Business, 07.04.2020 02:37, lisbet123085

Direct Labor-Hours per Unit Annual Production Hubs 0.80 10,000 units Sprockets 0.40 40,000 units Additional information about the company follows: Hubs require $32 in direct materials per unit, and Sprockets require $18. The direct labor wage rate is $15 per hour. Hubs require special equipment and are more complex to manufacture than Sprockets. The ABC system has the following activity cost pools:

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answered: xojade

1. Cost per set up = $72,000 divided by 400 = $180

2. Special processing machine hourly rate = $200,000 divided by 5,000 = $40

3. General factory hourly rate = $816,000 divided by 24,000 = $34

4. Unit cost for Hub = $93

5. Unit per for Sprockets = $38.95

Explanation:

Forgerty company

Computation of Activity rate

Overhead costs

Machine set up = $72,000

Number of set ups = 400

Cost per set up = $72,000 divided by 400 = $180

Hub = $180 x 100 = $18,000

Sprockets = $180 x 300 = $54,000

Special processing Machine = $200,000

Machine hours = 5,000hrs

Cost per machine hour = $200,000 divided by 5,000 = $40

Hub = $40 x 5,000 = $200,000

Sprockets = $40 x 0 = $0

General factory = $816,000

Direct labour hours = 24,000

Cost Direct labour hour = $816,000 divided by 24,000 = $34

Hub = $34 x 8,000 = $272,000

Sprockets = $34 x 16,000 = $544,000

First calculate Direct labour and Direct material cost:

*. Direct labour costs

Direct labour costs = direct labour hours x hourly direct labour wage rate

Hub = 8,000 hours x $15 = $120,000

Sprockets = 16,000 hours x $15 = $240,000

Total Direct labour costs = $120,000 + $240,000 = $360,000

*. Direct Material Costs

Direct material costs = total units produced x direct material cost per unit

Hub = 10,000 x $32 = $320,000

Sprockets = 40,000 x $18 = $720,000

Total Direct labour costs = $320,000 + $720,000 = $1,040,000

A.Cost per unit

From the above,

i. Hub total cost = $18,000 + $200,000 + $272,000 + $120,000 + $320,000 = $930,000

Units produced = 10,000

Unit cost = $930,000 divided by 10,000 units = $93 per unit

ii. Sprockets total cost = $54,000 + $0 + $544,000 + $240,000 + $720,000 = $1,558,000

Units produced = 40,000

Unit cost = $1,558,000 divided by 40,000 units = $38.95

answered: ineedtograduate2020

a) Activity Cost pool Activity Rate(A÷B)

Machine set up $180 setups

Special processing $40 MHs

General factory $34 DLHs

b)HUBS

Activity Cost pool ABC costs (A×B)

Machine set up $18,000 setups

Special processing $200,000 MHs

General factory $272,000 DLHs

Total $490,000

SPROCKETS

Activity Cost pool ABC costs (A×B)

Machine set up $54,000 setups

Special processing $0 MHs

General factory $544,000 DLHs

Total $ 598,000

DIRECT MATERIALS AND DIRECT LABOR

Hubs

Unit cost $93.00

Sprockets

Unit cost $38.95

Explanation:

a) Activity for each cost pool

Activity cost pool Estimated overhead cost (A)

Machine set up $72,000

Special processing $200,000

General factory $816,000

Activity Cost pool Expected activity (B)

Machine set up $400 setups

Special processing $500 MHs

General factory $24,000 DLHs

Activity Cost pool Activity Rate(A÷B)

Machine set up $180 setups

Special processing $40 MHs

General factory $34 DLHs

b). The unit cost of each product according to the ABC system, including direct materials and direct labor

HUBS

Activity Cost pool Activity Rate(A)

Machine set up $180 setups

Special processing $40 MHs

General factory $34 DLHs

Activity Cost pool Activity Rate(B)

Machine set up $100 setups

Special processing $5,000 MHs

General factory $8,000 DLHs

Activity Cost pool ABC costs (A×B)

Machine set up $18,000 setups

Special processing $200,000 MHs

General factory $272,000 DLHs

Total $490,000

SPROCKETS

Activity Cost pool Activity Rate(A)

Machine set up $180 setups

Special processing $40 MHs

General factory $34 DLHs

Activity Cost pool Activity Rate(B)

Machine set up $300 setups

Special processing $0 MHs

General factory $16,000 DLHs

Activity Cost pool ABC costs (A×B)

Machine set up $54,000 setups

Special processing $0 MHs

General factory $544,000 DLHs

Total $ 598,000

Hubs, Sprockets

Direct materials $32.00(Hubs) $18.00(sprockets)

Direct labor:$15 per DLH × 0.80 DLHs per unit 12.00 (Hubs)

$15 per DLH × 0.40 DLHs per unit 6.00 (Sprockets)

Overhead:

$490,000 ÷ 10,000 unit 49.00(Hubs)

$598,000 ÷ 40,000 units 14.95(Sprocket)

Unit cost $93.00 (Hubs) $38.95 (Sprockets)

$32.00+$12.00+$49.00=$93 Hubs Unit cost

$18.00+$6.00 +$14.95=$38.95 Sprockets Unit cost

answered: Guest

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

answered: Guest

2b2t

explanation:

2b2t

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Direct Labor-Hours per Unit Annual Production Hubs 0.80 10,000 units Sprockets 0.40 40,000 units Add...