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Addison Company manufactures two products, Regular and Supreme. Addison’s total overhead costs consist of machining $2,500,000,...

Addison Company manufactures two products, Regular and Supreme. Addison’s total overhead costs consist of machining $2,500,000, and assembling $1,250,000. Information on the two products is:

                                                Regular                Supreme               Total

Direct labor hours                          10,000                   15,000                  25,000

Machine hours (machining)            10,000                   30,000                  40,000

Number of parts (assembly)           90,000                 160,000                250,000

Direct Material Costs                   $50,000                 $75,000                 

Direct Labor Costs                     $120,000               $180,000

Units Produced                            100,000                   20,000

1. Overhead applied to REGULAR using traditional costing based on DIRECT LABOR HOURS is:

2. Overhead Applied to Supreme using traditional costing using direct labor hours is:

3. Total product costs using traditional costing for Regular and Supreme are:

4. Total product costs per unit using traditional costing for Regular and Supreme are:

5. Overhead applied to Regular using activity-based costing is:

6. Overhead applied to Supreme using activity-based costing is:

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ekkarill92 answered 10 months ago
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