3 Homework: Practice Homework -... Question 1, E5-22 (simila. HW Score: 12.98%, 0.52 of 4 points Points: 0.22 of 1 Part 5 of 15 Save Triton Inc, makes two styles of trophies, basic and deluxe, and operates at capacity. Triton does large custom orders. Triton budgets to produce 10,000 basic trophies and 5,000 dolux trophies Manufacturing takes place in two production departments forming and assembly, in the forming department, indirect manufacturing costs are accumulated in two cost pools, set up and general overhead. In the assembly department, all indirect manufacturing costs are accumulated in one general overhead cost pool. The basic trophies are formed in batchen of 200 but because of the more intricate detail of the deluxe trophies, they are formed in batches of 50 Click the icon to view budgeted information) Read the requirements Requirement 1. Calculate the budgeted unit cost of basic and deluxe trophies based on a single plantwide overhead rate, if total overhead is allocated based on total direct costs. (Don't torpatto include direct material and direct manufacturing labor cost in your unit con calculation) Start by calculating the total direct costs for the basic and deluxe trophies departments Basic Deluxe Total Direct materials Forming $ 27.500 5 22,550 $ 50.050 5.000 4,450 9.450 Ambly Total direct materials 32.500 27.000 2.100 Direct manufacturing labor 31,500 Forming 17.500 40.000 15.500 19.500 35,000 Assembly 47,000 37 og 84,000 Total direct manufacturing labor $ 79.500 5 143,500 64000 $ Total directo VN Read the requirements Assembly 15,500 19,500 35.000 Total direct manufacturing labor 47.000 37.000 B4,000 Total direct costs $ 79,500 $ 64,000 $ 143,500 Next, calculate the budgeted overhead rate for total overhead allocated based on total direct costs. First select the formula, then enter the applicable amounts and calculate the rate (Roundy answer to the nearest cent. SX.XX. Abbreviations used: DC Direct cost, DL - Direct labor, $ dollar) Total overhead costs Total direct costs Budgeted overhead ratio $ 114 800 143,500 0.80 per DC 5 Finally, calculate unit cost for the basic and deluxe trophies (Round your final answer to the nearest cont, $x.xx.) Basic Deluxe Total Total direct costs 79500 64000 143500 Allocated overhead Total costs Unit cost VN 26 JS MacBook Pro Data Table hies, produc ment, trophie ed info sic Win in E The controller has asked you to compare plantwide, department, and activity-based cost allocation. Triton Budgeted Information for the Year Ended November 30, 2020 Forming Department Basic Deluxe Total Direct materials 27,500 $ 22,550 $ 50,050 Direct manufacturing labor 31,500 17,500 49,000 Overhead costs: Set up 35,280 Overhead costs: General overhead 23,520 unts a headre K. Abbrd Assembly Department Basic Deluxe Total Direct materials 5,000 $ 9,450 4,450 $ 19,500 basic al 15,500 Direct manufacturing labor Overhead costs: General overhead 35,000 56,000 Print Done