Chapter 3: Applying Excel
2
3
Enter a formula into each
of the cells marked with a ? below
4
Review...
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Accounting
Chapter 3: Applying Excel
2
3
Enter a formula into eachof the cells marked with a ? below
4
Review Problem: Activity-Based Costing
5
6
Data
7
Deluxe
Tourist
8
Annualsales in units
1,000
9,000
9
Directmaterials per unit
$33
$33
10
Directlabor-hours per unit
1
1
11
12
Directlabor rate
$17
perDLH
13
14
Estimated
15
Overhead
Expected Activity
16
Activities and Activity Measures
Cost
Deluxe
Tourist
Total
17
Laborrelated (direct labor-hours)
$ 35,000
1,000
9,000
10,000
18
Machinesetups (setups)
120,000
40
60
100
19
Production orders (orders)
70,000
35
15
50
20
Generalfactory (machine-hours)
150,000
10,000
10,000
20,000
21
$375,000
(a)
What is the traditional unit product cost for the Deluxe model now?(Round your intermediatecalculations and final answer to 2 decimalplaces.)
(b)
What is the traditional unit product cost for the Tourist model?(Round your intermediatecalculations and final answer to 2 decimalplaces.)
(c)
What is the ABC unit product cost for the Deluxe model?(Round your intermediatecalculations and final answer to 2 decimalplaces.)
(d)
What is the ABC unit product cost for the Tourist model?(Round your intermediatecalculations and final answer to 2 decimalplaces.)
Answer & Explanation
Solved by verified expert
3.6 Ratings (273 Votes)
Answer a b Predetermined Overhead Rate 375000 Total Overhead 10000 DLH Predetermined Overhead Rate 3750 per DLH Calculation of Unit Product Cost Under Traditional Costing Deluxe Moderate Direct Material 3300 3300 Direct Labor 1700 1700 Applied Overhead 3750 3750
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