Woodall makes handheld calculators in two models - basic and Professional.

i oodal makes han eld c cuators n wo m dels bas prcfess ona. Wooca estimated S 49 500 c man ac uring ver ed and 605 000 mac ne hours rthe year. The basic model sctual y consumed 280 000 mac ne hours, and the po essional model cons rmed 25.000 machine hours. The prede emi E(Clickthe icon to view the dala using multiple department allocation sies IClick the icon to view addicicnal dat.a.) Haad tha requraments by sala tin armu a ta calculate tha radatem nad tustaad H alocat n ra e han enter te amount to con p na ha alocat n rata reach actity hhwaton sad: City antr y Ent r he maten's handin aloc bon rate onour deci a p acaa and he raman ng a oca ion r ; tn the nnarest -alocaticn ratc Msterials Hardlig Machine Sctup Insertion of Paits How much avarnead is alocated to the hasic moda?To tha pronassicnal modsl? begin try selectry tht fu"nuls to |ret overhead {OH) wsts Abbreviation used. Qty-quantity] Allocated m. uwshead custs Compute the total averhead aliccated to the basic medel, and than compute tre total avarhead aliccated to te professiona medel. Busic Mudel Professionul Model Monufacturing owerheed Matenials Hending Menufcluring uverhead-Machine selup Monufactunng overhead Insarticn of Parts Requirement 2. Compare the activity-based costing results from Requirement 1 wirth the company's results using a single plantwide rate and using muhiple department rates. What conclusions can you draw? Eagin by complating the table below to show the total and par unit overhcad alocatod to each madel under aach of the thrse different allacatian methods. Raund par unit amaunts to the nearest cent) Basic Model Professional Model Total MOH Per Unit Total MOH Per Unlt Singla plantwide allacation rata Multiple department allocation rates Activity-base What conclusions can you The allecstien using d allocation rates I is the most accurate because considers the resources used by each model. Management can now see that the medel cost less than expected and the model cost more than expected to produce. 1Requirements model consumed 325,000 mach 1. Woodall expects to produce 175,000 basic models and 175,000 professional models. Compute the predetermined overhead allocation rates using activity-based costing. How much overhead is allocated to the basic model? To the professional model? 2. Compare the activity-based costing results from Requirement 1 with the company's results using a single plantwide rate and using multiple department rates. What conclusions can vou draw? Print Done Basic Model Professional Model Manufacturing overhead-Assembly Manufacturing overhead-Packaging Total manufacturing overhead cost 319,000 $ 72,000 391,000 S 341,000 417,500 758,500 More Info Woodall wants to further refine its costing system by allocating overhead using activity-based costing. The estimated $1,149,500 of manufacturing overhead has been divided into three primary activities: Materials Handling, Machine Setup, and Insertion of Parts. The following data have been compiled Total Materials $63,000 Number of parts Handling Machine Setup Insertion of Parts $630,000 Number of parts $456,500 Overhead costs Allocation Base Expected usage Basic Model $1,149,500 Number of setups 30 parts per calculator 20 setups per year 30 parts per calculator Professional Model 60 parts per calculator 35 setups per y 60 parts per calculator Print Done