ok int 1 ences Consider the following data for two products of Vigano Manufacturing. Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Budgeted Cost (Activity Driver) $121,000 (22 machine setups) 48,000 (16,000 parts) 80,000 (250 inspections) $ 249,000 Product A 1,000 units $ 20 per unit $ 40 per unit 2 DLH per unit Product B 200 units $ 30 per unit $ 50 per unit 2.5 DLH per unit 1. Using a plantwide overhead rate based on 2,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used for allocating overhead costs to products, what is the product cost per unit for each product? Activity Driver Usage Setups Parts Inspections Product A 10 10,000 40 Product B 12 6,000 210 Complete this question by entering your answers in the tabs below. Required 1 Requiret 2 Consider the following additional information about these two products. If activity-based costing is used for allocating overhead costs to products, what is the product cost per unit for each product? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Per Unit Product A Product B Direct Materials Direct Labor Overhead
ok int 1 ences Consider the following data for two products of Vigano Manufacturing. Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Budgeted Cost (Activity Driver) $121,000 (22 machine setups) 48,000 (16,000 parts) 80,000 (250 inspections) $ 249,000 Product A 1,000 units $ 20 per unit $ 40 per unit 2 DLH per unit Product B 200 units $ 30 per unit $ 50 per unit 2.5 DLH per unit 1. Using a plantwide overhead rate based on 2,500 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used for allocating overhead costs to products, what is the product cost per unit for each product? Activity Driver Usage Setups Parts Inspections Product A 10 10,000 40 Product B 12 6,000 210 Complete this question by entering your answers in the tabs below. Required 1 Requiret 2 Consider the following additional information about these two products. If activity-based costing is used for allocating overhead costs to products, what is the product cost per unit for each product? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Per Unit Product A Product B Direct Materials Direct Labor Overhead
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:ok
int
1
ences
Consider the following data for two products of Vigano Manufacturing.
Activity
Machine setup
Parts handling
Quality inspections
Total budgeted overhead
Unit Information
Units produced
Direct materials cost
Direct labor cost
Direct labor hours
Budgeted Cost (Activity Driver)
$121,000 (22 machine setups)
48,000 (16,000 parts)
80,000 (250 inspections)
$ 249,000
Product A
1,000 units
$ 20 per unit
$ 40 per unit
2 DLH per unit
Product B
200 units
$ 30 per unit
$ 50 per unit
2.5 DLH per unit
1. Using a plantwide overhead rate based on 2,500 direct labor hours, compute the total product cost per unit for each product.
2. Consider the following additional information about these two products. If activity-based costing is used for allocating overhead
costs to products, what is the product cost per unit for each product?
Activity Driver Usage
Setups
Parts
Inspections
Product A
10
10,000
40
Product B
12
6,000
210
Complete this question by entering your answers in the tabs below.
Required 1 Requiret 2
Consider the following additional information about these two products. If activity-based costing is used for allocating
overhead costs to products, what is the product cost per unit for each product?
Note: Do not round intermediate calculations. Round your final answers to 2 decimal places.
Per Unit
Product A
Product B
Direct
Materials
Direct Labor
Overhead
<Required 1
Product Cost
per Unit
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