Any Accountants?

[benathon]

I have a problem I have to do but I missed the last two classes. Its worth a big chunk of my grade. It can mean getting a A- and dropping to a C+ or B-. Its basically my final project. So if anyone can please help me. I would greatly appreciate it.

Determine the gross profit for each model under the current manufacturing overhead.

Determine the manufacturing overhead cost for each model using the information relating to activities.

Determine the gross profit for each model using the ABC allocated manufacturing overhead.

[benathon]

This is whats given: Manufacturing overhead for the period is $810,000 and the predeterminded overhead rate is $15 per unit produced.

Dicer
Selling Price per unit $35
Units produced 26,000
Direct materials cost $410,000
Direct labor cost $110,000

Slicer
Selling Price per unit $65
Units produced 16,000
Direct materials cost $215,000
Direct labor cost $45,000

CutsALL
Selling Price per unit $80
Units produced 12,000
Direct materials cost $125,000
Direct labor cost $35,000

[benathon]

Manufacturing Overhead Costs
Engineering $125,000 (engineering changes)
Quality control $375,000 (# of units produced)
Manufacturing support $310,000 (# of setups)
Total Overhead $810,000

Allocation Bases
Dicer
Engineering changes 2
# of units produced 26,000
# of setups 28

Slicer
Engineering changes 7
# of units produced 16,000
# of setups 77

CutsALL
Engineering changes 6
# of units produced 12,000
# of setups 65

[fln8tive]

Why not tootle over to an H&R Block office--those guys are just watching the paint dry now....