Question: please type the answer Help Save a Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow. 10 Direct Labor- Hours

please type the answer
please type the answer Help Save a Fogerty Company makes two products-titanium
Hubs and Sprockets. Data regarding the two products follow. 10 Direct Labor-
Hours per Annual Unit Production 0.70 20,000 units 0.30 52.000 units B

Help Save a Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow. 10 Direct Labor- Hours per Annual Unit Production 0.70 20,000 units 0.30 52.000 units B 04:2454 Sprockets a. Hubs require $25 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $19 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Activity Control (Activity Measure) Machine setups number of setups ) Special processing machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 20,790 $120,000 $326.000 Hubs Sprockets Total 105 84 189 4,000 0 4.000 NA NA NA Required: 1. Compute the activity rate for each activity cost pool 2. Determine the unit product cost of each product according to the ABC system. Complete this question by entering your answers in the tabs below. 11ory organization-sustaining) 000 $326,000 000 NA NA 4.000 NA Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. Complete this question by entering your answer the tabs below. Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Nachine setups Special processing Activity Rate per setup per MH Reed Required 2 > La tactory (organization-sustaining) 189 $120,000 $326,000 4,000 A A ,000 A Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. Complete this question by entering your answe t he tabs below. Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost Required 1

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!