Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $143,484 in overhead. The company has identified the following information about its overhead activity pools and the two product lines: Quantity or Amount Consumed by Basic Activity Pools Materials handling Quality control Machine maintenance Cost Driver Number of moves Number of inspections Number of machine hours Required 1 Required 2 Complete this question by entering your answers in the tabs below. Basic Model Luxury Model Required: 1. Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. 2. Calculate the activity rates for each activity pool in Hazelnut's ABC system. Required 3 Required 4 Cost Assigned to Pool $ 4,144 $ 31,540 $ 107,800 3. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. 4. Determine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system. 5. Compare the results for a traditional system with that of an ABC system. Which do you think is more accurate? Overhead Assigned Overhead Assigned Required 5 < Required 1 16 moves 240 inspections machine 5,100 hours Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Required 2 > Quantity or Amount Consumed by Luxury 58 moves 120 inspections 4,700 machine hours.

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Required information [The following information applies to the questions displayed below.] Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Standard 11,600 Premium 2,900 50 $ 30 50 25 $ 64 75 Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming material inspection. Data on manufacturing overhead for a representative quarter follow: Supervision Setup labor Incoming inspection Total overhead $ 239,250 278,400 200,100 $ 717,750 Required: a. Compute the unit costs for the two products, Standard and Premium, using the current costing system at Benton (using direct labor costs as the allocation basis for overhead). b. Compute the unit costs for the two products, Standard and Premium, using the proposed ABC system at Benton. Note: For…

Bell Corporation manufactures computers. Assume that Bell: • allocates manufacturing overhead based on machine hours • estimated 8,000 machine hours and $86,000 of manufacturing overhead costs actually used 16,000 machine hours and incurred the following actual costs: (Click the icon to view the actual costs.) What is Bellredetermined overhead allocation rate? ● O A. $5.31/ machine hour B. $5.38/ machine hour C. $10.75/ machine hour O D. $10.63/ machine hour Data table Indirect labor Depreciation on plant Machinery repair Direct labor Plant supplies Plant utilities Advertising Sales commissions $ 12,000 49,000 12,000 71,000 3,000 9,000 34,000 27,000

Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Estimated wheels produced Direct labor hours per wheel (a1) Your answer is incorrect. Car 40,000 Overhead rate $ 1 Total estimated overhead costs for the two product lines are $846,800. Truck 11,000 Calculate overhead rate. (Round answer to 2 decimal places, e.g. 12.25.) 1 per direct labor hour

Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Car Truck Estimated wheels produced 36,000 15,000 Direct labor hours per wheel 3 Total estimated overhead costs for the two product lines are $ 858,600. Your answer is incorrect. Calculate overhead rate. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rate $ 10.60 per direct labor hour eTextbook and Media Solution X Your answer is incorrect. Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to allocate overhead costs. Car wheels 36000 Truck wheels 45000 %24

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Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are: Compute the overhead rate for each activity. Round your answers to two decimal places. Overhead Overhead Annual Rate per Activity per Activity Usage Activity Machine Setups $157,850 4,100 $ Machine Hours 324,622 14,114 2$ Inspections 119,000 3,400

. The company has traditionally used a plantwide manufacturing overhead rate based on machine hours to allocate manufacturing overhead to its products. The company estimates that it will incur screenshots attached thanks for help appreciataed irwgoirhw rhjiw