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B D E H Shelby Shelving Data for Current Production Schedule I 3 Machine requirements ( hours per unit ) Given monthly overhead cost data 4 Models...

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B
D
E
H
Shelby Shelving Data for Current Production Schedule
I
3
Machine requirements ( hours per unit )
Given monthly overhead cost data
4
Models Model LX*
Fixed
Variables
Variable LX !
Stamping
0. 3
0. 3
Stamping
$125 , 000
$80'
$90`
6
| Forming
0 . 25
0 . 5
Forming
$95 , 000
$120
$1701
7
Model S Assembly
$80 , 000
$165
SOI
8
Models Model LX
Model LX Assembly
$85 , 000
SO
$185!
9
Current monthly production
400
1400
\10
Standard costs of the shelves - based on the current production levels
11| Hours spent in departments
Models
Model LX
\12
Models Model LX
Totals
Direct materials
$1 , 000
$1 , 200
\13
|Stamping
120
420
540
Direct labor :
SES
14| Forming
100
700
800
Stamping
$35
\15
Forming
$60
590
585
\16
Percentages of time spent in departments
Assembly
$80
\17
Models Model LX
Total direct labor
$17 !
$210
\18 | Stamping
22 . 2%
77.8%
Overhead allocation
\19
Forming*
12.5%
87.5%
Stamping
$149
$159
\20
Forming
$150
$ 2 29
jUnit selling price
$1 , 800
$2 , 100
Assembly
$365
$246
IZ
122
Total overhead
$664
$635
123\Assembly capacity\
1900
1400
\Total cost
$1 , 839
$2 , 045
[ 3] Fixed costs in cell G5: G8 are large because each of these costs is a function of output produced .
O True
O False

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