Accounting Case 3 (2)

PLEWSE HELP ME DO THIS HW QUESTION I LITERALLY DONT UNDERSTAND PLEASE AND THANK YOU.   Q: Determine the total monthly overhead cost allocated to each of the four productlines from each of the four production departments. Note: In your intermediarycalculations, make sure to show the total costs allocated from each productiondepartment to each product line

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Question 2: How much of each product should be produced to maximize net operating income? Holton Company makes three products in a single facility. Data concerning these products follow:   Product A Product B Product C Selling Price per Unit $95.80 74.90 113.40 Direct Materials $41.80 $41.80 $68.20 Direct Labor $30.10 $13.40 $17.20 Variable Manufacturing Overhead $5.80 $4.50 $8.00 Variable Selling Cost per Unit $7.70 $3.20 $4.90 Mixing Minutes per Unit 13.70 3.00 2.00 Monthly Demand in Units 3,000 1,000 2,000

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Assume a company manufactures many products, one of which normally sells for $48 per unit. The company's accounting system reports the following unit product cost for this product: Direct materials. Direct labor Manufacturing overhead Total cost Per Unit The company estimates that $3 of its manufacturing overhead varies with respect to the number of units produced. The remainder of its overhead is fixed and unaffected by the volume of units produced within the relevant range. Multiple Choice $18 12 10 $ 40 A customer has approached the company with an offer to buy 300 units of a customized version of the product mentioned above for $42. The company can fulfill this order using existing manufacturing capacity. To accommodate the customer's desired product design, the company would incur additional direct materials cost per unit of $3. It would also have to buy a special tool for $520 that has no other use or resale value after the special order is completed. Assuming that accepting this…

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Discussion Question Epsilon Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At the beginning of 2018, they estimated total manufacturing overhead costs at $1,015,000, and they estimated total direct labor costs at $1,400,00o. The administration and selling overheads are to be absorbed in each job cost at 15% of production cost. Distribution cost should be added to each job according to quotes from outside carriage companies. The company wishes to quote for job # W5oo. Data for the job are as follows: Direct materials cost $169,450 Direct labour cost $230,000 Direct labour hours 400 hours Special Design Cost Distribution quote from haulage company Units of product produced $12,300 $17,930 250 crates a) Compute Epsilon Manufacturing Company predetermined manufacturing overhead rate for 2018. b) How much manufacturing overhead was allocated to Job #W5o0? c) Calculate the total cost & quotation price of Job #W500, given…

Assume a company manufactures many products, one of which normally sells for $48 per unit. The company's accounting system reports the following unit product cost for this product Per Unit Direct materials $ 18 Direct labor 12 Manufacturing overhead 10 Total cost $ 40 The company estimates that $3 of Its manufacturing overhead varles with respect to the number of units produced. The remainder of its overhead Is fixed and unaffected by the volume of units produced within the relevant range A customer has approached the company with an offer to buy 300 units of a customized verslon of the product mentioned above for $39. The company can fulfill this order using existing manufacturing capacity. To accommodate the customer's desired product design, the company would Incur additional direct materlals cost per unit of $3. It would also have to buy a speclal tool for $600 that has no other use or resale value after the special order Is completed. Assuming that accepting this order will not…

Question 2: Pedagogy Inc. is an e-book reader manufacturer. The company's ABC system has the following five activity cost pools and activity rates: Activity Cost Pools Labor related Direct Material cost per units Direct Labor cost per unit Number of units produced per year Machine related Machine setups Production orders Shipments Cost and activity data have been supplied for the following products: Peda 101 Peda 101 Activity rates $115.00 $7.50 400 $18.00 per direct labor hour $20.00 per machine hour $40 per setup $120.00 per order $15.00 per shipment 210 300 3 4 5 Peda 102 Direct labor hours Machine hours Machine setups Production orders Shipments Compute the unit product cost of each of the products listed above. $210.00 $5.00 600 Total Expected Activity Peda 102 910 2,000 7 9 17 Peda 103 $280.00 $2.50 900 Peda 103 1,510 3,000 125 10

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Discussion Question Epsilon Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At the beginning of 2018, they estimated total manufacturing overhead costs at $1,015,000, and they estimated total direct labor costs at $1,400,000. The administration and selling overheads are to be absorbed in each job cost at 15% of production cost. Distribution cost should be added to each job according to quotes from outside carriage companies. The company wishes to quote for job # W500. Data for the job are as follows: Direct materials cost $169,450Direct labour cost $230,000Direct labour hours 400 hoursSpecial Design Cost $12,300Distribution quote from haulage company $17,930 Units of product produced 250 crates a) Compute Epsilon Manufacturing Company predetermined manufacturing overhead rate for2018.b) How much manufacturing overhead was allocated to Job #W500?c) Calculate the total cost & quotation price of Job #W500, given that a…

Discussion Question Epsilon Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At the beginning of 2018, they estimated total manufacturing overhead costs at $1,015,000, and they estimated total direct labor costs at $1,400,000. The administration and selling overheads are to be absorbed in each job cost at 15% of production cost. Distribution cost should be added to each job according to quotes from outside carriage companies. The company wishes to quote for job # W500. Data for the job are as follows: Direct materials cost $169,450Direct labour cost $230,000Direct labour hours 400 hoursSpecial Design Cost $12,300Distribution quote from haulage company $17,930Units of product produced 250 crates a) Compute Epsilon Manufacturing Company predetermined manufacturing overhead rate for 2018.b) How much manufacturing overhead was allocated to Job #W500?c) Calculate the total cost & quotation price of Job #W500, given that a…

Assume a company manufactures many products, one of which normally sells for $48 per unit. The company’s accounting system reports the following unit product cost for this product:    Per Unit Direct materials   $ 18   Direct labor     12   Manufacturing overhead     10   Total cost   $ 40     The company estimates that $3 of its manufacturing overhead varies with respect to the number of units produced. The remainder of its overhead is fixed and unaffected by the volume of units produced within the relevant range.A customer has approached the company with an offer to buy 300 units of a customized version of the product mentioned above for $39. The company can fulfill this order using existing manufacturing capacity. To accommodate the customer’s desired product design, the company would incur additional direct materials cost per unit of $3. It would also have to buy a special tool for $420 that has no other use or resale value after the special order is completed.…