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Question - K Tyre Corp producen two types of tren, ropular and now tires. The company was activity based costing and has identified two activities and their budgeted coute Molding Assembly RM 75,000 RM 260 000 Molding is baned on mixing hours and assembly us based on machine hours Information regarding each product is as follows Regular tire Snow fire Units produced 5.000 2.000 Mixing hours 525 275 Machine hours 1000 160
Required -
A. Calculate the activity rate for molding and assembly Round your answer to two decimal places.
B. Calculate how much total overhead is assigned to each type of time.
C. Calculate the unit overhead assigned to each type of tire Amaris.
D. Assume the company does not use ABC costing Calculate the plantwide overhead rate, based on machine hours. Round your answer to two decimal places.
E. Calculate the total overhead assigned to each type of tire using the plantwide overhead rate?
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