Question: please help me solve this. tables that need to be filled is like the down below. Mamutacturing takes place in two production departments torming and

please help me solve this. tables that need to be filled is like the down below.
please help me solve this. tables that need to be filled is
like the down below. Mamutacturing takes place in two production departments torming
and assombly. In the forming dopartment. indirect mancitscturng costs are accumulased in
tho cosel pools sef up and genera ovehiad In the assembly department,
all indirect manufacturing costs are accumulated in one ganeral ovethead oost pool:
The basic tophios are formod in batithes of 200 units per batch
but because of line nom inticate detail of the deluse trophies, they

Mamutacturing takes place in two production departments torming and assombly. In the forming dopartment. indirect mancitscturng costs are accumulased in tho cosel pools sef up and genera ovehiad In the assembly department, all indirect manufacturing costs are accumulated in one ganeral ovethead oost pool: The basic tophios are formod in batithes of 200 units per batch but because of line nom inticate detail of the deluse trophies, they are formed in batches of 50 unts per batch. Click the icon to view budgeted intormation.) Read the roqurements: direct malerial and diroct manutadeduring tabor cost in your unt cost calculation.) Start by caloulating the total drect costs for the basio and deluxe trophies departments. Requirements e 10,000 basic trophies anc lated in two cost pools, set ches of 200 units per batch 1. Calculate the budgeted unit cost of basic and deluxe ts whies based on a single plantwide overhead rate, if total overhead is allocated based on total direct costs. (Don't forget to include direct material and direct manufacturing labor cost in your unit cost calculation.) 2. Calculate the budgeted unit cost of basic and deluxe trophies based on departmental overhead rates, where forming department overhead costs are allocated based on direct manufacturing labor costs of the forming department and assembly department overhead costs are allocated based on total direct manufacturing labor costs of the assembly department. 3. Calculate the budgeted unit cost of basic and deluxe trophies if Triumph allocates overhead costs in each department using activity-based costing. where setup costs are allocated based on number of batches and general overhead costs for each department are allocated based on direct manufacturing labor costs of each department. 4. Explain briefly why plantwide, department, and activity-based costing systems show different costs for the basic and deluxe trophies. Which system would you recommend and why? Data table The controller has asked you to compare plantwide, departme and activity-based cost allocation. culate the budgeted lirect manufacturing Triumph Inc. Requirement-1 Statement of Budgeted Unit Cost based on single plantwise overhee Trlumph inc. Budgeted Information for the Year Ended November 30, 2020 Activity based cost Triumph Inc. Requirement-2 Statement of ludgeted Unit Cost based on Direct Labour Cost Triumph inc. Statement of Budgeted Unit Cost based on activity based costing

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!