Traditional Product Costing versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing...
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Traditional Product Costing versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $1,272,800 consisting of the following activity cost pools for the current month: Cost Drivers Activity Centers Activity Costs $ 264,000 Setup hours Assembly setups Materials handling 129,600 Number of moves Assembly 720,000 Assembly hours Maintenance 159,200 Maintenance hours Total Units produced Direct materials costs Total direct labor hours used during the month were 14,800, Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model 2205 3,000 3,000 $32,000 $32,000 $27,000 $27,000 Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Direct materials $ Direct labor Overhead $1,272,800 Total cost Units Unit cost $ Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 2205 700 60 30 900 20 $ Total direct materials costs $ Total direct labor costs Overhead costs: Assembly setup Materials handling Activity Level 2,000 600 18,000 1,990 700 120 60 900 80 S b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 2205 ← products, including the following two products produced during the current month. Model X301 Model Z205 3,000 3,000 $32,000 $27,000 Units produced Direct materials costs Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Direct materials $ Direct labor Overhead Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Total cost Units Unit cost $ Total direct materials costs $ Total direct labor costs Overhead costs: Assembly setup Materials handling Assembly Maintenance Total costs Units produced Unit cost Check 700 60 30 900 20 b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. $ $ Round answers for unit cost to two decimal places, if applicable. X301 Z205 $ $32,000 $27,000 700 120 60 900 80 $ $ $ Traditional Product Costing versus Activity-Based Costing Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $1,272,800 consisting of the following activity cost pools for the current month: Cost Drivers Activity Centers Activity Costs $ 264,000 Setup hours Assembly setups Materials handling 129,600 Number of moves Assembly 720,000 Assembly hours Maintenance 159,200 Maintenance hours Total Units produced Direct materials costs Total direct labor hours used during the month were 14,800, Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model 2205 3,000 3,000 $32,000 $32,000 $27,000 $27,000 Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Direct materials $ Direct labor Overhead $1,272,800 Total cost Units Unit cost $ Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 2205 700 60 30 900 20 $ Total direct materials costs $ Total direct labor costs Overhead costs: Assembly setup Materials handling Activity Level 2,000 600 18,000 1,990 700 120 60 900 80 S b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 2205 ← products, including the following two products produced during the current month. Model X301 Model Z205 3,000 3,000 $32,000 $27,000 Units produced Direct materials costs Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Direct materials $ Direct labor Overhead Required a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products. Round answers for unit cost to two decimal places, if applicable. X301 Z205 Total cost Units Unit cost $ Total direct materials costs $ Total direct labor costs Overhead costs: Assembly setup Materials handling Assembly Maintenance Total costs Units produced Unit cost Check 700 60 30 900 20 b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. $ $ Round answers for unit cost to two decimal places, if applicable. X301 Z205 $ $32,000 $27,000 700 120 60 900 80 $ $ $
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To calculate the total perunit cost of each model using direct labor hours to assign manufacturing overhead to products we need to allocate the manufacturing overhead based on the direct labor hours a ... View the full answer
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Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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