w21 Online teaching and learning resource from Cengage Learning - Google Chrome now.com/ilm/takeAssignment/take AssignmentMain.do?inprogress=true mework eBook Calculator _VS_TRADITIONA... Comparing ABC and Plantwide Overhead Cost Assignments ALGO Wellington Chocolate Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs: Setting up equipment $760,000 3. ALGO Other overheard $5,800,000 2.ALGO Setting up equipment is based on setup hours, and other overhead is based on oven hours. Wellington produces two products, Fudge and Cookies. Information on each product is as follows: 1 ALGO Fudge Cookies -2 ALGO Units produced 445,000 Setup hours 8,000 15,200 5,000 3,800 Oven hours 35,000 E7 ALGO Required: 18. ALGO Round your answers to the nearest whole dollar, unless otherwise directed. 50 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. a. Setting up equipment per setup hour b. Other overhead per oven hour 2. How much total overhead is assigned to Fudge using ABC? Previous Next Es: 4/10 items Type here to search o f $3 5 9 takeAssignment/take AssignmentMain.do?inprogress=true sed Calculator eBook Required: ONA... Round your answers to the nearest whole dollar, unless otherwise directed. 1. Calculate the activity rate for (a) setting up equipment and (b) other overhead. a. Setting up equipment per setup hour b. Other overhead per oven hour 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 S 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? 6a. The difference in the total overhead assigned to Fudge is different under the ABC system and non-ABC system because 6b. What is the difference in total overhead assigned to fudge under the two methods? Previous Next (? Ex 9:49 AM 90 2/14/20205 earch