How do I calculate the total setup time?

P6-40 (similar to) Question Help c Pet Gear Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Pet Gear accounts for direct materials using a FIFO cost-flow assumption. (Click the icon to view the account information.) Pet Gear uses an activity-based costing system and classifies overhead into three activity pools: Setup, Processing, and Inspection. Activity rates for these activities are $105 per setup-hour, $10 per machine-hour, and $15 per inspection-hour, respectively. Other information follows: B (Click the icon to view the other information.) Read the requirements Other information x For the Month of April Materials Plastic Product Information Metal Total Physical Units Budget To be used in production Add target ending inventory Total requirement Deduct beginning inventory Purchases to be made Cost Budget Purchases 3,700 lbs 360 lbs. 4,060 lbs 270 lbs. 3,790 lbs 525 lbs 75 lbs 600 lbs 80 lbs. 520 lbs Cost Driver Information Cat-allac Dog-errific Number of units per batch 25 10 Setup time per batch 1.50 hours 2.00 hours Inspection time per batch 0.5 hours 0.8 hour If necessary, round up to calculate number of batches. Nonmanufacturing fixed costs for March equal $30,000, half of which are salaries. Salaries are expected to increase 5% in April. Other nonmanufacturing fixed costs will remain the same. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue. 18,950 $ 2,080 21.030 Requirement 4. Prepare the direct manufacturing labor cost budget. Input Prices Direct materials Plastic $ 5 per pound Metal $ 4 per pound Direct manufacturing labor $ 10 per direct manufacturing labor hour Input Quantities per Unit of Output Cat-allac Dog-eriffic Direct materials Plastic 4 pounds 6 pounds Metal 0.5 pounds 1 pound Direct manufacturing labor-hours (DMLH) hours 5 hours Machine-hours (MH) 11 MH 19 MH Inventory Information, Direct Materials Plastic Metal Beginning inventory 270 pounds 80 pounds Target ending inventory 360 pounds 75 pounds Cost of beginning inventory $ 999 $ 256 Print Done Direct Manufacturing Labor Costs Budget For the Month of April Output units DMLH Total Hourly produced per unit hours wage rate 550 3 1,650 $ 10 250 5 1,250 10 Account Information - X Cat-allac $ Total 16,500 12,500 29,000 Dog-eriffic Total Requirement 5. Prepare the manufacturing overhead cost budgets for each of the three activities. Begin the manufacturing overhead cost budgets for each of the three activities by first calculating the total setup time. Print Done Cat-allac Dog-errific Total Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 530 265 Selling price S 205 $ 310 Target ending inventory in units 30 10 Beginning inventory in units 10 25 Beginning inventory in dollars 1,000 $ 4,650 Pet Gear uses a FIFO cost-flow assumption for finished-goods inventory. / 25 1 10 Units to be produced Units per batch Number of batches Setup time per batch 1.50 hrs 2.00 hrs X Total setup time hrs hrs hrs Print Done Enter any number in the edit fields and then click Check