FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Body-Solid Inc. manufactures elliptical exercise machines and treadmills. The products are
prouced in its Fabrication and Assembly production departments. In addition to production
activities, several other activities are required to produce the two products. These activities
and their associated activity rates are as follows: Activity Activity Rate Fabrication $25 per
machine hour Assembly $12 per direct labor hour Setup $52 per setup Inspecting $25 per
inspection Production scheduling $13 per production order Purchasing $10 per purchase
order The activity - base usage quantities and units produced for each product were as
follows: Activity Base Elliptical Machines Treadmill Machine hours 1,845 1,089 Direct labor
hours 472 184 Setups 58 18 Inspections 630 378 Production orders 63 13 Purchase orders
181 110 Units produced 272 182 This information has been collected in the Microsoft Excel
Online file. Open the spreadsheet, perform the required analysis, and input your answers in
the question below. Open spreadsheet Use the activity rate and usage information to
determine the total activity cost and activity cost per unit for each product. If required, round
the per unit answers to the nearest cent. Product Total Activity Cost Activity Cost Per Unit
Elliptical machines $fill in the blank 2 $fill in the blank 3 Treadmill $fill in the blank 4 $fill in the
blank 5
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Transcribed Image Text:Body-Solid Inc. manufactures elliptical exercise machines and treadmills. The products are prouced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Activity Rate Fabrication $25 per machine hour Assembly $12 per direct labor hour Setup $52 per setup Inspecting $25 per inspection Production scheduling $13 per production order Purchasing $10 per purchase order The activity - base usage quantities and units produced for each product were as follows: Activity Base Elliptical Machines Treadmill Machine hours 1,845 1,089 Direct labor hours 472 184 Setups 58 18 Inspections 630 378 Production orders 63 13 Purchase orders 181 110 Units produced 272 182 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Elliptical machines $fill in the blank 2 $fill in the blank 3 Treadmill $fill in the blank 4 $fill in the blank 5
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