QUESTION 4 PTS Ltd is a manufacturing company which uses three production and three service departments to make its products. It has the following overhead costs from primary distribution. Production Departments: Mixing $234,980 Assembly $345,900 Finishing $134,525 Service Departments: Stores $120,354 Accounts $238,970 Canteen $ 89,700 Other overhead costs which are yet to be distributed are as follows: $12,685,500 $ 3,450,900 $ 985,350 $ 2,890,600 $ 600,000 $ 256,000 The basis of apportioning the overheard cost is given as follows: Factory rent Business rates Heat and lighting Machinery power Depreciation Canteen subsidy Mix Ass Fin Stor Acct Can Number of employees 50 60 18 6. 12 24 Floor area occupied (m sq) 1,800 1,400 800 1000 400 600 Horse power of machine Value of machine ($'000) Overheads allocated to service departments are redistributed to the production departments as 13,000 500 6,500 200 100 400 250 30 120 50 20 30 follows: Мix Ass Fin Stores 50% 30% 20% Accounts 15% 25% 60% Canteen 25% 55% 20% Labour hours (000) Machine hours (000) Required: A. Prepare overhead analysis sheet to determine the total overhead allocated to production departments. NB: Round all figures up to the nearest whole number. 100 140 35 200 36 90 B. Calculate the overhead absorption rates using an appropriate base C. Assuming PTS manufactures two products: Mang and Banny. Mang has Assembly and 2 hours in finishing department. Banny has a direct cost of $200 and each unit direct cost of $100. It's ma uring process uses 10 hours ixing, 10 hours in requires 10 hours in Mixing, 20 hours in Assembly and 20 hours in Finishing. Calculate the manufacturing costs assigned to each unit of product.

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Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead. Unit product cost Additional data concerning these products are listed below. Multiple Choice Product C Product B Product D Product A Products A B C D $17.20 $ 21.10 $ 14.10 $ 16.80 19.20 22.60 17.00 11.00 6.00 7.20 29.10 16.00 $71.50 A 2.25 $ 86.70 $ 2.95 4,600 9.70 16.10 $66.90 $ 56.90 Products Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units. The grinding machines are potentially the constraint in the production facility. A total of 10,500 minutes are available per month on these machines. Direct labor is a variable cost in this company. Which product makes the MOST profitable use of the grinding machines? Note: Round your intermediate calculations to 2 decimal places. B 1.30 $ 79.10 $ 3.65 3,600 C 0.85 $ 75.90 $4.40 3,600

Problem 1  Brabensky Company produces a product in two departments: (1) Assembly and (2) Painting. The company uses a process cost accounting system. Purchased raw materials for $90,000 on account. Raw materials requisitioned for production were:                         Direct materials                                            Assembly department      $77,000                Factory labor used:                                Assembly department      $34,000                          Painting department   18,000 Manufacturing overhead is applied to the product based on machine hours used in each department:                          Assembly department—320 machine hours at $40 per machine hour.                          Painting department—120 machine hours at $15 per machine hour. Units costing $86,000 were completed in the Painting Department and were transferred to the Finished Good. Finished goods costing $70,000 were sold on cash for $102,000. Instructions Prepare the journal…

Requlred Information Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z Estimated Overhead Cost $ 242,400 $114,400 86,000 $ 302,400 Expected Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours 12,000 MHs 220 setups 2 products 12,000 DLHS Activity Measure Machining, Number of setups Number of products Direct labor-hours Product Y 8,200 40 1. 8,200 Product Z 3,800 180 1. 3,800 Required: 1. What is the company's plantwide overhead rate? (Round your enswer to 2 declmal places.) Predetermined overhead rate, per DLH of 15 甜…

Rabia Company has two support departments, Human Resources and Maintenance, and two producing departments, Fabrication and Assembly Support Departments Producing Departments Human Resources Maintenance Fabrication Assembly Budgeted overhead Direct labor hours Machine hours Number of employees $40,000 $72,000 $140,000 $160,000 2,000 2,500 8,000 10,000 12,000 8,000 4 5 15 25 The company only had mixed cost. Human Resource costs are allocated based on the number of employees, and maintenance costs are allocated based on machine hours. Predetermined overhead rates for fabrication and assembly are based on direct labor hours. Required: 1. Calculate the allocation ratios. 2. Using the direct method, allocate the costs of the Human Resources and Maintenance deportments to the Fabrication and Assembly departments. Also write the final cost of both the production departments. 3. What if the Maintenance Department had 50 employees? How would that affect the allocation of Human Resources…

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