Please help with the question below Provide working as well Jansen Painting pain
ID: 2370813 • Letter: P
Question
Please help with the question below
Provide working as well
Jansen Painting paints the interiors and exteriors of homes and commercial buildings. The company uses an activity-based costing system for its overhead costs. The company has provided the following data concerning its activity-based costing system.
The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs.
The company has already finished the first stage of the allocation process in which costs were allocated to the activity cost centers. The results are listed below:
Compute the activity rates (i.e., cost per unit of activity) for the Painting and Job Support activity cost pools. (Round your intermediate and final answers to 2 decimal places.Omit the "$" sign in your response.)
Prepare a overhead costs report and an action analysis report in good form of a job that involves painting 172 square meters and has direct materials and direct labor cost of $3,930. The sales revenue from this job is $4,950.
For purposes of this action analysis report, direct materials and direct labor should be classified as a Green cost; production overhead as a Red cost; and office expense as a Yellow cost. (Input all amounts as positive values except losses which should be indicated by minus sign. Round your intermediate and final answers to 2 decimal places. Omit the "$" sign in your response.)
Please help with the question below
Provide working as well
Jansen Painting paints the interiors and exteriors of homes and commercial buildings. The company uses an activity-based costing system for its overhead costs. The company has provided the following data concerning its activity-based costing system.
Explanation / Answer
Product margin $ $ $ ________________________________________ Requirement 2: The company is considering replacing its traditional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs): Expected Activity Activities and Activity Measures Estimated Overhead cost Xtreme Pathfinder Total Supporting direct labor (direct labor-hours) $796,320 22,000 122,000 144,000 Batch setups (setups) 486,300 150 150 300 Product sustaining (number of products) 602,100 1 1 2 Other 376,080 NA NA NA Total manufacturing overhead cost $2,260,800 ________________________________________ Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. (Negative amount should be indicated by a minus sign. Omit the "$" sign in your response.) Xtreme Pathfinder Total Product margin $ $ $ ________________________________________ Requirement 3: Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your percentage values to one decimal place and round all other values to the nearest whole number. Omit the "$" & "%" signs in your response.) Xtreme Pathfinder Total Traditional Cost System Amount % % Amount Direct materials $ % $ % $ Direct labor % % Manufacturing overhead % % Total cost assigned to products $ $ $ Activity-Based Costing System Direct costs: Direct materials $ % $ % $ Direct labor % % Indirect costs: Supporting direct labor % % Batch setups % % Product sustaining % % Total cost assigned to products $ $ $ Costs not assigned to products: Other Total cost $