Assignment i ces ! Required information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Activity Assembly Selling Price Direct Materials. $ 78 73 Electricity Materials purchasing. Total Budgeted Cost $ 168,000 24,000 60,000 $ 252,000 $ 20 25 Activity Cost Driver Direct labor hours (DLH) Machine hours (MH) Purchase orders (PO) Direct Labor $ 45 30 Activity Usage Activity Cost Driver Direct labor hours (DLH) Machine hours (MH) Purchase orders (PO) 3. Compute product cost per unit for Pup tents and for Pop-up tents. Pup tents. 30,000 4,000 150 Saved Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and t Pop-up tents and compute overhead cost per unit for each product. Pop-up tents 12,000 6,000 250 A Budgeted. Activity Usage 42,000 10,000 400
Assignment i ces ! Required information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Activity Assembly Selling Price Direct Materials. $ 78 73 Electricity Materials purchasing. Total Budgeted Cost $ 168,000 24,000 60,000 $ 252,000 $ 20 25 Activity Cost Driver Direct labor hours (DLH) Machine hours (MH) Purchase orders (PO) Direct Labor $ 45 30 Activity Usage Activity Cost Driver Direct labor hours (DLH) Machine hours (MH) Purchase orders (PO) 3. Compute product cost per unit for Pup tents and for Pop-up tents. Pup tents. 30,000 4,000 150 Saved Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and t Pop-up tents and compute overhead cost per unit for each product. Pop-up tents 12,000 6,000 250 A Budgeted. Activity Usage 42,000 10,000 400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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2
Question 1- Ch. 17 Assignmen X
Required information
[The following information applies to the questions displayed below.]
Activity
Assembly
Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct
labor hours. Additional information follows.
Per Unit
Pup tent
Pop-up tent
Electricity
Materials purchasing
Total
Selling Price
$ 78
73
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
F2
Budgeted Cost
$ 168,000
24,000
60,000
$ 252,000
# 3
(1) PR17 3B Practice Video - Yox +
Direct Materials
80
F3
$ 20
25
Required:
1. Compute an activity rate for each activity using activity-based costing.
2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to
Pop-up tents and compute overhead cost per unit for each product.
Activity Usage
Pup tents
30,000
4,000
150
Required 1 Required 2 Required 3 Required 4
$
4
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
Complete this question by entering your answers in the tabs below.
F4
Direct Labor
$ 45
30
Pop-up tents
3. Compute product cost per unit for Pup tents and for Pop-up tents.
4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit).
12,000
6,000
250
%
5
O
Saved
F5
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Budgeted
Activity Usage
42,000
10,000
400
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Transcribed Image Text:Problem Video X
Assignment
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.johnstoncc.edu%252Fv
ces
!
2
Question 1- Ch. 17 Assignmen X
Required information
[The following information applies to the questions displayed below.]
Activity
Assembly
Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct
labor hours. Additional information follows.
Per Unit
Pup tent
Pop-up tent
Electricity
Materials purchasing
Total
Selling Price
$ 78
73
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
F2
Budgeted Cost
$ 168,000
24,000
60,000
$ 252,000
# 3
(1) PR17 3B Practice Video - Yox +
Direct Materials
80
F3
$ 20
25
Required:
1. Compute an activity rate for each activity using activity-based costing.
2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to
Pop-up tents and compute overhead cost per unit for each product.
Activity Usage
Pup tents
30,000
4,000
150
Required 1 Required 2 Required 3 Required 4
$
4
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
Complete this question by entering your answers in the tabs below.
F4
Direct Labor
$ 45
30
Pop-up tents
3. Compute product cost per unit for Pup tents and for Pop-up tents.
4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit).
12,000
6,000
250
%
5
O
Saved
F5
Prev
2
<6
Budgeted
Activity Usage
42,000
10,000
400
1 of 1
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&
7
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9
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