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Required 2A 3,000,000 Estimated Overhead Costs by Department 2000000? Activity Maintenance Supervision Finishing 6000,000 Supervision Totals Units produced Overhead cost per unit 5000,000 Estimated Overhead Costs by Activity Required 28 Required 3 Total: $8,000,000 Activity Usage 2 MH 1 DLH Total: $8,000,000 S S XL Assembly Activity Rate 60 per MH 16 per DLH Maintenance Allocated cost S < Required 2A Estimated Direct Labor Hours & Machine Hours by Department 150,000 h... 0 125,000 h... 100,000 h... 75,000 hrs 50,000 hrs 25,000 hrs Assembly 25,000 Chrom produced 25,000 units of XL and 25,000 units of RD. Each unit of the XL model used 2 direct labor hours and 1 machine hour. Each unit of the RD model used 3 direct labor hours and 3 machine hours. Compute the overhead cost per unit of each model using ABC. Finishing Direct Labor Hours Supervision 29 125,000 OLH Activity Usage MH DLH Required 2B > Cost Driver & Expected Usage by Activity RD Activity Rate per MH per DLH 70,000 Assembly Finishing Machine Hours $ Maintenance 100,000 MH Allocated cost 30,000 0 0

Required 2A 3,000,000 Estimated Overhead Costs by Department 2000000? Activity Maintenance Supervision Finishing 6000,000 Supervision Totals Units produced Overhead cost per unit 5000,000 Estimated Overhead Costs by Activity Required 28 Required 3 Total: $8,000,000 Activity Usage 2 MH 1 DLH Total: $8,000,000 S S XL Assembly Activity Rate 60 per MH 16 per DLH Maintenance Allocated cost S < Required 2A Estimated Direct Labor Hours & Machine Hours by Department 150,000 h... 0 125,000 h... 100,000 h... 75,000 hrs 50,000 hrs 25,000 hrs Assembly 25,000 Chrom produced 25,000 units of XL and 25,000 units of RD. Each unit of the XL model used 2 direct labor hours and 1 machine hour. Each unit of the RD model used 3 direct labor hours and 3 machine hours. Compute the overhead cost per unit of each model using ABC. Finishing Direct Labor Hours Supervision 29 125,000 OLH Activity Usage MH DLH Required 2B > Cost Driver & Expected Usage by Activity RD Activity Rate per MH per DLH 70,000 Assembly Finishing Machine Hours $ Maintenance 100,000 MH Allocated cost 30,000 0 0

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Chrom Company manufactures two models, the XL and RD. It also has two departments, Assembly and Finishing. The company wants to assign budgeted overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis.

***My table is wrong, please give me the right answers for it.**

3,000,000 Estimated Overhead Costs by Department Finishing 2000000? Activity Maintenance Supervision GO00000 Supervision Required 2A Required 2B Totals Units produced Overhead cost per unit 5p00,000 Estimated Overhead Costs by Activity Required 3 Total: $8,000,000 Activity Usage MH DLH Total: $8,000,000 S S Assembly XL Activity Rate 60 per MH 16 per DLH Maintenance Allocated cost $ < Required 2A Estimated Direct Labor Hours & Machine Hours by Department 400,000 150,000 h... 0 125,000 h... 100,000 h... 75,000 hrs 50,000 hrs 25,000 hrs Chrom produced 25,000 units of XL and 25,000 units of RD. Each unit of the XL model used 2 direct labor hours and 1 machine hour. Each unit of the RD model used 3 direct labor hours and 3 machine hours. Compute the overhead cost per unit of each model using ABC. Assembly Supervision Finishing Direct Labor Hours Machine Hours 25,000 Activity Usage MH DLH Cost Driver & Expected Usage by Activity Required 2B > RD Assembly 125,000 100,000 OLH MH Activity Rate 70,000 Finishing per MH per DLH $ 30,000 Maintenance Allocated cost 0
Transcribed Image Text:3,000,000 Estimated Overhead Costs by Department Finishing 2000000? Activity Maintenance Supervision GO00000 Supervision Required 2A Required 2B Totals Units produced Overhead cost per unit 5p00,000 Estimated Overhead Costs by Activity Required 3 Total: $8,000,000 Activity Usage MH DLH Total: $8,000,000 S S Assembly XL Activity Rate 60 per MH 16 per DLH Maintenance Allocated cost $ < Required 2A Estimated Direct Labor Hours & Machine Hours by Department 400,000 150,000 h... 0 125,000 h... 100,000 h... 75,000 hrs 50,000 hrs 25,000 hrs Chrom produced 25,000 units of XL and 25,000 units of RD. Each unit of the XL model used 2 direct labor hours and 1 machine hour. Each unit of the RD model used 3 direct labor hours and 3 machine hours. Compute the overhead cost per unit of each model using ABC. Assembly Supervision Finishing Direct Labor Hours Machine Hours 25,000 Activity Usage MH DLH Cost Driver & Expected Usage by Activity Required 2B > RD Assembly 125,000 100,000 OLH MH Activity Rate 70,000 Finishing per MH per DLH $ 30,000 Maintenance Allocated cost 0
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