Question: need help on B Fm-9 Concord is an electronics components manufacturer, Information about the company's two products follows: Units produced Direct labor hours required for

need help on B Fm-9  need help on B Fm-9 Concord is an electronics components manufacturer,
Information about the company's two products follows: Units produced Direct labor hours
required for production Units per batch Shipping weight per unit AM-2 25,000

Concord is an electronics components manufacturer, Information about the company's two products follows: Units produced Direct labor hours required for production Units per batch Shipping weight per unit AM-2 25,000 12,500 5,000 0.50 lbs. FM-9 5,000 15,000 500 10.00 lbs The company incurs $962,500 in overhead per year and has traditionally applied overhead on the basis of direct labor hours, (a) Your answer is correct. 6) How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, c.8. 3.54 and final answers to decimal places, eg. 45,000.) AM-2 FM-9 437500 $ 525000 Overhead allocated to each product Your answer is correct. (0) How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to decimal places, eg. 45,000.) AM-2 FM-9 $ 437500 $ 525000 Overhead allocated to each product (1) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, eg. 15.25.) AM-2 FM-9 17.5 $ 105 Overhead cost per unit Assume that Concord has identified three activity cost pools. Pool Assembly Setup Packaging Cost $660,000 37,500 687,500 Cost Driver Direct labor hours Number of setups (1 per batch) Weight (1) Given these activity pools and cost drivers, how much overhead should be allocated to each product? (Round per unit rates to 2 decimal places, eg. 3.54 and final answers to decimal places, eg. 45,000.) AM-2 FM-9 $ Total allocated overhead 450000 625000 (II) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, eg. 15.25.) AM-2 FM-9 $ 18 $ 125 Overhead cost per unit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!