Question: CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 27 Answer saved Points out of 25.00 PFlag question Traditional Product Costing Versus Activity-Based Costing Assume that Panasonic

 CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 27 Answer saved Points

CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 27 Answer saved Points out of 25.00 PFlag question 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 $240,000, consisting of the following activity cost pools for the current month Activity Centers Activity Costs Cost Drivers Assembly setups Materials handling Assembly Maintenance Total Activity Level 1,500 300 12,000 1,200 $63,000 Setup hours 33,000 Number of moves 120,000 Assembly hours 24,000 Maintenance hours $240,000 Total direct labor hours used during the month were 8,000. Panasonic produces many different electronic products including the following two products produced during the current month: Units produced Direct materials costs Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Model X301 1,000 $33,000 $30,500 500 50 25 800 Model Z205 1,000 $33,000 $30,500 500 100 50 800 40 a. Calculate the total per-unit cost of each model using direct labor hours to assign manufacturing overhead to products Round rate to two decimal places Overhead rate per direct labor hour 0 Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed

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