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? Secure https://www.mathxl.com/Student/PlayerTest.aspx?testId=184279419&centerwinsyes; ACCT 205-42 CRN#14292 Noelle Nunez | 7/7/18 1:31 AM Test: Quiz ABC Chapter 19 Submit Test This Question: 1 pt 4 4 of 5 (4 complete) This Test: 5 pts possible The following information is provided for Space Antenna Corp., which manufactures two products: Lo-Gain antennas and Hi-Gain antennas for use in remote areas Click the ioon to view the information.) pace Antenna plans to produce 250 Lo-Gain antennas and 400 Hi-Gain antennas. Read the requirements Requirement 1. Compute the indirect manufacturing cost per unit using direct labor hours for the single plantwide predetermined overhead allocation rate First, compute the predetermined overhead (OH) allocation rate. (Round your answer to the nearest cent.) The predetermined overhead (OH) allocation rate is S Compute the manufacturing cost allocated to Lo-Gain antennas, and then compute the indirect manufacturing cost per unit for Lo-Gain antennas. Next, compute the manufacturing cost allocated to Hi-Gain antennas and the indirect 1.44 manufacturing cost per uni for Hi-Gain, (Round your cost per unit to the nearest cent.) Lo-Gain Hi-Gain Data Table Total indirect costs allocated Number of units Indirect cost per unit Requirement 2. Compute the ABC indirect manufacturing cost per unit for each product. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate Activity Cost Allocation Base Setup Machine maintenance Total indirect manufacturing costs 52,000 Number of setups 36,000 Number of machine hours 88,000 cent.) Lo-Gain 2,000 60 3,600 Hi-Gain 6,000 60 2,400 Tota allccation rate Direct labor hours Number of setups Number of machine hours 8,000 Setup 120 Machine maintenance 6,000 Next, select the formula to allocate overhead (OH) costs. Print Done Choose from any list or enter any number in the input fields and then continue to the next question.

Solution

Answer:

1

Predetermined overhead allocation rate

= Predetermined overhead cost / Total Predetermined overhead allocation Base

=88,000/8000 DLH.

=$11 Per DLHr

Lo-gain

Hi-Gain

Overhead cost
(2000*11=22000 )
(6000*11= 66000)

22000

66000

Devided By: Number of unit

250

400

Pverhead cost per unit

88

165

______________________________________

2

ABC method

Predetermined overhead cost

/

Predetermined overhead allocation Base

=

Pre determined OH allocation rate

Set Up

52000

/

120

=

433.33

Per set up

Machine Maintenance

36000

/

6000

=

6

Per MHr

Lo-gain

Hi-Gain

Overhead cost
(2000*11=22000 )
(6000*11= 66000)

22000

66000

Devided By: Number of unit

250

400

Pverhead cost per unit

88

165

 ? Secure https://www.mathxl.com/Student/PlayerTest.aspx?testId=184279419&centerwinsyes; ACCT 205-42 CRN#14292 Noelle Nunez | 7/7/18 1:31 AM Test: Quiz ABC
 ? Secure https://www.mathxl.com/Student/PlayerTest.aspx?testId=184279419&centerwinsyes; ACCT 205-42 CRN#14292 Noelle Nunez | 7/7/18 1:31 AM Test: Quiz ABC

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