Planned amount A - 100 units, planned amount B - 160 units Actual amoint A - 80 units, actual amount B - 200 units Fixed overhead costs 60000$ Fixed overhead costs for the actual volume of product B - ?

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Question 9 contd. Additional Information to be used in the following requirements: Altec wishes to allocate overheads using Activity-based costing (ABC). Table 1 shows estimated data and Table 2 actual data Table 1 Activity cost pool Estimated overheads Total units of Estimated units Estimated units activity A2090 A1090 Machine set up $360,000 150 50 100 Special $900,000 12,000 12,000 0 processing General $540,000 72,000 18,000 54,000 factory Table 2 Activity cost pool Actual overheads Total units of activity Actual units of use by A2090 Actual units of use by A1090 Machine set up $384,000 160 60 100 Special $825,000 11,000 11,000 0 processing General $540,000 72,000 18,000 54,000 factory 2. Calculate the activity rate for each activity. (3 marks)

Direct labor 17 per unit 11 per unit 24 Direct materials $4 Overhead Total variable overhead Total fixed overhead Expected units to be produced $ 30,000 $100, 000 50,e00 units Product cost per unit under absorption costing

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Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Multiple Choice O $14,750 Variable administrative expense Fixed selling and administrative expense If 4,500 units are produced, the total amount of manufacturing overhead cost is closest to:

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Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Supervision Setup labor Incoming inspection Total overhead 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: $ 288,750 336,000 241,500 $ 866,250 Standard 14,000 a. Using current costing system b. Using proposed ABC system 50 $30 50 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 all requirements, do not round Intermediate calculations. Round your answers to 2 decimal places. S S Answer is complete but not entirely correct. Premium 3,500 25 $64 75 Unit cost Standard 120.00 X S 117.67 X S…

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A Cothing Manufacturing Company provides the following unit costs associated with one of its products: Direct materials. Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Operating costs Total $160 50 55 32 30 $327 What are the period costs per unit associated with the Product? O A $30 O B. $33 OC. $100 O D. $17