Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment

Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200 $2,200,000 Machining Machine hours 100,000 300,000 80,000,000 Engineering Engineering hours 50,000 100,000 10,500,000 Packing Packing orders 100,000 400,000 200,000 Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups $fill in the blank 1 per setup Machining $fill in the blank 2 per machine hour Engineering $fill in the blank 3 per engineering hour Packing $fill in the blank 4 per packing order 2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dollar. Deluxe $fill in the blank 5per unit Regular $fill in the blank 6per unit

-25-


Buy plagiarism free, original and professional custom paper online now at a cheaper price. Submit your order proudly with us



Essay Hope