Calculate the overhead rate for each overhead activity

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Woodlawn produces two types of optical mirrors. At the beginning of the year, the following budgeted data were prepared:

                                                 Mirror A                     Mirror B

Quantity                           10,000                     80,000

Selling Price                           $900                       $750

Direct Labor/Materials Costs        $529                  $483

Overhead cost data were budgeted:

Activity  Activity  Cost Driver                 Mirror A               Mirror B

Setups $200,000 # setups                  300 setups             200 setups

Utilities 100,000 Machine Hrs                 1,000 hrs.            4,000 hrs.

Packing 200,000 # Orders                    10,000 orders          40,000 orders

Question a. Calculate the overhead rate for each overhead activity:

Setups ________ Utilities ________ Packing ________

Question b. Calculate the unit product cost for one Mirror A

Reference no: EM132507600

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