Question: Setting up equipment is based on setup hours, and other overhead is based on oven hours. Castle Dale produces two products, Fudge and Cookies. Information

Setting up equipment is based on setup hours, and other overhead

Setting up equipment is based on setup hours, and other overhead is based on oven hours. Castle Dale produces two products, Fudge and Cookies. Information on each product is as follows: Required: 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. 2. How much total overhead is assigned to Fudge using ABC ? $ 3. What is the unit overhead assigned to Fudge using ABC ? Round to the nearest cent. $ per unit 4. Now, ignoring the ABC results, calculate the plantwide overhead rate, based on oven hours. Round to the nearest cent. $ per oven hour 5. How much total overhead is assigned to Fudge using the plantwide overhead rate? $

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