Some company produces two products, A and B with most of the production being ac

Question

Some company produces two products, A and B with most of the production being accomplished by machine. Data on operations and costs for October follow:

Management asks the firm's cost accountant to compute product costs. The accountant first assigns overhead costs to two pools: overhead related to direct materials and overhead related to machine-hours. The analysis of overhead accounts by the cost accountant follows:

Compute the predetermined overhead rates assuming that the company uses machine-hours to allocate machine-related overhead costs and materials costs to allocate materials-related overhead costs.(Round your machine-related overhead rate to 2 decimal places. Omit the "$" and "%" signs in your response.)

Compute the total costs of production and the cost per unit for each of the two products for October. (Do not round intermediate calculations. Round your cost per unit to 2 decimal places. Omit the "$" sign in your response.)

Some company produces two products, A and B with most of the production being accomplished by machine. Data on operations and costs for October follow:

Explanation / Answer

b)

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