Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $954,400, divided into four activities: fabrication, $456,000; assembly, $208,000; setup, $158,400; and inspection, $132,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows:   Fabrication Assembly Setup Inspection Speedboat 6,000 dlh 19,500 dlh 43 setups 75 inspections Bass boat 18,000   6,500   317   525     24,000 dlh 26,000 dlh 360 setups 600 inspections Each product is budgeted for 3,500 units of production for the year. a.   Determine the activity rates for each activity. Fabrication $fill in the blank 1 per direct labor hour Assembly $fill in the blank 2 per direct labor hour Setup $fill in the blank 3 per setup Inspection $fill in the blank 4 per inspection b.   Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $fill in the blank 5 per unit Bass boat $fill in the blank 6 per unit

Activity-Based Costing Zeus Industries manufactures two types of electrical power units, custom and standard, which involve four factory overhead activities—production setup, procurement, quality control, and materials management. An activity analysis of the overhead revealed the following estimated activity costs and activity bases for these activities: Activity Activity Cost Activity Base Production setup $ 79,750   Number of setups Procurement 144,000   Number of purchase orders (PO) Quality control 256,000   Number of inspections Materials management 126,000   Number of components Total $605,750     The activity-base usage quantities for each product are as follows:   Setups Purchase    Orders Inspections Components Unit Volume Custom 300   1,200   2,400   400   2,000   Standard 250   400   800   300   2,000   Total 550   1,600   3,200   700   4,000   a.  Determine an activity rate for each activity. Activity Rates Production Setup Procurement Quality…

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: Activity BudgetedActivity Cost   Activity Base Casting $594,000     Machine hours Assembly 66,500     Direct labor hours Inspecting 41,400     Number of inspections Setup 49,200     Number of setups Materials handling 27,200     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 Entry Dining Total Machine hours 5,680   12,320   18,000   Direct labor hours 2,100   1,400   3,500   Number of inspections 320   580   900   Number of setups 360   240   600   Number of loads 280   520   800   Units produced 2,200   3,800   6,000…

Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $646,800, divided into four activities: fabrication, $288,000; assembly, $114,000; setup, $132,300; and inspection, $112,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Assembly 14,250 dlh 4,750 19,000 dlh Each product is budgeted for 3,000 units of production for the year. Determine the activity rates for each activity. per direct labor hour per direct labor hour Speedboat Bass boat a. Fabrication Assembly Setup Inspection Fabrication Speedboat Bass boat A 4,500 dlh 13,500 18,000 dlh per setup per inspection Setup 32 setups 238 270 setups b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. per unit per unit Inspection 56 inspections 394 450 inspections