Based on WireBuzz’s current traditional costing system, as outlined in the case, calculate the total cost and unit cost expected for the PBP and the LWTP wall key pads.Cannot use a plant wide rate to solve this question. Can use other forms of traditional costing systems. PBPLWTPTotalSelling price$170.00$340.00 Units in 2021/2262,000.0035,000.0097,000.00 Traditional costing system PBPLWTPTotalBudgeted direct materials cost$5,580,000.00$5,250,000.00$10,830,000Direct labour hours per unit (20$/h)1.54 Machine hours per unit12 Direct labour cost$1,860,000.00$2,800,000.00 Manufacturing OverheadsPBPLWTPTotal CostsMaterial-related$837,000.00$787,500.00$1,624,500.00Variable manufacturing$465,000.00$700,000.00$1,165,000.00Machine-related$1,364,000.00$1,540,000.00$2,904,000.00 $5,693,500.00

Solution:- Calculation of the total cost and unit cost expected for the PBP and the LWTP wall key…

Answered: Based on WireBuzz’s current traditional…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...

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Based on WireBuzz’s current traditional costing system, as outlined in the case, calculate the total cost and unit cost expected for the PBP and the LWTP wall key pads.

Cannot use a plant wide rate to solve this question. Can use other forms of traditional costing systems.


	PBP	LWTP	Total
Selling price	$170.00	$340.00
Units in 2021/22	62,000.00	35,000.00	97,000.00

Traditional costing system
	PBP	LWTP	Total
Budgeted direct materials cost	$5,580,000.00	$5,250,000.00	$10,830,000
Direct labour hours per unit (20$/h)	1.5	4
Machine hours per unit	1	2
Direct labour cost	$1,860,000.00	$2,800,000.00

Manufacturing Overheads	PBP	LWTP	Total Costs
Material-related	$837,000.00	$787,500.00	$1,624,500.00
Variable manufacturing	$465,000.00	$700,000.00	$1,165,000.00
Machine-related	$1,364,000.00	$1,540,000.00	$2,904,000.00
			$5,693,500.00

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