Donovan & Parents produces soccer shorts and jerseys for youth leagues. Most of the production is done by machine. Data on operations and costs for March follow.     Jerseys Shorts Total Units produced   9,700     4,400     14,100   Machine-hours used   980     810     1,790   Direct labor-hours   190     100     290   Direct materials costs $ 12,900   $ 7,600   $ 20,500   Direct labor costs $ 3,800   $ 2,000   $ 5,800   Manufacturing overhead costs             $ 24,154     Management asks the firm’s cost accountant to compute product costs. The accountant first assigns overhead costs to two pools: overhead related to direct materials and overhead related to machine-hours. The analysis of overhead accounts by the cost accountant follows.   Account Amount Related to: Utilities $ 4,000   Machine-hours Supplies   2,830   Materials Machine depreciation and maintenance   9,834   Machine-hours Purchasing and storing materials   4,140   Materials Miscellaneous   3,350   Machine-hours   Required: a. Compute the predetermined overhead rates assuming that Donovan uses machine-hours to allocate machine-related overhead costs and materials costs to allocate materials-related overhead costs. b. Compute the total costs of production and the cost per unit for each of the two products for March.

Lovell Variety Seeds mass produces wildflower seed packs. Relevant information used for the process costing system is provided below:    Beginning physical units 2,300 Physical units started 22,600  Units in ending WIP  9,500, 40% complete Beginning costs $3,100 Added direct materials costs $12,000 Added direct labor costs $19,500 Added manufacturing overhead costs $8,600   What is the costs completed and transferred out? Please round your answer to the nearest whole dollar.

Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Cost $ 72,800.00 $144,000.00 $ 85,215.00 Machine maintenance Setups Activity Driver Activity 455 Number of moves Number of machine hours 36,000 Number of production runs 69 Chipman makes 3 models of pumps with the following details: Economy Standard Premium Units produced Number of moves 10,060 20,000 3,575 150 132 173 Machine hours 9,850 20,000 6,150 Production runs 31 10 28 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Pool Activity Rate Material Handling Machine Maintenance Setups b. Determine the amount of indirect costs assigned to each of the products. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Models Cost Economy Standard Premium

Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead Total costs Standard 24,000 14,400 18,000 $530,400 330,000 Product costs per unit Standard Enhanced 8,000 9,600 18,000 $ 795,600 675,000 Required: a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Enhanced Total Required A Required B Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. Note: Do…

Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets to its commercial customers. Company personnel who earn $220,000 typically perform both tasks; other firm-wide overhead is expected to total $80,000. These costs are allocated as follows:   Bouquet Production   Delivery   Other Wages and salaries   70 %     20 %     10 % Other overhead   50 %     30 %     20 %   Skyline anticipates making 20,000 bouquets and 5,000 deliveries in the upcoming year.What is the cost of wages and salaries and other overhead that would be charged to each bouquet made?

Munoz Sporting Equipment manufactures baseball bats and tennis rackets. Department B produces the baseball bats, and Department T produces the tennis rackets. Munoz currently uses plantwide allocation to allocate its overhead to all products. Direct labor cost is the allocation base. The rate used is 200 percent of direct labor cost. Last year, revenue, materials, and direct labor were as follows. Sales revenue Direct labor Direct materials Baseball Bats $1,540,000 260,000 556,000 Tennis Rackets a. Using plantwide allocation b. Using department's allocation rate $1,025,000 130,000 289,000 Required: a. Compute the profit for each product using plantwide allocation. b. Maria, the manager of Department T, was convinced that tennis rackets were really more profitable than baseball bats. She asked her colleague in accounting to break down the overhead costs for the two departments. She discovered that had department rates been used, Department B would have had a rate of 150 percent of…

Munoz Sporting Equipment manufactures baseball bats and tennis rackets. Department B produces the baseball bats, and Department Y produces the tennis rackets. Munoz currently uses plantwide allocation to allocate its overhead to all products. Direct labor cost is the allocation base. The rate used is 100 percent of direct labor cost. Last year, revenue, materials, and direct labor were as follows.                                                                                 Baseball Bats                    Tennis Rackets Sales revenue                                                 $1,550,000                         $1,000,000 Direct labor                                                          360,000                               100,000 Direct materials                                                   558,000                               290,000   Required: Compute the profit for each product using plantwide allocation. Maria, the manager of Department T, was convinced that…

Hartley Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Hartley Uniforms reports the following cost data for the past year: Budget Actual 7,600 hours 6,100 hours Direct labor hours Machine hours 7,200 hours 6,300 hours Depreciation on salespeople's autos $23,000 $23,000 Indirect materials $48,500 $50,500 Depreciation on trucks used to deliver uniforms to customers solla $13,000 $70,000 $40,000 $11,000 Depreciation on plant and equipment Indirect manufacturing labor $72,500 $42,000 Customer service hotline $19,000 $21,000 Plant utilities $35,900 $38,400 Direct labor cost $72,500 $85,500 Requirements 1odel tba 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? 4. How can managers usA acco

Vermont Instruments manufactures two models of calculators. The fiancé model is the Fin-X and the scientific model is the Sc-X. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is in the cost of the parts. The following data are available for June:                                                                                                    Fin-X            Sci-X                        Total Number of units                                                      12,000              40,000                   52,000 Parts cost per unit                                                        $25                    $23 Other costs:     Direct labor                                                                                                                 $53,000     Indirect materials                                                                                                         18,000     Overhead…

Cheyenne Delights manufactures a wide variety of holiday and seasonal decorative items. Cheyenne's activity-based costing overhead rates are: Purchasing Storing Machining Supervision Total cost $385 per order $ $2 $100 per machine hour per square foot/days The Snow Man project involved 3 purchase orders, 4,500 square feet/days, 65 machine hours, and 45 direct labor hours. The cost of direct materials on the job was $19,500 and the direct labor rate is $30 per hour. Determine the total cost of the Snow Man project. $5 per direct labor hour