Onlir X Cengage Leaming Print tem Single Plantwide Rate and Activity-Based Costi
ID: 2518228 • Letter: O
Question
Onlir X Cengage Leaming Print tem Single Plantwide Rate and Activity-Based Costinyg whirfpool Corporation conducted an activity based costing study of its Evansvlle, Indiana, plant in order to ldentify ts most profitable products. Assume that activity-base information for each of the three refrigerators we select three representative refirigerators (out of 333): one low, one medium, and one high volume refrigerator. Additionally, we assume the following Three Representative Refrigeralors Number f Number of Numberof Number of Machine Hours Setups Sales Orders Units Refrigerator-Low Volume Refrigerator-Medium Volume Refrigerator-High Volume Prior to conducting the study, the factory overhead allocation was based a single machine hour rate. The machine hour tato was $400 per hour. After conducting the activity-based costing study, assume that three activibles were used to alocate the factory overhead. The new activity rate Information is assumed to be as follows 18 17 12 370 1,850 1,050 5,250 Processing Activity $130 Machining Activity Setup Activity Activity ratse 5390 a. Complete the following table, using the single machine hour rate to determine the per-unit factory overhead for each refrigerator (Colume A) and the thee activity-based rates to determine the single to activity-based rate methods (Column C) activity based factory overhead per unit (Colume 8). Finalls, compute the percent change in per unit alocation from the If required, round all per unit answers to the nearest cent. Round percents to one decimal place. For colume C, use the minus sign to indicate a negative or Column B Column C Columan A more Check My Werk uses renmaining DELL F12PrtScr FO FO F6Explanation / Answer
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B.
C.
no. of machine hours Machine hr rate Allocated overhead No.of units Overhead P.U low 80 400 32000 400 80 medim 370 400 148000 1850 80 high 1050 400 420000 5250 80Related Questions
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