24 03 09 13 Harrison Company Makes Two Products And Uses A Conventional Costing System In Which A Single Plantwide Pred 1 (31.42 KiB) Viewed 13 times
24 03 09 13 Harrison Company Makes Two Products And Uses A Conventional Costing System In Which A Single Plantwide Pred 2 (34.11 KiB) Viewed 13 times
24 03:09:13 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. These products are customized to some degree for specific customers. Data for the two products for the upcoming year follow Direct materials cost per unit Direct labour cost per unit Direct labour hours per unit Number of units produced i Unit product cost Required: 1. The company's manufacturing overhead costs for the year are expected to be $860,000. Using the company's traditional costing system, compute the unit product costs for the two products. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Rascon Bascom Parcel $29.50 $23.40 $18.20 $ 4.50 0.30 121,000 Parcel Engineering design tins (ie hours) 0,70 28,000 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 distributed as follows during the upcoming year Rascon 5.600 Parcel Tutal 2,800 Compute the unit product costs for the two products using the proposed ARC sustem (Do not round intermediate calculations and
amtobus- en CAB 24 els 202012) system, compute the unit product costs for the two products. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Unit product cost Rascon 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 distributed as follows during the upcoming year. Engineering design time (in hours) Ust product cost Parcel Compute the unit product costs for the two products using the proposed ABC system. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Rascon Rascon Parcel Total 5,600 2,000 8,400 Parcel 3. This part of the question is not part of your Connect assignment.
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