Question: please answer requirement 2 explain and show the calculation ( don't use Excel Bf346351aa3ef3.. HW Score: 10.5%, 10.5 of 100 pts Question Help produce 10,000




Bf346351aa3ef3.. HW Score: 10.5%, 10.5 of 100 pts Question Help produce 10,000 basic trophies and 5,000 deluxe trophies Manufacturing takes place in two production general overhead. In the assembly department, all indirect manufacturing costs are accumulated in one they are formed in batches of 50 X Data Table ad The controller has asked you to compare plant-wide, department, and activity-based cost allocation Tribute Budgeted Information for the Year Ended November 30, 2017 Forming Department Basic Deluxe Total Direct materials $ 26 000 $ 23,000 $ 49,000 Direct manufacturing labor 32 300 7.700 40.000 Overhead costs set up 50 950 General overhead 22,400 Assembly Department Basic Deluxe Total Direct materials $ 5,100 $ 23.400 $ 28,500 Direct manufacturing labor 15,600 20.400 36.000 er the ad Overhead costs General overhead 54.800 Print Done Final Check on cams. Day Policy | Permissions Contact Us SER http://www.bing.com/sear E* 15:43 2027/1/ Tribute Inc. makes two styles of trophies, basic and deluxe, and operates at capacity. Tribute does large custom orders. Tribute budgets to produce 10,000 basic trophies and 5,000 deluxe trophies. Manufacturing takes place in two production departments : forming and assembly. In the forming department, indirect manufacturing costs are accumulated in two cost pools, set up and general overhead. In the assemblydepartment, all indirect manufacturing costs are accumulated in one general overhead cost pool. The basic trophies are formed in batches of 200 but because of the more intricate detail of the deluxe trophies, they are formed in batches of 50. 1 Requirement 1. Calculate the budgeted unit cost of basic and deluxe trophies based on a single plant-wide overhead rate, I total labor cost in your unit cost calculation.) Start by calculating the total direct costs for the basic and deluxe trophies departments Basic Deluxe Total Direct materials Forming $ 26,000 $ 23,000 $ 49,000 Assembly 5,100 23,400 28,500 Total direct materials 31.100 46,400 77,500 Direct manufacturing labor Forming 32,300 7.700 40.000 15,600 20.400 36,000 Assembly 47.900 28.100 76,000 Total direct manufacturing labor 79,000 $ 74,500 $ 153,500 Total direct costs Next, calculate the budgeted overhead rate for total overhead allocated based on total direct costs. First select the formula, then enter the applicable amu used DC - Direct cost, DL - Direct labor, 5 = dollar) Total overhead costs Total direct costs Budgeted overhead rate 135.150 153 500 - $0.90 Der DCS Enter any number in the edit fields and then click Check Answer Finally, calculate unit cost for the basic and deluxe trophies (Round your final answer to the nearest cent, $X.XX.) Basic Deluxe Total Total direct costs $ 79,000 $ 74,500 $ 153,500 Allocated overhead 71,100 67,050 138. 150 150,100 $ 141,550 $ 291,650 Total costs Unit cost 15.01" $ 28.31 Requirement 2. Calculate the budgeted unit cost of basic and deluxe trophies based on departmental overhead rates, where fc and assembly department overhead costs are allocated based on total direct manufacturing labor costs of the assembly departe Start by calculating the budgeted overhead rate for the forming and assembly departments based on direct manufacturing labor overhead rates to the nearest cent, $X.XX.) Budgeted overhead costs Budgeted direct labor costs Budgeted overhead rate Forring $ 73,350 40,000 = $ 1.83 per DC S Assembly 64,800 36,000 1.80 per DC $ $ 1$ $ Finally, calculate the unit cost for the basic and deluxe trophies. (Round your final answer to the nearestent ev Finally, calculate the unit cost for the basic and deluxe trophies. (Round your final answer to the nearest cent, $X.XX.) Basic Deluxe Total Total direct costs 79,000 $ 74,500 $ 153,500 Allocated overhead Forming Department 58,300 30,700 73,350 20,700 43,800 64,800 Assembly Department 79,000 74,500 291,650 Total costs Unit cost 7.90 14.9
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