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Morgana Avionics makes three types of radios for small aircraft: Model A, Model

ID: 2456708 • Letter: M

Question

Morgana Avionics makes three types of radios for small aircraft: Model A, Model B, and Model C. The manufacturing operations are mechanized and there is no direct labor. Manufacturing overhead costs are significant, and Morgana has adopted an activity-based costing system. Direct materials costs per unit for each model are as follows:

Model A

$28

Model B

$32

Model C

$40

Morgana has three activities: assembly, materials management, and testing. The cost driver for assembly is machine hours. The cost driver for materials management is number of parts, and the cost driver for testing is the number of units of product. Total costs and production volumes for the year 2015 were estimated as follows:

Total cost

Total units

Cost Driver

Assembly

$780,000

120,000

Machine hours

Materials management

$120,000

80,000

Parts

Testing

$22,500

5,000

Units

The Model A radio requires 12 parts to construct, and requires 16 machine hours of processing. What is the manufacturing cost to make one unit of Model A?

A) $150.00

B) $132.00

C) $126.50

D) $154.50

Model A

$28

Model B

$32

Model C

$40

Explanation / Answer

A

B

C

D=A/B

No of Units required for Model A

Cost per Unit

Activities

Total cost

Total units

Cost Driver

Cost Drive rate

Assembly

               780,000

      120,000

Machine hours

                          7

               16

   104.00

Materials management

               120,000

        80,000

Parts

                          2

               12

     18.00

Testing

                  22,500

          5,000

Units

                          5

                 1

        4.50

Manufacturing cost to make one unit of Model A?

     28.00

   154.50

Option D Correct

A

B

C

D=A/B

No of Units required for Model A

Cost per Unit

Activities

Total cost

Total units

Cost Driver

Cost Drive rate

Assembly

               780,000

      120,000

Machine hours

                          7

               16

   104.00

Materials management

               120,000

        80,000

Parts

                          2

               12

     18.00

Testing

                  22,500

          5,000

Units

                          5

                 1

        4.50

Manufacturing cost to make one unit of Model A?

     28.00

   154.50

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