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Traditional Product Costing versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $954,600 consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $ 198,000 Setup hours 2,000 Materials handing 97,200 Number of moves 600 Assembly 540,000 Assembly hours 18,000 Maintenance 119,400 Maintenance hours 1,990 Total $954,600 Total direct labor hours used during the month were 14,800. Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model Z205 Units produced 2,500 2,500 Direct materials costs $29,000 $29,000 Direct labor costs $24,000 $24,000 Direct labor hours 700 700 Setup hours 60 120 Materials moves 30 60 Assembly hours 900 900 Maintenance hours 20 80 Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Direct materials $ Answer $ Answer Direct labor Answer Answer Overhead Answer Answer Total cost $ Answer $ Answer Units Answer Answer Unit cost $ Answer $ Answer b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Total direct materials costs $ Answer $ Answer Total direct labor costs Answer Answer Overhead costs: Assembly setup Answer Answer Materials handling Answer Answer Assembly Answer Answer Maintenance Answer Answer Total costs $ Answer $ Answer Units produced Answer Answer Unit cost $ Answer $ Answer Traditional Product Costing versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $954,600 consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $ 198,000 Setup hours 2,000 Materials handing 97,200 Number of moves 600 Assembly 540,000 Assembly hours 18,000 Maintenance 119,400 Maintenance hours 1,990 Total $954,600 Total direct labor hours used during the month were 14,800. Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model Z205 Units produced 2,500 2,500 Direct materials costs $29,000 $29,000 Direct labor costs $24,000 $24,000 Direct labor hours 700 700 Setup hours 60 120 Materials moves 30 60 Assembly hours 900 900 Maintenance hours 20 80 Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Direct materials $ Answer $ Answer Direct labor Answer Answer Overhead Answer Answer Total cost $ Answer $ Answer Units Answer Answer Unit cost $ Answer $ Answer b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Total direct materials costs $ Answer $ Answer Total direct labor costs Answer Answer Overhead costs: Assembly setup Answer Answer Materials handling Answer Answer Assembly Answer Answer Maintenance Answer Answer Total costs $ Answer $ Answer Units produced Answer Answer Unit cost $ Answer $ Answer

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