8.18 / 15 pts Question 8 TH-Bikes manufactures two different levels of bicycles - the Standard and the Extreme. The tota

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8 18 15 Pts Question 8 Th Bikes Manufactures Two Different Levels Of Bicycles The Standard And The Extreme The Tota 1 (59.89 KiB) Viewed 53 times

8.18 / 15 pts Question 8 TH-Bikes manufactures two different levels of bicycles - the Standard and the Extreme. The total overhead of $300,000 has traditionally been allocated by direct labor hours, with 150,000 hours for the Standard and 50,000 hours for the Extreme. After analyzing and assigning costs to two cost pools, it was determined that machine hours is estimated to have $180,000 of overhead with 4,000 hours used on the Standard product and 1.000 hours used on the Extreme product. It was also estimated that the setup cost pool would have $120,000 of overhead with 1,000 hours for the Standard and 1.500 hours for the Extreme. PLEASE NOTE: Predetermined overhead rates will be rounded to two decimal places and shown with "S" and commas as needed (ie. $1.234.56). The rates will include their proper label according to the textbook examples (no abbreviations). All dollar amounts are rounded to whole dollars and shown with "S" and commas as needed i.e. $12,345). What is the overhead cost per product, under traditional costing? Predetermined Overhead Rate - 5150 direct lat Overhead for the Standard Model - $225.000 Overhead for the Extreme Model - $75.000 What is the overhead cost per product, under ABC costing? Machine Pool: Predetermined Overhead Rate $36.00 per mac Setup Pool: Predetermined Overhead Rate - $48.00 per max Cost Pool Standard Model Extreme Model Machine Pool $144.000 $48.000 Setup Pool $36,000 $72,000 Total Overhead $180,000 $120,000