1. Inc. makes two styles of trophies, basic and deluxe, and…

Question Answered step-by-step 1. Inc. makes two styles of trophies, basic and deluxe, and… 1. Inc. makes two styles of? trophies, basic and? deluxe, and operates at capacity.Tritondoes large custom orders.Tritonbudgets to produce10,000basic trophies and5,000deluxe trophies. Manufacturing takes place in two production? departments: forming and assembly. In the forming? department, indirect manufacturing costs are accumulated in two cost? pools, set up and general overhead. In the assembly? department, all indirect manufacturing costs are accumulated in one general overhead cost pool. The basic trophies are formed in batches of200but because of the more intricate detail of the deluxe? trophies, they are formed in batches of50. Data table.Forming DepartmentBasicDeluxeTotalDirect materials$37,700$21,500$59,200Direct manufacturing labor31,20015,30046,500Overhead costs: Set up  7,440Overhead costs: General overhead  34,410Assembly DepartmentBasicDeluxeTotalDirect materials$4,800$15,200$20,000Direct manufacturing labor15,30014,70030,000Overhead costs: General overhead  36,000 Requirement 1. Calculate the budgeted unit cost of basic and deluxe trophies based on a single? plant-wide overhead? rate, if total overhead is allocated based on total direct costs.?  BasicDeluxeUnit cost  Requirement 2. Calculate the budgeted unit cost of basic and deluxe trophies based on departmental overhead? rates, where forming department overhead costs are allocated based on direct manufacturing labor costs of the forming department and assembly department overhead costs are allocated based on total direct manufacturing labor costs of the assembly department. ?(Round all intermediary and final calculations to the nearest? cent, $X.XX.) BasicDeluxeUnit cost  Requirement 3. Calculate the budgeted unit cost of basic and deluxe trophies if Triton allocates overhead costs in each department using? activity-based costing, where setup costs are allocated based on number of batches and general overhead costs for each department are allocated based on direct manufacturing labor costs of each department. BasicDeluxeUnit cost          Accounting Business Cost Accounting ACCT MISC Share QuestionEmailCopy link Comments (0)