Question 8 of 9 -/1,5 Lisa works for a company that makes and sells vases, and...
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Question 8 of 9 -/1,5 Lisa works for a company that makes and sells vases, and she just completed the preliminary gross margin analysis related to the recently completed fiscal year. She followed past practice and allocated MOH costs using a plant-wide rate based on DL hours. The company makes two varieties of vases: Sturdy and Delicate. Lisa wasn't convinced that using a single plant-wide rate was the best way to go, So she divided the company's MOH costs into three categories according to common descriptions noted in the accounting system: molding (driven by DL hours), polishing (driven by machine hours), and packaging (driven by packaging hours). She gathered the following information to assist in her analysis. Sturdy Delicate Sales revenue $102.000 $63,750 Direct material costs $18,800 $6,200 Direct labor costs $11.100 $11.100 Units produced 2.000 1,250 Direct labor hours 1,000 1,000 Machine hours 1,900 3,000 Packaging hours 900 2,100 Activity Total Cost Molding $7,400 Polishing 24,500 Packaging 9,900 Question 8 of 9 -/1,5 (a) Caloulate the single plant wide rate that Lisa must have calculated and then allocate MOH costs to the two products using that rate, (Round plant-wide rote to 2 decimal places, es 15.25) Plant wide rate /DL hour Sturdy Delicate Applied MOH Determine the total product cost per unit for each type of vase under this approach (Round answers to 2 decimal places, es 15.25) Sturdy Delicate Product costunit eTextbook and Media Sve for Laer Attempts unlimited Sutmit Aner Question 8 of 9 -/1,5 Lisa works for a company that makes and sells vases, and she just completed the preliminary gross margin analysis related to the recently completed fiscal year. She followed past practice and allocated MOH costs using a plant-wide rate based on DL hours. The company makes two varieties of vases: Sturdy and Delicate. Lisa wasn't convinced that using a single plant-wide rate was the best way to go, So she divided the company's MOH costs into three categories according to common descriptions noted in the accounting system: molding (driven by DL hours), polishing (driven by machine hours), and packaging (driven by packaging hours). She gathered the following information to assist in her analysis. Sturdy Delicate Sales revenue $102.000 $63,750 Direct material costs $18,800 $6,200 Direct labor costs $11.100 $11.100 Units produced 2.000 1,250 Direct labor hours 1,000 1,000 Machine hours 1,900 3,000 Packaging hours 900 2,100 Activity Total Cost Molding $7,400 Polishing 24,500 Packaging 9,900 Question 8 of 9 -/1,5 (a) Caloulate the single plant wide rate that Lisa must have calculated and then allocate MOH costs to the two products using that rate, (Round plant-wide rote to 2 decimal places, es 15.25) Plant wide rate /DL hour Sturdy Delicate Applied MOH Determine the total product cost per unit for each type of vase under this approach (Round answers to 2 decimal places, es 15.25) Sturdy Delicate Product costunit eTextbook and Media Sve for Laer Attempts unlimited Sutmit Aner
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