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i Safari Fichier Édition Présentation Historique Signets Fenêtre Aide 73 % i Mer. 12:56 a E ezto.mheducation.com Accounting Web Slice Gallery Sites suggérés 99 Names of A...teic Online AC live NesonBrain- My Hame cgin.aro Windows H-streaming Personnaliser les liens Google BMO Bank of...ine Banking Apple Chapter 5 Quiz for Marks (15%) When y-based costing is used, the flow of costs through the accounts is similar to a system using one plantw Harrison Company makes two products and uses a conventional costing system in which a single plantwide, predetermined overhead rate is computed based on direct labour-hours. Data for the two products for the upcoming year follow Rascon 29.30 S 21.60 90 32,000 Parcel Direct materials cost per unit Direct labour cost per unit Direct labour-hours per unit Number of units produced S 23.00 $ 440 40 118,000 These products are: customized to some degree for specific customers. Required: 1. The company's manufacturing overhead costs for the year are expected to be $880,000. Using the company's traditional costing system, compute the unit product costs for the two products. (Round intermediate calculations and round your final answers to 2 decimal places.) Rascon Parcel Unit product cost 2. Management is considering an ABC system in which half of the overhead would continue to be allocated on the basis of direct labour-hours and half would be allocated on the basis of engineering design time. This time is expected to be distrbuted as follows during the upcoming year Rascon Parcel Total Engineering design time (in hours) ,400 2,7O0 8,100 Compute the unt product costs for the two products using the proposed ABC system. (Round intermediate calculations and round your final answers to 2 decimal places.) Rascon Parcel Unit product cost 2017-12...10.10.29 20

Explanation / Answer

Rascon Parcel Direct material Cost per unit                           29.30                    23.00 Direct labor Cost Per unit                           21.60                      4.40 Direct labor hours per unit                             0.90                      0.40 No of units produced                  32,000.00        1,18,000.00 Total Labor Hours                  28,800.00           47,200.00      76,000.00 Fixed Ohs               3,25,894.74        5,34,105.26 8,60,000.00 Fixed Ohs per unit                           10.18                      4.53 Unit product cost                           61.08                    31.93 29.30+21.60+10.18 23.40+4.4+4.53 2 Rascon Parcel Direct material Cost per unit                           29.30                    23.00 Direct labor Cost Per unit                           21.60                      4.40 Direct labor hours per unit                             0.90                      0.40 No of units produced                  32,000.00        1,18,000.00 Total Labor Hours                  28,800.00           47,200.00      76,000.00 Fixed Ohs               1,62,947.37        2,67,052.63 4,30,000.00 Engineering design time                     5,400.00              2,700.00        8,100.00               2,86,666.67        1,43,333.33 4,30,000.00 Total Fixed Ohs               4,49,614.04        4,10,385.96 8,60,000.00 Fixed Ohs per unit                           14.05                      3.48 Unit product cost                           64.95                    30.88 29.30+21.60+14.05 23.40+4.4+3.48

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