Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. Process Assembly Activity Machining Setups Budgeted Cost $ 311,400 22,000 $ 333,400 Finishing Inspecting $ 226,000 Support Purchasing $ 134,000 Budgeted Activity Activity Cost Driver Machine hours (MH) Usage 7,600 Setups 120 Inspections 780 Purchase orders 510 Additional production information concerning its two models follows. Units and Activities Units produced Model X Model Z 2,200 4,400 Machine hours Setups Inspections Purchase orders 2,000 5,600 40 80 480 300 340 4170 Per Unit Selling price per unit Model X $ 400 Model Z $ 380 Direct materials cost per unit 155 105 Direct labor cost per unit 135 135 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the activity rate for each activity using activity-based costing. Note: Round "Activity rate" to 2 decimal places. Activity Machining Setups Inspecting Purchasing Budgeted Cost Budgeted Activity Usage Activity Rate

Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly In Its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. Process Activity Components Changeover Machining Setups Finishing Welding Support Inspecting Rework Purchasing Providing space Providing utilities Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Required 1 Overhead Cost $ 559,650 411,510 74,000 $1,045,160 $ 288,640 257,600 55,000 601,240 $ $ 194,540 30,800 37,960 $ 263,300 Additional production Information concerning its two product lines follows. Required 2 Model 145 1,200 1,200 455 475 3,350 20 150 365 Driver Number of batches Machine hours Number of setups Required 3 Welding hours Number of inspections Rework orders Purchase…

Forner, Incorporated, manufactures and sells two products: Product 21 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Activity Cost Pools Labor-related Machine setups Order size Multiple Choice Activity Measures DLHS setups MHS $7129 per MH Estimated Expected Activity Overhead Cost Product 21 Product 28 $ 109,600 51,690 808,470 $ 969,760 4,800 700 2,800 The activity rate for the Order Size activity cost pool under activity-based costing is closest to: 2,400 300 3,500 Total 7,200 1,000 6,300

Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:       Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product Z1 Product Z8 Total Labor-related DLHs $ 112,190 600 2,000 2,600 Machine setups setups   40,440 500 700 1,200 Order size MHs   609,770 3,000 3,200 6,200     $ 762,400           The activity rate for the Order Size activity cost pool under activity-based costing is closest to:   Multiple Choice   $56.10 per MH   $293.23 per MH   $76.24 per MH   $98.35 per MH

Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Estimated Activity Overhead Activity Cost Pools Measures Cost Product Z1 Product Z8 Total Labor-related $ 124,400 6,000 DLHS 3,000 9,000 Machine setups setups 58,660 700 600 1,300 Order size MHs 917,480 3,800 3,000 6,800 $1,100,540 The activity rate for the Order Sıze activity cost pool under activity-based costing is closest to: Multiple Cholce $59.53 per MH $193.87 per MH $143.55 per MH $134.92 per MH

The following table presents the activities and activity drivers that LampPlus uses in manufacturing Product 1 and Product 2. Complete the table: Activity Design Preparation Machining Finishing Inspection Packaging Shipping Cost Activity Driver $ 39,060 Design time $ 67,650 Labor hours 105,200 Machine hours $ Batches Units Orders $ 12,720 Packages Driver Usage Prod. 1 840 3,130 209 76 Prod. 2 1,330 hours hours 300 56 Activity Rate $ $ $ $ /hour /hour 20 /hour 50 /batch 17 /unit 302 /order /package Activity Cost:Prod. 1 $ $ $ $ 34,430 31,200 Activity Cost:Prod. 2 9,690 $ 12,986 $ 19,720 3,600

Sensor Systems manufactures an optical switch that it uses in its final product. The switch has the following manufacturing costs per​ unit: LOADING... ​(Click the icon to view the​ costs.)  Direct materials $7.00 Direct labor 2.00 Variable overhead 8.00 Fixed overhead 6.50____________________________ Manufacturing product cost $23.50__________________________ _________________________________                                                                           LOADING... ​(Click the icon to view additional​ information.) Another company has offered to sell Sensor Systems the switch for $19.00 per unit. If Sensor Systems buys the switch from the outside​ supplier, the idle manufacturing facilities cannot be used for any other​ purpose, yet none of the fixed costs are avoidable.    Prepare an outsourcing analysis to determine whether Sensor Systems should make or buy the switch. ​(For the Difference​ column, use a minus sign or parentheses only when the cost of outsourcing…

Sanjay Company manufactures a product in a factory that has two producing departments, Assembly and Painting, and two support departments, S1 and S2. The activity driver for S1 is square footage, and the activity driver for S2 is number of machine hours. The following data pertain to Sanjay: Line Item Description SupportDepartmentsS1 SupportDepartmentsS2 ProducingDepartmentsAssembly ProducingDepartmentsPainting Direct costs $200,000 $140,000 $115,000 $96,000 Normal activity:          Square footage — 500 1,875 625  Machine hours 337 — 3,200 12,800

Gourmet Master, Inc., uses activity-based costing to determine the cost of its stainless steel ovens.  Activity-based product cost information is as follows: Activity Activity-BaseUsage (hrs. per unit) x Activity Rateper Hour = Activity Cost Fabrication 0.75   $24.00   $18.00 Assembly 1.50   20.00   30.00 Inspection 0.30   25.00   7.50 Moving 0.25   12.00   3.00 Total activity cost per unit         $58.50 These activities only include the labor portion of the cost.  Fabrication is the cutting and shaping of metal to be used in the assembly of the ovens. If the metal is not fabricated properly, additional time is required during final assembly to trim and adjust the metal pieces to fit properly.  This has been a problem in Assembly.  Management proposes improvements in Fabrication requiring the fabrication work to be done slower, but more accurately.  As a result, the time in fabrication will increase to an hour per unit.  However, because of the additional care, the…

Under an activity based costing system, what is the per-unit overhead cost of Z