 0.30 $40 $9 Valves 0.50 21 5 13,000 1,000 Cams 0.10 55 20 The estimated direct labor rate is $20 per direct labor hour. Beginning and ending Inventories are negligible and are, thus, assumed to be zero. The budgeted factory overhead for Isaac Engines is $235,200. If required, round all per unit answers to the nearest cent. a. Determine the plantwide factory overhead rate. per dilih b. Determine the factory overhead and direct labor cost per unit for each product. Direct Labor Factory Overhead Direct Labor Hours Per Unit Cost Per Unit Cost Per Unit Pistons dih Valves dih Cams dih

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