Question: Problem 1: Batch-Production Costing - (Chapter 7) A Press operation for an automobile door panel production line require 50 hours for the tooling setup, the

Problem 1: Batch-Production Costing - (Chapter 7) A Press operation for an automobile door panel production line require 50 hours for the tooling setup, the tooling Costs $100,000. The operation is estimated to require 2.210 minutes for loading, drawing to size and trimming the material, which completes the cycle time. The number of parts of this model year is 250,000 units. Material cost for the sheet steel blank including all losses is $7.50 per unit. The Productive Hourly Cost (PHC) for the press line is $195 The company owns 3 Press Lines, each has 4000 hours of available capacity for door panel production Question1: estimate the required process lot hours, Question the 2: estimate the unit cost and determine the percentage of cost allocated to Productive Hourly Cost (PHC), Tooling Cost, and Material Cost

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