A company has traditionally allocated its overhead based on machine hours but had collected this information to change to activity-based costing:   Estimated Activity       Activity Center Product 1 Product 2 Estimated Cost Machine Setups   15     45     $9,600   Assembly Parts   3,000     3,000     144,600   Packaging Pieces   500     400     54,900   Machine Hours per Unit   4     3         Production Volume   750     1,500           A. How much overhead would be allocated to each unit under the traditional allocation method? Round your answers to two decimal places.   Product 1 Product 2 Allocation per unit $fill in the blank 1 $fill in the blank 2 B. How much overhead would be allocated to each unit under activity-based costing? Round your answers to two decimal places.   Product 1 Product 2 Allocation per unit $fill in the blank 3 $fill in the blank 4

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Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Home Work $ 40 17 $ 66 Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per nonth 32 363 574 620 units 330 units Harbour has monthly overhead of $186,075, which is divided into the following cost pools: $ 91,300 53,975 40,800 Setup costs Quality control Maintenance Total $186,075 The company has also compiled the following information about the chosen cost drivers: Work Total Home 38 Number of setups Number of inspections Number of machine hours 1,600 72 110 330 305 635 1,800 3,400 Required: 1. Suppose Harbour uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Overhead Assigned Home Model: Work Model: Total Overhead Cost 2. Calculate…

Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation Indirect labor Factory electricity Indirect materials Selling expenses Tortilla chips Potato chips Pretzels Administrative expenses Total costs Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: I Budgeted Volume (Cases) Total If required $20,857 51,690 5,894 3,300 2,400 5,700 11,400 12,243 29,019 16,323 $136,026 Processing Hours Per Case 0.10 0.15 0.12