Question: I need help with my assignment please Problem 4-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2 The following

I need help with my assignment please

I need help with my assignment please Problem 4-1A Comparing costs using

ABC with the plantwide overhead rate LO P1, P3, A1, A2 The

following data are for the two products produced by Tadros Company Direct

materials Direct labor hours Machine hours Batches Volume Engineering modifications Number of

customers Market price Product A $ 14 per unit 0.4 DLH per

Problem 4-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2 The following data are for the two products produced by Tadros Company Direct materials Direct labor hours Machine hours Batches Volume Engineering modifications Number of customers Market price Product A $ 14 per unit 0.4 DLH per unit 0.3 MH per unit 100 batches 10,000 units 11 modifications 500 customers $ 34 per unit Product B $ 27 per unit 1.5 DLH per unit 1.1 MH per unit 200 batches 2,000 units 55 modifications 400 customers $ 95 per unit The company's direct labor rate is $20 per direct labor hour (DLH). Additional information follows. Costs Driver Indirect manufacturing Engineering support Electricity Setup costs Nonmanufacturing Customer service $ 24,000 Engineering modifications 26,000 Machine hours 41,000 Batches 71,000 Number of customers Required: (Round your per unit cost answers to 2 decimal places and other answers to nearest whole number. Loss amounts should be indicated with minus sign.) 1. Compute the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. Overhead costs Direct labor hours Activity Driver Plantwide OH rate Total Overhead Cost Units Produced Overhead Assigned Product A Product B unit 5.20 19.50 Product B Direct material cost per unit Direct labor cost per unit Overhead cost per unit Product A 14.00 8.00 5.20 2720 $ 30.00 19.50 76.50 1.2 What is the gross profit per unit? Product A Product B Market price 3400 $ 95.00 Manufacturing cost per unit (2720) (76.50) Gross profit per unit 174.60 $ 44.15 21 How much gross profit is generated by each customer of Product A and Product B using the plantwide overhead rate? Product A Product B Gross profit per unit 174.60 $ 44.15 Units purchased per customer Gross profit per customer 2.2 What is the cost of providing customer service to each customer? 01 Is the gross profit adequate for each customer of Product A and B using the plantwide overhead rate? Product A Product B Gross profit per customer Customer service cost per customer Profit (loss) per customer Is the profit adequate? 3.1 Determine the manufacturing cost per unit of each product line using ABC. Engineering Support Overhead costs $ 24.000 $ 363.64 per modification Number of modifications Electricity Overhead costs 26.000 5.00 per machine hour Number of machine hours 5 200 Setup Overhead costs $ 41.000 $ 136.67 per batch Number of batches 300 Overhead Assigned Total Assigned Activity Driver Activity rate Overhead Cost Product A Engineering support 4,000 modifications 55.00 per modification Electricity TTT Setup Product B Engineering support Electricity Setup Product B $ $ Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit Product A 14.00 8.00 0.00 27.00 30.00 0.00 3.2 What is the gross profit per unit? Product A 34.00 $ Product B 95.00 Market price $ Gross profit(loss) per unit Market price 3400 $ 95.00 Manufacturing cost per unit (25 27) (86 17 Gross profit(loss) per unit 41 How much gross profit is generated by each customer of Product A and Product Busing ABC Product A Product B Gross profitfloss) per unit Units purchased per customer Gross profit (loss) per customer 12 is the gross profit adequate for each customer of Product A and B using ABC? Product A Products 174.60 Gross profit (loss) per customer Customer service cost per customer Profit (loss) per customer is the profit adequate using ABC

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