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Hickory Grill Company manufactures two types of grills: the gas cooker and charcoal smoker. The cooker is a premium product sold in upscale outdoor shops; the smoker is sold in major discount stores. Following is information pertaining to the manufacturing cost for the current month.
Gas Cooker
Charcoal Smoker
Units
1,000
5,000
# of batches
40
10
# of batch moves
80
Direct materials
$40,000
$100,000
Direct labor
$22,000
$27,000
Activity
Cost
Cost Driver
Materials acquisition & inspection
$30,800
Amount of direct material cost
Materials movement
$16,200
Scheduling
$36,000
$83,000
Required:
A) Determine the total and per-unit cost of manufacturing the gas cooker and charcoal smoker for the month, assuming all manufacturing overhead is assigned on the basis of direct labor cost.
B) Determine the total and per-unit cost of manufacturing the gas cooker and the charcoal smoker for the month, assuming manufacturing overhead is assigned using activity-base costing
C) Comment on the differences between the solutions to requirements (a) and (b). Which is more accurate? What errors might managers make if all manufacturing overhead costs are assigned on the basis of direct labor dollars?
D) Comment on the adequacy of the preceding data to meet management's needs.
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