4 1 CD2 - Excel Tutorial 3 CURRENT DESIGNS 4) Juegel Hollow Resort has ordered 20 rotomolded kayaks from Current Designs. Each kayak will be formed in 5 the rotomolded oven, cooled, and then the excess plastic trimmed away. Then, the hatches, seat, ropes, and tungees 6 will be attached to the kayak. 7 Dave Thill, the kayak plant manager, knows that manufacturing each kayak requires 54 pounds of polyethylene 8 powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks cost $1.50 per 9 pound, and the finishing Kits cost $170 each. Each kayak will use two kinds of labor: 2 hours of more -skilled type 10 labor from people who run the oven and trim the plastic, and 3 hours of less-skilled type II labor from people who attach the 11 hatches and seat and other hardware. The type l employees are paid $15 per hour, and the type Il employees are paid $12 per 12 hour. For purposes of this problem, assume that overhead is allocated to all jobs at a rate of 150% of direct labor costs. 14 Instructions 15 Determine the total cost of the Huegel Hollow order and the cost of each individual kayak in the order. Identify costs as 16 direct materials, direct labor, or manufacturing overhead. 10 NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?". Cost for one kayak Direct Materials Polyethylene powder Finishing Kit Direct Labor More skilled Less skilled 82.1 12.5 12.9 P2JA | P2-SA CO2 O AutoSave 20 B 2 Excel Template Assignment Ch02 (1) Protected View Excel Search File Home Insert Page Layout Formulas Data Review View HelpDYMO Label QuickBooks PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View Enable Editing . D Cost for one kayak Direct Materials Polyethylene powder Finishing Kit Direct Labor More skilled Less skilled Manufacturing overhead Total cost of one kayak Cost for order of 20 kayaks: Cost per unit x 20 units 43 After you have completed CD2, consider the following additional question 441 Assume that each Kayak requires 60 lbs of polyethylene and coul of finishing kit changed to $180 per kit. Also assume that overhead is allocated to all jobs at a rate of 180% of direct labor costs. Show the impact of these changes